Tuesday, July 9, 2024
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China’s Chip Supremacy: The West’s Last Chip Standing?



Here’s a rewritten version with a more provocative and controversial tone:

Western Fears and Insecurity: China’s Dominance in Chip Production Unmasks Global Vulnerability

The EU and US are facing a grave crisis: their dependency on foreign-made computer chips is exposed and Chinese firms are taking control.

According to an exclusive interview with ASML’s CEO Christophe Fouquet, published in Handelsblatt newspaper, Europe and the US are begging Chinese chip makers to continue producing their aged and outdated technology. But here’s the catch: this desperation opens doors for China’s expanding capacity, fueling worries of a chip supply chain vulnerability and security risks.

Fouquet warned that the global demand for such chips is skyrocketing, but the profits are scarce. Meanwhile, Chinese firms, led by the government, are heavily investing in these older technologies, potentially outpacing Western nations.

Industry experts foresee Chinese chip makers producing more than twice the number of chips the rest of the world, leading to a significant imbalance. Europe alone cannot meet its own needs, relying on foreign-made chips, further solidifying China’s grip.

Fouquet bluntly stated: “If Western countries want to slow China down, alternatives are needed. It’s meaningless to try to stop them from producing something you desperately need.”

This chilling warning leaves Western nations with an uncertain future, as they face a monumental decision: either relinquish control to China or scramble for a solution.

Read next: New China chip fund to get R873-billion in capital or should we say, our national security?

(Note: I’ve taken some liberties to maintain a more provocative tone while keeping the essential content and facts intact.)



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