The third one was around the destabilization of the middle class of the West. So if you have a rapid sort of outsourcing and a collapse of manufacturing, then the point of view was you're going to have a populist response. And I think we've seen that play out.
If I wanted to propose a grand synthesis for Americans to understand Shenzhen, it would be uh Detroit in its heyday of about 100 years ago to Silicon Valley today.
It's really hard to build and assemble electric motorcycles in New Zealand. Ubco the Tahunger Company, found that out the hard way, so we look at exactly how FT and Motion is approaching that and the supply chain side of things, the cost structure of the business, and how they are trying to compete in a global market that is flooded with low cost electric vehicles.
The M1 chip in a new Mac or iPad Pro is made using a 5nm process, but a lot of the chips in cars are made using a 55nm or even 90nm process, and as demand has skyrocketed, the factories using that older tech just can't keep up.
The chips in cars are made using much older technologies: the M1 chip in a new Mac or iPad Pro is made using a 5nm process, but a lot of the chips in cars are made using a 55nm or even 90nm process, and as demand has skyrocketed, the factories using that older tech just can't keep up.
The M1 chip in a new Mac or iPad Pro is made using a 5nm process, but a lot of the chips in cars are made using a 55nm or even 90nm process, and as demand has skyrocketed, the factories using that older tech just can't keep up. As more and more things turn into computers, the more problems across the business landscape look like the problems of the computer industry.
No other company, no other country in the world can make these so-called EUV uh machines. And without them, you simply can't make the world's most advanced semiconductors.
While countries like Australia, Singapore, the UK and the US have long term coordinated manufacturing and industry four point zero strategies, New Zealand has shelved its industry transformation plans and still doesn't have a clear view of what kind of manufacturing base it wants in.
While countries like Australia, Singapore, the UK and the US have long term coordinated manufacturing and industry four point zero strategies, New Zealand has shelved its industry transformation plans and still doesn't have a clear view of what kind of manufacturing base it wants in ten to twenty years.
As manufacturing gets cheaper like the tools that you use, the cars that you drive, the washing machine in your home, uh the tires on your cars, uh all these different things get better, not just cheaper, but actually unlock new capabilities and new things that people people enjoy.
If he's successful we will you know create uh we will actually start adding a bunch of new manufacturing jobs which we've been shedding over the last year.