Welcome to the logical statement.
We have talked to you before that the overall economic situation in the United States this year is not good. , on the one hand, the shocking inflation has been going on for almost a year. On the other hand, the Federal Reserve has continued to raise interest rates. After , the US economy was hit hard, so many people look down on the US economy in 2023 and believe that the United States will face economic stagnation and inflation at the same time. So today a large number of American high-tech companies are laying off major employees.
However, the United States is the leader of the world economy after all, so he has a way to replenish his qi and blood. How to replenish it? It is to harvest his allies. For example, due to the influence of the Russian-Ukrainian war, the whole of Europe today encountered an unprecedented energy crisis. Industrial enterprises do not have enough energy supply, and buying energy is too expensive, so they cannot survive in Europe. Therefore, today a large number of European companies are preparing to move their factories to the United States, and the United States is taking advantage of your illness to kill you. The United States has passed the inflation reduction bill to give a large amount of subsidies to local companies.
A company as long as you put the production line in the United States, I will give you real money subsidies and I will give you tax discounts. So for a large number of European companies, what they are facing is that energy is too expensive to stay in Europe. It is not only a problem of expensive energy, but may be a problem of insufficient supply, so my production line will be stopped. Although moving to the United States is a loss, I have tax incentives, and the US government also provides cash subsidies. Compared with the two, it may really make great progress.
did not return the manufacturing industry to the United States with the trade war. Now, under the series of Biden operations, some industrial enterprises are really moving to the United States. not only needs to drink blood in Europe, but also in Japan and Korea. Just two days ago, the Korean economic circle said that the United States is going to emptiate South Korea's economy. Why ? On the one hand, the strong appreciation of the US dollar has caused Japan and South Korea to have a trade deficit for many consecutive months. On the other hand, the US policy is forcing South Korea to move a large number of companies to the United States.
For example, in the electric vehicle field, we all know that the Japanese automobile industry has no future. It does not have electric vehicles, but Korean electric vehicles sell very well, second only to Tesla in North America. However, the United States has come to the Dao Act at a critical moment. The government will give you a subsidy of 7,000 to 8,000 US dollars for all electric vehicles produced in the United States. This money will benefit a large number of American consumers and choose electric vehicles produced in the United States. But if your electric car is produced in South Korea and sold to mainland North America, I'm sorry, you don't have this subsidy.
Korean cars are like Japanese cars with affordable brands. You are cheap and discounted enough. Everyone is willing to buy them. There is no subsidy now, and the Korean electric vehicle industry is facing a crisis of collapse. So a large number of Korean electric vehicle companies are now considering building production lines in the United States. Not only the electric vehicle industry, but also the chip industry, and the chemical industry, so the South Korean economic industry shouted that if this continues, the South Korean economy will be hollowed out by the United States. Which Korean is
? There is also Taiwan, my country. The Japanese chip industry, which was in full swing back then, disappeared under the suppression of the United States, and thus made South Korea and Taiwan cheaper. Taiwan was born TSMC, and South Korea was born , Samsung and other companies. Today, TSMC has made a very large scale. This year, we will say that due to the huge depreciation of the yen, the per capita GDP of South Korea this year is per capita GDP, and Taiwan's per capita GDP has suddenly surpassed Japan.
But of course we also know that ordinary people in Taiwan do not seem to make much money. Why is Taiwan’s per capita GDP so high? One very important reason is that TSMC, which exists in the sacred mountain of Taiwan. However, the big brother of the United States is going to take action against TSMC. The United States is constantly lobbying TSMC to set up factories in the United States, giving various discounts, opening up the entire US market to you, and preventing TSMC from doing business with mainland my country. Then TSMC, which is sandwiched between the two strongholds, can only make a choice in the end and invest heavily in the United States.
Zhang Zhongmou has said that it will be built in the United States for US$12 billion. In the future, not only will it build a 5-nanometer chip, but it will also build a 3-nanometer chip. And just two days ago, TSMC booked 10 aircraft and transported a large number of engineers' families and some precision equipment to the United States. Yes, in fact, many people know that setting up production lines in the United States may not make money, because although the United States has cheap land prices and low energy, it cannot recruit enough talents.
At that time, the US President told Cook that he could move the Apple production line back to the United States. What did Cook say? Not only do you have no production line workers, you don’t even have an engineer. The same is true for TSMC. In order to build a factory in the United States, TSMC has to move a large number of outstanding Taiwanese engineers to the United States. And it’s not just a temporary job, but they are allowed to move all their families to the United States, and they will live in the United States in the future because it’s difficult for you to hire such excellent talents.
Of course, TSMC also understands that a high cost in the United States may not be able to make enough money, but this is also a helpless choice. Under the suppression of a series of industrial policies in the United States, if TSMC does not move past, it will lose a large amount of market share in in the future. actually Musk also made similar moves two days ago. Remember? Musk transferred 200 workers and engineers from the Shanghai Super Factory to assist in building the American factory. Why? Musk felt deeply that American workers were inefficient in production, otherwise he would not have cut 3/4 of them all at once after acquiring Twitter.
Musk saw the super speed of Chinese factories, so he wanted Chinese workers and engineers to guide Americans. TSMC also did the same. TSMC knew very well that if he hired people in the United States, then he would be like the Foxconn back then, and he would not be able to build anything in four years. However, Terry Gou is also smart. He just made it for Trump to show it and wanted to invest heavily in the United States. He also knew that Foxconn could not make money by opening a production line in the United States, so he was symbolically trying to make ground and did not really recruit or transfer people.
However, Zhang Zhongmou is different this time. TSMC really wants to set up factories in the United States and build production lines, so a large number of Taiwanese engineers will be moved there. And according to the Americans' ideas, in the future, they will not only ask TSMC to build a branch in the United States, but they will take this opportunity to completely empty out the entire Taiwan chip industry, just like they did to South Korea. So I think this is a major warning for Taiwan, my country. In the past few years, Taiwan’s economic development has not been good. Every year, a large number of people in Taiwan have to go overseas to make a living and seek development.
Even we often say that the best and smartest Taiwanese are no longer on the island, and the most important industry that Taiwan relies on to be proud of is probably its chip industry. Fortunately, TSMC has supported Taiwan's per capita GDP to become higher and higher. However, the United States has taken action against TSMC, and the United States has also deeply realized the important role of chips. It hopes to suppress the development of my country's economy through chips and pinch us on the high-tech industry. The effect of this is to completely empty Taiwan's chip industry.
So in a few years, if TSMC really moves all to the United States, and Taiwan’s best engineers will take their families to the United States to develop, and there will be no more chip talents and high-tech talents in Taiwan. What else can Taiwan’s economy support?
