October 8th is a big day! Does TSMC no longer exist globally? Just now, there were four news reports from the international community
In the process of achieving cross-strait reunification, we need firm beliefs and wisdom. We should use the flame of our hearts to ignite the passion for unity among compatriots on both sides of the Taiwan Strait, work together to create great history
In the process of achieving cross-strait reunification, we need firm beliefs and wisdom. We should use the flame of our hearts to ignite the passion for unity among compatriots on both sides of the Taiwan Strait, work together to create great history. The reunification of the two sides of the Taiwan Strait will become a glorious chapter in the rejuvenation of the Chinese nation, and we should work hard and strive for it.
Let us unite closely and strive to achieve the dream of cross-strait reunification! Compatriots on both sides of the Taiwan Strait, let us work together to create a great history that belongs to us!
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Message 1: 45.6 billion, 10 EUV lithography machines! Foreign media: TSMC no longer exists globally
With the rapid development of technology, as one of the core technologies in modern society, the importance of chip manufacturing capabilities has become increasingly prominent.
In recent years, the chip competition between China and the United States has been constantly escalating, and major chip manufacturing companies have increased their research and investment efforts to compete for market share.
In this fierce competition, TSMC, as the world's most high-end chip manufacturing equipment supplier, is facing unprecedented challenges.
TSMC once held over half of the global market share for EUV lithography machines, which were considered the core equipment for manufacturing high-end chips.
However, with the upgrading of the Sino US chip competition, TSMC has gradually lost its competitive advantage.On the one hand, due to sanctions and suppression, Huawei's market share has decreased. TSMC terminated its chip foundry contract with Huawei in 2020, further weakening its market position.
On the other hand, the Chinese government recognizes the importance of chip manufacturing capabilities for technological development and has begun to delegate responsibility for chip manufacturing to local chip companies, such as SMIC International.
SMIC, as a local chip manufacturing enterprise in China, has rapidly emerged in recent years.
The company has launched the N+2 process, achieving mass production of 28 nanometer and 14 nanometer chips, and invested 45.6 billion yuan to build a 12 inch factory. These measures have made SMIC one of TSMC's main competitors.
In addition to competition from China, TSMC also faces competition from around the world. Intel has announced its full entry into the chip foundry industry and plans to surpass TSMC by 2030. This news has put tremendous pressure on TSMC.
Faced with such a severe situation, TSMC is willing to respond at all costs. It is expected that TSMC's production costs will increase by more than 50%, which will have a serious impact on its pillar business. Therefore, TSMC is actively seeking backers to maintain competitiveness.
The global chip competition is becoming increasingly fierce, and TSMC, as the world's most high-end chip manufacturing equipment supplier, is facing huge challenges.
SMIC International has emerged as a local chip manufacturing enterprise in China, while Intel hopes to surpass TSMC in the chip foundry industry. In this fiercely competitive industry, major enterprises need to constantly innovate and invest in order to remain invincible in the market.
Message 2: India bought 36 Rafales for 8.8 billion yuan and was mocked as the enemy. Now France has discovered that "who is killing who"
In recent years, the transaction between India and France regarding Rafale fighter jets has attracted widespread attention. This fighter jet can cost money to build a brand new fourth generation fighter jet, but India ultimately only received a third generation fighter jet.
India placed an order of $8.8 billion with France, but only delivered 36 fighter jets. The disputes and cooperation crisis in this transaction reflect the complex economic and military relations between the two countries.
Initially, France quoted a single Rafale fighter at $67 million, which was a huge investment for India. However, France subsequently proposed the idea of assembling some fighter jets locally in India, hoping to reduce costs through local assembly.
India initially directly placed an order for 126 fighter jets with France, but the contract showed that the price was much higher than expected. This makes India feel economically difficult and therefore seeks solutions to reduce the cost of fighter jets.
However, the Rafale fighter jets were gradually exported to other countries, causing India to have to ask France to purchase fighter jets.
This situation puts India in a relatively weak position in the negotiations, allowing France to exert more pressure to push the deal forward. In the end, India could only accept the delivery of 36 fighter jets and began to default on France's final payment.
France has repeatedly urged India to settle the remaining payment, but India has postponed payment due to defects in the fighter jet. This issue has sparked greater controversy, with France considering it as an excuse for India's deliberate delay in payment.
In order to stabilize France, India has agreed to the idea of introducing 26 Rafale fighter jets again, hoping to ease tensions between the two sides by increasing the number of orders.
However, the issues in this transaction are far from being resolved. The financial dispute between India and France, as well as India's questioning of the quality of fighter jets, further threatens the cooperation between the two countries.
This cooperation crisis not only affects the economic interests of both sides, but may also have adverse effects on military cooperation between the two countries.
Faced with this situation, India and France need to take action to resolve the dispute and maintain their cooperative relationship. Firstly, both parties should resolve financial disputes through fair and transparent channels to ensure that India pays the final payment on time.
Secondly, France should actively respond to India's doubts about the quality of fighter jets and ensure that the delivered fighter jets meet the contract requirements.
Finally, both parties should strengthen communication and cooperation, jointly solve the problems that arise, and establish a more stable and reliable cooperative relationship in future military transactions.
Message 3: China's ban continues to escalate, the Japanese seafood market crashes, and if Kishida doesn't stop, there will be major events
Recently, the Chinese government announced a ban on Japanese aquatic products entering the market, which has led to a contraction of the Japanese aquatic product market, with warehouses filled with unsold aquatic products, and the Japanese government facing difficulties.
In order to save the aquatic industry, the Japanese Minister of Agriculture, Forestry and Fisheries has called on people to eat more scallops, but this does not fundamentally solve the problem.
The reason why China has banned Japanese aquatic products from entering the market is nuclear pollution. Nuclear contaminated water contains 64 types of radioactive nuclides, posing a serious threat to the marine ecological environment and human health.Due to nuclear pollution, Japan's aquaculture industry has become the first victim, and Tokyo Electric Power Company is facing huge compensation pressure.
However, ordinary Japanese people and the aquatic industry have expressed strong opposition to the release of nuclear contaminated water, and have initiated protests and lawsuits.
They believe that the discharge of nuclear contaminated water not only causes damage to the marine ecological environment, but also has irreversible effects on human health. They demanded that the government take stricter measures to protect the rights and interests of the aquaculture industry and the people.
Faced with protests and lawsuits from the public, the Japanese government has had to reconsider the treatment of nuclear contaminated water. Under the advice of experts, the government has increased efforts in the treatment and monitoring of nuclear contaminated water.
At the same time, the government has also strengthened regulation of nuclear power plants to prevent similar accidents from happening again.
However, solving the problem of nuclear pollution is not easy. The treatment of nuclear contaminated water is a complex and arduous task that requires technology, funding, and government support. The Japanese government needs to cooperate with the international community to jointly address the challenges posed by nuclear pollution.
In addition to addressing the issue of nuclear contaminated water, the Japanese government also needs to take measures to revitalize the aquatic product industry. In addition to calling on people to eat more scallops, the government can guide the aquatic product industry to develop new markets, improve product quality and competitiveness, and attract more consumers.
The Japanese seafood industry is facing a nuclear pollution crisis, and the public is actively protesting and suing. Solving the problem of nuclear pollution requires the efforts of the government, as well as the support and cooperation of the international community.
Only through technological innovation, strict regulation, and effective measures can we protect the marine ecological environment and people's health, revitalize the aquatic product industry, and achieve sustainable development.
Message 4: It will be implemented next year and US dollar trading will be banned. Biden sent American veterans to visit China and pleaded for China's help
Recently, the Central Bank of Iraq announced that all US dollar cash withdrawals and transactions will be prohibited from January 1, 2024. This decision aims to address the impact of the US dollar on its foreign exchange reserves and prevent the occurrence of financial crimes.
Behind this measure is not only the impact of the United States kicking Russia out of the SWIFT system and imposing sanctions on Iran in 2022, but also the reduction in the proportion of US dollars in global official foreign exchange reserves and the reassessment of the status of the US dollar by countries.
The trade and financial exchanges between Iraq and Iran are close, but due to the United States treating Iran as a prohibited zone, Iraq's trading partners are facing enormous difficulties.
This further exacerbates the decision of the Iraqi central bank to ban US dollar trading. And this incident has also raised concerns about the global financial system.
In fact, the proportion of US dollars in global official foreign exchange reserves is gradually decreasing. Many reserve management institutions have begun to shift to other currencies, especially the Chinese yuan.
China has significantly reduced its holdings of US dollars, and countries such as the UK, Japan, Israel, and Australia have also joined the selling of US bonds. This trend has caused instability in the global position of the US dollar.
For the United States, they hope that China will increase its holdings of $1 trillion in US bonds to stabilize the position of the US dollar, but China does not agree with this.
Senior US officials have recently visited China and hope to increase contacts, but the Chinese Ministry of Foreign Affairs has expressed its hope to enhance the objective understanding of China by the US Congress and inject positive factors into the development of Sino US relations through this visit.
The occurrence of this series of events, whether in war or peace, requires both sides to maintain strategic composure and flexibly adjust their strategic strategies. The global landscape is reshaping, and the shaking of the status of the US dollar will trigger fluctuations in the international economy.
The shaking of the US dollar as a global reserve currency will have a profound impact on the global economic system. On the one hand, this may lead to a depreciation of the US dollar, thereby driving up global inflation levels; On the other hand, the shift of countries towards other currencies will also accelerate the internationalization process of other currencies.
For China, this change may bring new opportunities for the internationalization of the renminbi. China has always been committed to promoting the internationalization of the renminbi, and the recent changes in the global situation have undoubtedly strengthened the motivation for China to achieve this goal.
China has taken measures to significantly reduce its holdings of the US dollar, while actively promoting currency swap agreements with other countries, creating more convenience for the international use of the renminbi.
However, reshaping the global landscape is not achieved overnight, and countries need to maintain strategic composure and flexibly respond to changes in the external environment.
Especially in China US relations, both sides need to strengthen communication and cooperation, and jointly promote the construction of a stable, open, and inclusive international economic order.
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