Under the competition between China and the United States in science and technology, American semiconductors have invested 8 billion US dollars in Vietnam
India"Outdated"Is it so? 15 U.S. semiconductor companies have invested 8 billion yuan in Vietnam to start a technology race between China and the United States!
Since the United States lifted the ban on chips, countries around the world have been trying to localize chips, which is actually a technological competition between China and the United States, and whoever can win will have a large following.
With Huawei's continuous progress in chip and system technology, the United States"Technological supremacy"Broken to a certain extent. In the past, the main destination for U.S. companies to invest was China, but now the U.S.-China economic and trade relationship has changed, and U.S. companies have had to shift their production capacity by setting up factories in China.
Therefore, the United States gave Vietnam and India two market options, for the simple reason that there were more Americans and cheaper labor there.
Since Modi's launch in 2014"Locally manufactured"Since the beginning of the program, India has been looking to overtake China, especially in the manufacturing sector. "Locally manufactured"The plan was not favored by American companies at the time, although some Chinese companies joined, but most of them were one or the other"assembly plant"。The plan was not favored by American companies at the time.
Of course, this is not a good thing for India, as American companies set up factories in India, Modi is also full of confidence, he began to make things difficult for Chinese companies, not only fines, but also directly vetoed a large amount of capital injection by Chinese companies, pinning all his hopes on the United States.
However, what he didn't expect was that India was like one of India"Chess pieces"While many U.S. companies claim to build factories in India, it's all on the surface, and that's because India has given them a lot of subsidies, and that subsidy seems to be coming to an end.
According to U.S. sources familiar with the situation, 15 U.S. semiconductor companies have shown interest in the Vietnam factory, with an investment of up to 8 billion yuan, which is undoubtedly a more honest approach than the Indian market, which may be preferred, although this may be another pitfall for the United States.
U.S. companies such as Intel and Nvidia have long worked with Vietnam's semiconductor industry, and their workers are far more popular than their Indian and Vietnamese counterparts, which is key to their future growth.
At the moment, India has the upper hand, but the United States has always bullied small countries, and India does not have this advantage, even if Modi gives them a subsidy of 10 billion yuan.
What's more, the United States is surrounded by almost all of India's top talent, more than 4 million Indian-Americans, including 1 million scientists and engineers, who obviously do not want to return home and do not have the Chinese sense of serving their country and people.
The U.S. supports balancing India and Vietnam with the Chinese market, but U.S. companies are more interested in short-term interests, and Biden**'s approach has prevented them from putting more effort into developing new markets.