I really appreciate the affection that Jon (Asianometry) has for the history of the industry, and relish for understanding the participants and personalities.
Another gold nugget from Asianometry - thanks PS more about grumpy Asian Grandpas please, they're an under represented demographic in social media about business and tech (and...well news and social media generally)
Dear Asianometry, Thank you once again for a wonderful and informative piece. I lived in San Francisco for 30 years from 1975 to 2005, as a result I was very peripherally there during the emergence of what is now euphemistically called The Tech Industry. The discussion of The American Worker made me smile. I dated a Parisian Girl for while and she looked upon the US and its work ethic, the way we looked upon the Asian Work Ethic, she thought we were insane ( smile ). While I agree with Chang and his description of the American Worker, if he had been in France the machine in question may not have gotten repaired until the end of the week ( smile ), and if I was going to pick a place in the world to live and work in, to be honest it would be Europe. This brings up the larger discussion of what it means to have an efficient corporation and a healthy and happy workforce, however in time this question may not matter as AI System Robotics may very well create the workforce that Chang could only have dreamed of.
@@petithor Hyperspecialized equipment makers making a single product that is valued in thee millions not the same things. Plus the Dutch and the Germans are NOT French
Man, I really love your videos. I can watch, actually listen mostly but I do watch as well, then for hours. I use to teach English in Taiwan, as well as South Korea and China. I'm back in the USA. I'll definitely be watching videos you have about semiconductors, and the future of them, or such technologies.
"Intel dances alone." This is what keeps Pat Gelsinger up at night. Intel's struggle for fab acceptance by the industry at large, and training techs to work independent of the design teams
@@manle2337 It's almost impossible, you're a competitor at the same time, so how are you going to get your rival to place orders with you? They need to split the company or no one will invest!
KMT was the ruling party of the ROC Taiwan gov when TSMC was built. The present Vice President William Lai belongs to the DPP. Why should he be embarrassed when Morris Chang talked about shares sold by past Taiwan gov?
I read the book Chip War and have watched many interviews with Chris Miller on TH-cam and love them all. One of the most significant changes in geopolitics is the refusal to allow high tech chips to go to China which ends the international competition right now as I see it. Nvidia, TSMC, and ASML all will not sell to China and that is earth changing.
Also there's a nice beach bungalow you might be interested in about 10 miles from downtown Phoenix, AZ. You are thinking of Chinese industry as if it is an American corporation that has no lobbyists. Just because they are hit hard, doesn't mean much, these companies are extensions of the PRC. They have an entire country's worth of resources to prevent their collapse and buoy them up until they can find alternative supply chains. This is just the start. And any hardware they need (ie NVIDIA AI/GPUs, etc...), well, no one banned them from renting the stuff. Its amazing that after seeing the happy fun times Jack Ma got put through that all of these CEOs that already have more money than the rest of their entire country's combined are just damned and determined to keep drawing closer to China. The greed trap is real.
People can get mad if they want but Mr. Chang is right. The work culture in the US can vary a lot, but for the most part when it comes to government or union jobs, people can be pretty lazy. In many occasions specially, in government we see a few people doing a lot of work, and a lot of people are doing almost no work I believe this is only going to get worse as Merit seems to be under attack in the US and people want promotion based on other factors that have nothing to do with the job.
I would happily wake up in middle of night and go fix the issues, if I would be paid premium for 24hour on call support. Is that the reason it is standard in Taiwan, or are they just expected to do it without any bonus for their flexibility?
Every Taiwanese should be deeply indebted to Morris Chang, who is not a Taiwan native. DPP should learn this and many Taiwan IC professionals went to work for SMIC are native Taiwanese.
Lai just stepped up as VP after the ruling party DPP lost the 9-in-one election a few months ago. His speech is both unimportant and unrelated indeed in this forum.
the reason to have different working culture is simple: The hegemony simply dont need to work. All the laborious work is done in asia, africa and south america. People in US can have almost free food and commodity, get paid with freely printed dollars. That is simply the most authentic definition of Hegemony
Morris Chang said Chips make in America would cost 4x more... it's just not going to be price competitive, especially China is catching up fast. US's tech sector has a rough road ahead. China's rise is inevitable as much as US decline...
As Taiwanese the chip industry was heavily patent protected and as my dad who worked there always tell me, the Americans looked down on manufacturing but the capitalist didn't realize they needed the workers more than they thought they would. good summary & reference video!
Thought the commentary about the US worker was interesting...would like to have known the timeframe though that he formulated his particular thesis while at TI (I mean, he worked there 20+ years after all). As someone who's worked in the IT field and had on-call responsibilities in a 24x7 environment....if someone calls you at 2 AM that something is down, you go do your best to fix it ASAP unless there are extenuating reasons why not (and I have experienced those a few times!). So yeah I don't get that generalization, unless it had to do with the fab location and the bottom-of-the-barrel staff they had. Side thought also, I would imagine there is some additional strategic rethinking going on also given the CHIPS Act. Given what we just experienced with COVID, and that PRC is buddying up with Russia/Putin and rattling sabres all around the place otherwise, IMHO the US doesn't want to be caught with the pants down again especially if the sabre-rattling over Taiwan becomes a more distinct and clear threat (albeit, if that happens I would NOT be surprised by massive joint US/South Korean/Japanese/Australian reaction).
The reason Morris Chang was "ballzy" in downplaying the contribution of the Taiwan government in front of Vice President Lai is the opposite of what you think. Many in Taiwan thought Morris was cowardly for sucking up to the Vice President, who is running for the presidency in the upcoming Taiwan presidential election. Morris was ungraciously taking away the credit from the former President of the opposition party, President Chiang Ching-Kuo, who had not only provided most of Morris' money, when Taiwan was very poor, but also, more importantly, recruited the other necessary talents, which was very scarce at that time, and who had built the transportation, electrical and water infrastructures needed for Morris' project. Morris had apparently succumbed to VP Lai's pressure to turn Chris Miller's book tour and history discussion into a campaign event for VP Lai, while heaping credit upon himself. Morris tried to be sly about it, but it came across loud and clear. He wanted more money from the U.S. government for his factories in Arizona. That is also not very gracious, since everyone knows his has plenty of money and not enough time to spend it.
American companies have "difficulties" keeping their skilled workers because other companies offer them more money and they refuse to pay more. Thus they jump ship.
I'd be happy to go in at 1am to fix the photolithography machine, so long as the pay was commensurate. Rich dudes, complaining about the work-ethic of their employees, rarely frame it that way though.
"Old men say whatever they want." They do and it's nice when someone just speaks their mind. Just straight to the point, honest dialog with lots of wisdom.
I saw this picture and I remembered in 1969,I was in school and there was this girl her name was victruchknanvtryactriscutus,since you have jumped the name I won't tell you what really happened between me and her,life is sweet joor😋😁😁
LOL morris quote is funny. Sounds very much like old Taiwanese man lecturing younger generation :) Funny how Morris wife cut thins short. sounds very similar to my own experience with paternal and maternal family.
YOU DON'T READ or FOLLOW the semiconductor VITAL NEWS! Morris Chang and TSMC are UNDER TREMENDOUS PRESSURE of the US! He founded TSMC so what? Where's TSMC NOW? Nowhere! Biden reminded TSMC of the owners of most of the patents it runs under: THEY'RE fundamentally US. Period. YOu ought to know that pretty large TSMC PLANTS are currently under construction in the USA. That means US is relocating TSMC industrial power at home! Chinese officials arguably said:"We don't need to invade Taiwan. Taiwanese industries will eventually beg us to save them from american selfishness, quoting TSMC board's plan to minor more and more Taiwanese part in high-end semiconductor production". btw why hadn't the US invited Taiwan when it organized a crucial meeting with Korean and Japanese semiconductor corporates about the future of the industry? Morris is a collateral victim of US unequivocally selfish policies. Morris Chang is NOT THE MAN!
It is true that when machines are hard down at night, the Equipment Engineer at Asia(Taiwan/Singapore) is called back to follow up on the issue. - Poor dude. No work/life balance.
Regarding the Asian work culture & the technical education in Taiwan that Chang mentioned in the interview, as a person with a Taiwanese background, I would say it was true probably 30~40 years ago, but not anymore. Thank you for this great video.
What Morris Chang said @7:13 about workers in the US Fabs mimics my experience working in a US semiconductor firm. It's confirmed by the yields, across the board for at least the product lines we were in charge of. Yields from Asia vs all US based fabs were 90%+ vs mid 60%. On top of that, the US fabs were one node behind their Asian counterparts, using machines that were already tuned by their Asian counterparts, utilising a process that was very well characterised at this point and were better paid. The US fabs weren't able to survive post GFC-2008
Started working in semiconductors in 1995 at Philips Semiconductors (today NXP) and moved to ASML in the early 2000s, best career move I have ever made.
On the American vs Asian Worker: I think a big problem of corporate America is the mentioned turnover. American management seems to become obsessed with the fact that workers are redundant. It's crazy to hear again and again how it has become a normal part of life in America that bosses just fire employees. While for work places with short learn times this can have acceptable financial results, this is probably unsustainable for highly skilled work like in semiconductor manufacturing
Definitely a missed opportunity! Old guys are the best when it becomes clear to them that you are there to listen. But you do need to ask questions and not just sit and listen.
Uh, to be fair...most 90-year-old Grandfathers are grumpy, and they mutter as well. It's NOT just Asian Grandpas. Also, Morris WASN’T lying regarding Asian workers work a lot harder than American workers.
Chris Miller is an assistant professor for "International History". He does not have a technical education or any clue about semiconductors in detail. And it shows. The book is a summary writing of 20 Wikipedia pages about the history of Chips. Nothing in it is of any value. He talks about ARM and IBM. Everything is superficial Wikipedia-grade. A handful of Asianometry videos teach more about semiconductors than this book does. I don't understand why this is so hyped. I get spammed with several presentations about "Chip Wars" in my TH-cam recommendations
The fact that a Taiwanese technician will get up at 2 am to fix the equipment just shows that people in Asia are overworked and they are also not happy about it. It is not something to be proud of. Would he want to be getting up at 2 am for a business somebody else owns? Otherwise what stops us from working 12 hours/7 days? Surely the productivity and competitive advantage will increase! We must serve the economy, not the other way around, right?
Yeah shits cringe. It's funny too since as far as Western countries go US work culture is still very hard working and willing to work long hours in comparison to most. Most Euros consider Americans crazy lol.
@@JamesWattMusic Frontline technicians aren't cheap peasant labors. Those who stays are willing to exchange a much wealthier retire life with 20 years of hard work.
I call BS on Morris issue with American workers, it sounds more like his issue was work culture and not hiring dedicated people. I know people who stayed awake for 48 hours, trying to fix an issue (everyone else went to sleep and his boss was an asshole at the time). I have the feeling that he is looking at the past with rose tinted glasses.
Yes and no. Yes in that the reason he and basically all of the leaders of Taiwan's tech world left the US post college, post learning about business was because they knew they could pay the people back home a lot less and undermine anything that was in the US on labor costs. No in that, I mean, he went back because he knew he could exploit his own people and pay them less. Still does.
I do thing it is somewhat true, "NOT ALL" american is lazy worker.... but comparing it to asian, well you gotta hand it down to asian worker.... Also, American worker complaining and protesting in the street while being captured by media didnt help their reputation either.
they are lazy compared to asians...just accept it. its only that in america you got lots of benefits from the huge dollar financial power + the main stock exchange. this 2 alone its why theres a lot of successful companies there.
What the US can't seem to do is to balance capitalism with other key aspects that are also important, be it defense strategy or quality of life or whatever. Individual American companies made decisions decades ago to offshore semi fab and that's been a huge mistake. That should never have been offshored. Look at the recent collapse of Silicon Valley Bank et al. Those banks lobbied to get rid of government oversight successfully. Now they've failed and the US government has to step in. My point is that profits are important but are just too singularly valued in the US. It's a lesson any one company or even any government can't seem to learn even with experience time and again.
Gina Ramondo is changing the rules for receiving subsidies from the 52Billion chips act. Before companies could not use those funds to build new seim-fabs in China but they could use their own funds to build fabs in China. The new rules mean no company accepting US subsidies can build new fabs in China even with their own funds. When you combine this with the 2X higher cost of building the fab in Ariz, and the higher cost of production in the US, the investment by TSMC in the Ariz plant may trun out to be a financial disaster. Samsung may feel the same way.
Have you read the book yet? What are your thoughts? You do really informative and insightful reports; this was a disappointment. You referred to Chang's age and disability more than once and said because he was what that is he could say anything he wanted to. No, you could and did make disrespectful comments about him. Look up what the bias of ageism is.
Why don't you get in touch with MC's people and get your questions answered? There's no finer semiconductor channel with a wider audience. You have some heft in the industry, try using it.
Ballsy or not, Morris Chang isn't just a grumpy Asian grandpa, he has earned the right to be blunt and direct and express his annoyance at what the American end game is supposed to be ... Thanks to his openness, we now understand on which side Taiwanese wisdom lies in this geopolitical madness. Jon should listen to his elders and pay more respect ....
Moving production back to the US is not about lowering cost, it is about a secure supply of these vital items. To bad for Taiwan to have a 10 ton Gorilla hanging over them. Joe public in Taiwan needs to be more concerned about their fate.
8:55 The way it came across to me sound like Morris would get fired if he asked a technician to fix the equipment in America because he was an immigrant boss there.
Please. Americans just won't put up with the same working conditions that many Asian workers seem to. Funny enough, the US work culture is still more accepting of hard work and long hours than essentially any of the Western world. Most Euros call Americans insane.
That's pretty doom and gloom. High end stuff can't be made in Taiwan cuz of US mistrust. And US cost is too high, meaning that TSMC is caught between rock and a hard place. And low end stuff you need to compete with China. Another bad sign, Morris is saying that Chris Miller is trusting too much in government intervention and not the economics of the labor force, and implying that the entire US policy is misguided. This is an understandable bias because no American will admit their labor force is inferior to the Chinese; however it's the Achilles heel in this chip war for US, one that Chris Miller is too young to acknowledge. If your production cost is more than double that of China, then how are you supposed to compete?
@@chickenfishhybrid44 But his bias is shaped by decades of experience in the industry. Whereas Chris Miller bias is not from experience, but a general cultural perception. When reality hits, Morris is almost certainly going to be on the mark.
@@chickenfishhybrid44 If it doesn't work out for US then TSMC is doomed since it is banned from doing business in China. It's more like he sees the cliff ahead and is annoyed by the silly youngsters who can't see it.
More accurate. The American wife will complain when he doesn’t take the children to kindergarten at 8. And he will be divorced sooner than later 😂. don’t wanna go in details what is on the taiwan side meanwhile going on 😀
![คุณอาเรียโต๊ะข้างๆ พูดรัสเซียหวานใส่ซะหัวใจจะวาย ตอนที่ 2 [ซับไทย] 【Ani-One Thailand】](http://i.ytimg.com/vi/kbbfYakMY8k/mqdefault.jpg)
I really appreciate the affection that Jon (Asianometry) has for the history of the industry, and relish for understanding the participants and personalities.
Another gold nugget from Asianometry - thanks
PS more about grumpy Asian Grandpas please, they're an under represented demographic in social media about business and tech (and...well news and social media generally)
Dear Asianometry, Thank you once again for a wonderful and informative piece. I lived in San Francisco for 30 years from 1975 to 2005, as a result I was very peripherally there during the emergence of what is now euphemistically called The Tech Industry. The discussion of The American Worker made me smile. I dated a Parisian Girl for while and she looked upon the US and its work ethic, the way we looked upon the Asian Work Ethic, she thought we were insane ( smile ). While I agree with Chang and his description of the American Worker, if he had been in France the machine in question may not have gotten repaired until the end of the week ( smile ), and if I was going to pick a place in the world to live and work in, to be honest it would be Europe. This brings up the larger discussion of what it means to have an efficient corporation and a healthy and happy workforce, however in time this question may not matter as AI System Robotics may very well create the workforce that Chang could only have dreamed of.
Yes exactly, people in europe are clueless, like ASML for example
@@petithor Hyperspecialized equipment makers making a single product that is valued in thee millions not the same things. Plus the Dutch and the Germans are NOT French
Thank for this insight to the "Morris Chang & Chris Miller Semiconductor Forum".
This is truly one of the gems in your library.
I’ve never commented on your videos, and I have watched most of them. This is by far the most interesting one, thanks for covering it.
I wonder if you could ever get Morris Chang and Gordon Moore in the same room to chat. That would be interesting.
Gordon Moore is long gone!
@@ntabile he's still alive, look it up
Gordon Mooreis Chang!
@@davidgunther8428 Unfortunately…. 😢 Not anymore.
@@davidgunther8428 well actually NOW Gordon Moore is gone.
fantastic video, like most of them on your channel. And fun to watch too. Thanks for the great work
Great video, much love from Nairobi, Kenya. The book chip war is fantastic. It is worth the read.
Man, I really love your videos. I can watch, actually listen mostly but I do watch as well, then for hours. I use to teach English in Taiwan, as well as South Korea and China. I'm back in the USA. I'll definitely be watching videos you have about semiconductors, and the future of them, or such technologies.
Your thoughts presence are super awesome! *Bows* There is so much to unpack!
"Intel dances alone." This is what keeps Pat Gelsinger up at night. Intel's struggle for fab acceptance by the industry at large, and training techs to work independent of the design teams
Intel,: 100 watt chips or bust! 🙌🙌🙌
@@manle2337 It's almost impossible, you're a competitor at the same time, so how are you going to get your rival to place orders with you? They need to split the company or no one will invest!
4:44 --- Mead&Conway: Introduction to VLSI systems (1980) was the Book!
Really appreciate your report on this.
love your content. very informative, keep it up:)
I loved this video... I'd definitely read a book shedding light on some of those topics mentioned at the end.
masterpiece. hope more is coming
You mentioned LAM, would love to see a video on them especially because I work on their Kiyo tools
Nice rundown of the event. Many thanks! 😊
Amazing video!!!
Morris Chang is not just 'a' 90 years teach entrepreneur he is 'the' very epitome of wisdom and perseverance.
Lol , i was just looking for it online ..... ( The online seminar cost was too high for me to attend ) ...... Thanks 👍
here is the whole interview.
th-cam.com/video/7KfmTH5sksw/w-d-xo.html
KMT was the ruling party of the ROC Taiwan gov when TSMC was built. The present Vice President William Lai belongs to the DPP. Why should he be embarrassed when Morris Chang talked about shares sold by past Taiwan gov?
Scam
I read the book Chip War and have watched many interviews with Chris Miller on TH-cam and love them all. One of the most significant changes in geopolitics is the refusal to allow high tech chips to go to China which ends the international competition right now as I see it. Nvidia, TSMC, and ASML all will not sell to China and that is earth changing.
Also there's a nice beach bungalow you might be interested in about 10 miles from downtown Phoenix, AZ. You are thinking of Chinese industry as if it is an American corporation that has no lobbyists. Just because they are hit hard, doesn't mean much, these companies are extensions of the PRC. They have an entire country's worth of resources to prevent their collapse and buoy them up until they can find alternative supply chains. This is just the start. And any hardware they need (ie NVIDIA AI/GPUs, etc...), well, no one banned them from renting the stuff. Its amazing that after seeing the happy fun times Jack Ma got put through that all of these CEOs that already have more money than the rest of their entire country's combined are just damned and determined to keep drawing closer to China. The greed trap is real.
People can get mad if they want but Mr. Chang is right. The work culture in the US can vary a lot, but for the most part when it comes to government or union jobs, people can be pretty lazy. In many occasions specially, in government we see a few people doing a lot of work, and a lot of people are doing almost no work I believe this is only going to get worse as Merit seems to be under attack in the US and people want promotion based on other factors that have nothing to do with the job.
I would happily wake up in middle of night and go fix the issues, if I would be paid premium for 24hour on call support.
Is that the reason it is standard in Taiwan, or are they just expected to do it without any bonus for their flexibility?
Every Taiwanese should be deeply indebted to Morris Chang, who is not a Taiwan native. DPP should learn this and many Taiwan IC professionals went to work for SMIC are native Taiwanese.
Cool little story about a crotchety old man. Wonderful peek into the world.
Thanks!
Love to hearar MC speaks. A lot of insights, wisdom and funny too. It's a shame that due to his health, he couldn't stay longer this time
now this is dedication to your work, well done on going to this event. Too bad Morris had to leave early, would love to hear more too.
Important but unrelated..... are they, though? Unrelated? Great video, once again! Newsletter and Patreon are underrated, thanks:)
Lai just stepped up as VP after the ruling party DPP lost the 9-in-one election a few months ago. His speech is both unimportant and unrelated indeed in this forum.
@@cestmoi4252 Is this part of your job?
@@Ragtags what job? speaks my mind?
I wonder if You could get a hold on him (Morris Chang). You pose great questions!
It would be great if you get to interview Morris for 2 hours podcast to ask all these interesting questions
M9rris chang already did a pretty long thinktsnk video.
what a cool dude
Maybe Chris Miller walked away with a connection, and he can plumb that for more great stories from the "Old Man".
A missed opportunity indeed. Sincerely hope you get another chance - you may have to make your own luck on that one.
I watched your YT videos, and think… when will you publish your book?
the reason to have different working culture is simple: The hegemony simply dont need to work. All the laborious work is done in asia, africa and south america. People in US can have almost free food and commodity, get paid with freely printed dollars. That is simply the most authentic definition of Hegemony
Thanks
Morris Chang said Chips make in America would cost 4x more... it's just not going to be price competitive, especially China is catching up fast. US's tech sector has a rough road ahead. China's rise is inevitable as much as US decline...
As Taiwanese the chip industry was heavily patent protected and as my dad who worked there always tell me, the Americans looked down on manufacturing but the capitalist didn't realize they needed the workers more than they thought they would. good summary & reference video!
such a brilliant old man. Yeah how did he manage all those egos?.. there is a 20 some mins youtube video of the conversation i wanted more.
Thanks, awesome short.
amen for this topic.
Thought the commentary about the US worker was interesting...would like to have known the timeframe though that he formulated his particular thesis while at TI (I mean, he worked there 20+ years after all). As someone who's worked in the IT field and had on-call responsibilities in a 24x7 environment....if someone calls you at 2 AM that something is down, you go do your best to fix it ASAP unless there are extenuating reasons why not (and I have experienced those a few times!). So yeah I don't get that generalization, unless it had to do with the fab location and the bottom-of-the-barrel staff they had.
Side thought also, I would imagine there is some additional strategic rethinking going on also given the CHIPS Act. Given what we just experienced with COVID, and that PRC is buddying up with Russia/Putin and rattling sabres all around the place otherwise, IMHO the US doesn't want to be caught with the pants down again especially if the sabre-rattling over Taiwan becomes a more distinct and clear threat (albeit, if that happens I would NOT be surprised by massive joint US/South Korean/Japanese/Australian reaction).
The world needs more people like yourself
Grumpy Old Men Asian Style.
Anyone has the full discussion?
The reason Morris Chang was "ballzy" in downplaying the contribution of the Taiwan government in front of Vice President Lai is the opposite of what you think. Many in Taiwan thought Morris was cowardly for sucking up to the Vice President, who is running for the presidency in the upcoming Taiwan presidential election. Morris was ungraciously taking away the credit from the former President of the opposition party, President Chiang Ching-Kuo, who had not only provided most of Morris' money, when Taiwan was very poor, but also, more importantly, recruited the other necessary talents, which was very scarce at that time, and who had built the transportation, electrical and water infrastructures needed for Morris' project. Morris had apparently succumbed to VP Lai's pressure to turn Chris Miller's book tour and history discussion into a campaign event for VP Lai, while heaping credit upon himself. Morris tried to be sly about it, but it came across loud and clear. He wanted more money from the U.S. government for his factories in Arizona. That is also not very gracious, since everyone knows his has plenty of money and not enough time to spend it.
Chang sound great. Not only is he 90 years old but he is a very rich 90 years old. Too bad he had to leave so soon. Very intelligent guy!
i will ask him to leave you some.
Great work
American companies have "difficulties" keeping their skilled workers because other companies offer them more money and they refuse to pay more. Thus they jump ship.
the gov investment was 500M NTD? 5B NTD or in the old taiwan dollar?
I'd be happy to go in at 1am to fix the photolithography machine, so long as the pay was commensurate. Rich dudes, complaining about the work-ethic of their employees, rarely frame it that way though.
I doubt even if you paid Google salaries people would do that.
"Old men say whatever they want." They do and it's nice when someone just speaks their mind. Just straight to the point, honest dialog with lots of wisdom.
As per usual, amazing commentary and coverage of an important industry. Nothing like it.
🙋 I will second that! Excellent firsthand report! 😎✌️
@@gus473 Me too!
I saw this picture and I remembered in 1969,I was in school and there was this girl her name was victruchknanvtryactriscutus,since you have jumped the name I won't tell you what really happened between me and her,life is sweet joor😋😁😁
thx
Is the whole forum available on TH-cam or online somewhere? If so, could you link in the video description area? Thanks.
Hess is the whole interview.
th-cam.com/video/7KfmTH5sksw/w-d-xo.html
Morris Chang saved Taiwan and created a giant company.
A REAL missed opportunity
LOL morris quote is funny. Sounds very much like old Taiwanese man lecturing younger generation :)
Funny how Morris wife cut thins short. sounds very similar to my own experience with paternal and maternal family.
Morris Chang is the man! What an event. Viva Taiwan! 🇹🇼
YOU DON'T READ or FOLLOW the semiconductor VITAL NEWS! Morris Chang and TSMC are UNDER TREMENDOUS PRESSURE of the US! He founded TSMC so what? Where's TSMC NOW? Nowhere! Biden reminded TSMC of the owners of most of the patents it runs under: THEY'RE fundamentally US. Period. YOu ought to know that pretty large TSMC PLANTS are currently under construction in the USA. That means US is relocating TSMC industrial power at home!
Chinese officials arguably said:"We don't need to invade Taiwan. Taiwanese industries will eventually beg us to save them from american selfishness, quoting TSMC board's plan to minor more and more Taiwanese part in high-end semiconductor production".
btw why hadn't the US invited Taiwan when it organized a crucial meeting with Korean and Japanese semiconductor corporates about the future of the industry? Morris is a collateral victim of US unequivocally selfish policies. Morris Chang is NOT THE MAN!
If they were 1099 workers they would wake in the middle of the night to fix the line
What would be better? Photonics semiconductors or superconducting semiconductors?
Morris has that #BDE.
It is true that when machines are hard down at night, the Equipment Engineer at Asia(Taiwan/Singapore) is called back to follow up on the issue. - Poor dude. No work/life balance.
The country is more important 😀
Downtime is far to expensive. But I don't get why there isn't a nightshift that can fix all the problems, sounds kind of wrong to me.
Also equipment breakdowns don't happen that often
The company paid great money to their engineers.
Taiwanese culture, same as Chinese culture, would love to make more money.
Regarding the Asian work culture & the technical education in Taiwan that Chang mentioned in the interview, as a person with a Taiwanese background, I would say it was true probably 30~40 years ago, but not anymore.
Thank you for this great video.
What Morris Chang said @7:13 about workers in the US Fabs mimics my experience working in a US semiconductor firm. It's confirmed by the yields, across the board for at least the product lines we were in charge of. Yields from Asia vs all US based fabs were 90%+ vs mid 60%. On top of that, the US fabs were one node behind their Asian counterparts, using machines that were already tuned by their Asian counterparts, utilising a process that was very well characterised at this point and were better paid. The US fabs weren't able to survive post GFC-2008
Feel like there is a certain PRICKLINESS here between Asianometry and his subjects in this video....
Can you cover Intel's pullout from the Philippines in 2008?
So Philips owned a big part of TSMC, ASML and NXP. In hindsight they should have sold everything but.
Started working in semiconductors in 1995 at Philips Semiconductors (today NXP) and moved to ASML in the early 2000s, best career move I have ever made.
On the American vs Asian Worker:
I think a big problem of corporate America is the mentioned turnover. American management seems to become obsessed with the fact that workers are redundant. It's crazy to hear again and again how it has become a normal part of life in America that bosses just fire employees.
While for work places with short learn times this can have acceptable financial results, this is probably unsustainable for highly skilled work like in semiconductor manufacturing
Any idea why he had to leave abruptly?
Most probably because of health issues. He is quite old. 😢
pretty sure he started saying things people didnt want to hear :)
Damn dude Chris isn't that old, harsh.
Chris Miller is quite categorical about China being behind in semiconductor manufacturing. You may have a different view?
Hey guys.
Here's the whole interview.
th-cam.com/video/7KfmTH5sksw/w-d-xo.html
That link is legit. Thank you!
Definitely a missed opportunity! Old guys are the best when it becomes clear to them that you are there to listen. But you do need to ask questions and not just sit and listen.
Only about Eurasia.
Uh, to be fair...most 90-year-old Grandfathers are grumpy, and they mutter as well. It's NOT just Asian Grandpas.
Also, Morris WASN’T lying regarding Asian workers work a lot harder than American workers.
Texas Semiconductor Manufacturing Company
they obviously don't pay the money to make the american to get up
Absolutely, nothing's wrong with paying a liveable wage!
Chris Miller is an assistant professor for "International History". He does not have a technical education or any clue about semiconductors in detail. And it shows.
The book is a summary writing of 20 Wikipedia pages about the history of Chips. Nothing in it is of any value. He talks about ARM and IBM. Everything is superficial Wikipedia-grade.
A handful of Asianometry videos teach more about semiconductors than this book does.
I don't understand why this is so hyped. I get spammed with several presentations about "Chip Wars" in my TH-cam recommendations
Thanks for providing the correct back ground info on this lightweight!
Absolutely agree Asianometry is way better than what Miller is putting up in his book.
😯🙏✌️
The fact that a Taiwanese technician will get up at 2 am to fix the equipment just shows that people in Asia are overworked and they are also not happy about it. It is not something to be proud of. Would he want to be getting up at 2 am for a business somebody else owns? Otherwise what stops us from working 12 hours/7 days? Surely the productivity and competitive advantage will increase! We must serve the economy, not the other way around, right?
Yeah shits cringe. It's funny too since as far as Western countries go US work culture is still very hard working and willing to work long hours in comparison to most. Most Euros consider Americans crazy lol.
@@JamesWattMusic Frontline technicians aren't cheap peasant labors. Those who stays are willing to exchange a much wealthier retire life with 20 years of hard work.
I call BS on Morris issue with American workers, it sounds more like his issue was work culture and not hiring dedicated people. I know people who stayed awake for 48 hours, trying to fix an issue (everyone else went to sleep and his boss was an asshole at the time). I have the feeling that he is looking at the past with rose tinted glasses.
Yes and no. Yes in that the reason he and basically all of the leaders of Taiwan's tech world left the US post college, post learning about business was because they knew they could pay the people back home a lot less and undermine anything that was in the US on labor costs. No in that, I mean, he went back because he knew he could exploit his own people and pay them less. Still does.
I do thing it is somewhat true, "NOT ALL" american is lazy worker.... but comparing it to asian, well you gotta hand it down to asian worker.... Also, American worker complaining and protesting in the street while being captured by media didnt help their reputation either.
they are lazy compared to asians...just accept it. its only that in america you got lots of benefits from the huge dollar financial power + the main stock exchange. this 2 alone its why theres a lot of successful companies there.
@@Mike_Oxhuge_
If so, why don’t US fabs win the war against tsmc ?
You can leave BS with yourself
You should move to Taiwan for a month then you can judge who is “right”here
What the US can't seem to do is to balance capitalism with other key aspects that are also important, be it defense strategy or quality of life or whatever. Individual American companies made decisions decades ago to offshore semi fab and that's been a huge mistake. That should never have been offshored. Look at the recent collapse of Silicon Valley Bank et al. Those banks lobbied to get rid of government oversight successfully. Now they've failed and the US government has to step in. My point is that profits are important but are just too singularly valued in the US. It's a lesson any one company or even any government can't seem to learn even with experience time and again.
please interview your father
Gina Ramondo is changing the rules for receiving subsidies from the 52Billion chips act. Before companies could not use those funds to build new seim-fabs in China but they could use their own funds to build fabs in China. The new rules mean no company accepting US subsidies can build new fabs in China even with their own funds. When you combine this with the 2X higher cost of building the fab in Ariz, and the higher cost of production in the US, the investment by TSMC in the Ariz plant may trun out to be a financial disaster. Samsung may feel the same way.
Have you read the book yet? What are your thoughts? You do really informative and insightful reports; this was a disappointment. You referred to Chang's age and disability more than once and said because he was what that is he could say anything he wanted to. No, you could and did make disrespectful comments about him. Look up what the bias of ageism is.
Why don't you get in touch with MC's people and get your questions answered? There's no finer semiconductor channel with a wider audience. You have some heft in the industry, try using it.
TH-camrs who watch a video about chip makers.... being called luddites? hmmmm
Ballsy or not, Morris Chang isn't just a grumpy Asian grandpa, he has earned the right to be blunt and direct and express his annoyance at what the American end game is supposed to be ... Thanks to his openness, we now understand on which side Taiwanese wisdom lies in this geopolitical madness. Jon should listen to his elders and pay more respect ....
Moving production back to the US is not about lowering cost, it is about a secure supply of these vital items.
To bad for Taiwan to have a 10 ton Gorilla hanging over them.
Joe public in Taiwan needs to be more concerned about their fate.
Don't make me laugh. Future engineers will still come from the East.
@@JamesWattMusic they won't. America 🇺🇸 can't make anything if it tried.
@James Watt so the same conditions as at home? Probably still better paid? Lol
lol grumpy😅
I was in the same room. Morris stole the whole show. I agree with Morris that the TW government is over credited in Miller’s book.
8:55 The way it came across to me sound like Morris would get fired if he asked a technician to fix the equipment in America because he was an immigrant boss there.
Please. Americans just won't put up with the same working conditions that many Asian workers seem to. Funny enough, the US work culture is still more accepting of hard work and long hours than essentially any of the Western world. Most Euros call Americans insane.
That's pretty doom and gloom. High end stuff can't be made in Taiwan cuz of US mistrust. And US cost is too high, meaning that TSMC is caught between rock and a hard place. And low end stuff you need to compete with China. Another bad sign, Morris is saying that Chris Miller is trusting too much in government intervention and not the economics of the labor force, and implying that the entire US policy is misguided. This is an understandable bias because no American will admit their labor force is inferior to the Chinese; however it's the Achilles heel in this chip war for US, one that Chris Miller is too young to acknowledge. If your production cost is more than double that of China, then how are you supposed to compete?
And do you think Morris might have a bias in this scenario as well? Lmao
@@chickenfishhybrid44 But his bias is shaped by decades of experience in the industry. Whereas Chris Miller bias is not from experience, but a general cultural perception. When reality hits, Morris is almost certainly going to be on the mark.
@@chickenfishhybrid44 If it doesn't work out for US then TSMC is doomed since it is banned from doing business in China. It's more like he sees the cliff ahead and is annoyed by the silly youngsters who can't see it.
More accurate. The American wife will complain when he doesn’t take the children to kindergarten at 8. And he will be divorced sooner than later 😂. don’t wanna go in details what is on the taiwan side meanwhile going on 😀
"Advanced age" bruh this dude is 91 and uses no help to walk, he even looks great for his age.