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wikiwtf | List of US arms sales to Taiwan, 1979 - 2022.06.08
subtotal: USD 89.393B

+ 19 July 2022: USD 0.108B

Following Pentagon approval, the sale moves to the U.S. Congress for approval. If it is passed, it will become the fifth arms sale under the Biden administration and the fourth sale approved this year. Taiwan Presidential Spokesperson Zhang Dunhan said Taiwan was grateful to the U.S. government for "continuing to show great importance to Taiwan's defense needs and fulfilling its security commitments to Taiwan."

While the United States does not have formal diplomatic relations with Taiwan, under the 1979 Taiwan Relations Act it is authorized to help the democracy defend itself. Much of the previous support has included arms sales and other technical assistance and training.

total: USD 89.501B
Some in Taiwan say the Biden administration is not doing enough because recent weapons sales have focused almost entirely on logistics and support as opposed to enhancing Taiwan's combat power. Following initial news of the $108 million sale in June, the U.S.-Taiwan Business Council said the new requirements were "undermining" Taiwan's defense capability by limiting the kind of items sold.

"There appears to now be little to no U.S. support for substantial Taiwan force modernization efforts," U.S.-Taiwan Business Council President Rupert Hammond-Chambers said in the statement.
[...]
In May, Taiwan's Ministry of National Defense also said it was abandoning plans to buy 12 MH-60R anti-submarine helicopters from the United States, citing expensive costs, although some Taiwanese analysts told local media they may have been ruled as outside of the scope of "asymmetric defense." Other weapons deliveries have been delayed by the war in Ukraine and production problems, including 250 Raytheon Technologies Stinger missiles purchased by Taiwan in 2019 and M109A6 "Paladin" self-propelled howitzers, according to Taiwanese state media.

MIT Tech Review | Corruption is sending shock waves through China's chipmaking industry, 5 Aug
by Cat on Tue Aug 9th, 2022 at 02:47:59 AM EST
A recipe for financial disaster ... let a party boss run a critical scientific chip industry without a master plan or blueprint. $20bn is a lot to waste ... starting in 2014, it should have begun to bear fruit by 2024. One needs the patents and be at the innovative phase of such a rapidly advancing industry. The Japanese did a better job in the seventies.

Chinese definition of corruption? Failure to meet CCP goals ... inaptitude in business and capitalism.

Philips Electronic industries in Eindhoven did much development of the chips industry. Lost out on large computers in Data Systems Apeldoorn, changed over to smaller computers in larger volumes and bought Signetics for its product range and know-how. Building chipmachines, Philips had the patents from major research centers across Europe and the spin-off was ASML. Bought a competitor in the US during the Bush years and PM Balkenende. Gratitude for joining the  action in the Iraq War.

Politicians Asking the Impossible Onshoring Chips

'Sapere aude'

by Oui (Oui) on Tue Aug 9th, 2022 at 07:40:56 AM EST
[ Parent ]
on garden variety Silicon Valley PE, now is it?
by Cat on Tue Aug 9th, 2022 at 02:32:22 PM EST
[ Parent ]

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