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India makes $10B bid to grow local semiconductor industry to serve – and challenge – the world

Anonymous Coward
Anonymous Coward

I think this is hilarious.

For over a decade, everyone has been outsourcing the work to Asia so China can build out their fabs for cheap, now the whole world is waking up and realizing that doing so was a really dumb thing to do, because all their eggs are now in one or two baskets under control of "The Enemy." (*LOL*)

Now all the fab and tech companies want the governments of the world to pay them again to rebuild the fabs locally that they already paid to have built in China...

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