semiconductors

“So a lot of East Asian countries did understand that they had, for example, Taiwan, et cetera, had a very liberal trade policies from the 19 fifties, which people don't see when they analyze Taiwan. They say, Oh, today it has become powerhouse on semiconductor…”

“Instead you use state capital on what you see as strategically important domains, semiconductors, strategically important. You need certain kinds of dependencies to go. There may be others. There may be critical minerals where you support. You don't need to do…”

“No, today, almost hundred percent semiconductor is important. Nothing is made here. Hundred percent.”

“I mean, they are throwing a number like our import bill for semiconductor is I think, forty-five billion or something like that. 45, fifty billion.”

“You can now differentiate your products based on the application and it is not too expensive to do that now.”

“If you look at semiconductors, 90%, I don't know if you know this statistic, 90% of chip design goes through India, including the Chinese trips.”

“And I think, you know, semiconductor will eventually be something like that. I, you know, I believe, right? Where, you know, it will become more and more affordable, right?... So I think, you know, India will democratize a lot of this, you know, in my opinion.…”

“Semiconductor doesn't create, you know, many, many jobs. Because it's very highly automated, especially manufacturing is very highly automated and so on.”