When a company opens a facility in another country, why don't they just higher local people to be the managers?
So what happens to Taiwanese manufacturing when their population collapses due to a super low birthrate. They right behind South Korea in lowest TFR.
It's happening all over the place. They're either going to have to lean heavily into automation (where possible), and/or accept mass immigration from parts of the world that continue to have a high birth rate – although as we're seeing in a lot of places, that can be a tough sell politically.
W for workers rights, L for US fab production
Well hopefully it fails and sells to a not terrible company.
TSMC is a massive company that makes a huge profit. Almost nobody else in the world can make 5nm chips (intel can but they already are setting up in Ohio).
AMD, Nvidia, and Apple would have to fail first
In Taiwan, TSMC is known for extremely rigorous working conditions, including 12-hour work days that extend into the weekends and calling employees into work in the middle of the night for emergencies. TSMC managers in Taiwan are also known to use harsh treatment and threaten workers with being fired for relatively minor failures.
I'll say this again: we need to seize the means of production.
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