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White House pushes for total ban on US exports to Huawei

Anonymous Coward
Anonymous Coward

One unintended consequence of this may be the impetus for the Middle Kingdom to establish a competitive chip manufacturing industry. I am sure that they have already embarked on replicating the photolithography from the Netherlands. Then building fabrication to compete with Taiwan.

The Netherlands itself became an innovation centre after an economic crisis in the 1970s, which became known as the Dutch Disease. The energy sector in the Netherlands boomed after 1959 and the discovery of North Sea oil. This sector developed rapidly and the economy boomed. However, no other sector developed and when the energy prices fell the Dutch economy was hit hard. After that, the country diversified rapidly and become the most innovative country in Europe is many sectors, including agriculture, dwarfing all other European countries.

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