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Walton and ACI set to enter semiconductor manufacturing business

Again, missed the point of my post entirely. In the 80s, Bangladesh had very few people who even had 5th grade education. So imagine the technological hurdle regarding workforce training we had to face when we had to make the transition from a agro economy to a manufacturing one. No single company could afford to invest hundreds of thousands much less million and billion.

After the garment manufacturing boomed in Bangladesh, there have been several universities dedicated to textiles. Who in turn produced textile engineers and who subsequently helped propel the RMG industry to grow and diversify.

When it comes to skilled labor for semiconductor, Bangladesh does have some workforce with electrical and CS engineering degree. It may not be enough initially, but overtime it will grow.

I will quote directly from what TSMC founder Morris Chang stated about Taiwan's journey to the top-

Taiwan, Chang said, has a large population that was integral to TSMC's manufacturing success. While the US and other countries saw professionals moving away from manufacturing, Taiwan was ripe with talent and made it an ideal location for a "pure play" chip foundry that only produced components for other companies, he proclaimed.

The US has a ready supply of design talent, "it's the best in the world," Chang said. "Taiwan has very little design talent, and TSMC has absolutely none." But to develop and grow a successful chip manufacturing industry, the US will need to address its own serious fabrication talent shortages, he opined.
US experts seem on the same page as Chang. One think tank said that it thinks there will be several thousand positions left unfilled in any new factories due to a lack of suitably skilled semiconductor manufacturing workers in the nation. Chang added that TSMC tried multiple arrangements of American and foreign employees to staff its Oregon plant, but without much reduction in costs.


So as you have been putting it, Taiwan didn't have everything set up for them right from the get go. They utilized what they had- people. A lot of people. Do you think US doesn't have sufficient number of engineers? No. The reason it is extremely expensive to produce in US is because no university graduate engineer will work for low wages. But that is not the case in developing countries like Bangladesh. Engineering graduates are already working with lower wages in Bangladesh's growing electronics manufacturing sector.

As for the reason Bangladesh has to import cotton is because our climate is not suitable for cotton production. It is a natural limitation. Hence now companies are buying up land in Africa for harvesting cotton and complete backward integration. Again, you are not making sense with your arguments here.

I can start working in a textile factory in less than a month. I know how to stitch. There are no barriers to entry in the textile industry

Taiwanese went into semiconductor fabrication at a point where business models in USA went towards fabless foundries. In the absence of any change in business models there is little opportunity for other players unless you indulge in state sponsored mercantilism like China.

Taiwanese had PhDs studying in American universities way before they had a semiconductor industry. At one point Intel stood for Indian Taiwanese et al

For those think there are any educated Bangladeshis look at the following figures
fig1c.png


These are profiles of TSMC executives
Dr. Mark Liu received B.S. degree in electrical engineering from National Taiwan University. He received M.S. and Ph.D. degrees in electrical engineering and computer science from University of California, Berkeley.

Dr. Lo received his B.S. degree in physics from National Taiwan University and his M.S. and Ph.D. degrees in Solid State Physics and Surface Chemistry from University of California, Berkeley.

Dr. Wu received his B.S. degree in Electrical Engineering from National Cheng Kung University and both his M.S. degree and Ph.D. in Electrical Engineering from University of Wisconsin-Madison. He also received an EMBA degree in the Institute of Technology Management from National Tsing Hua University.

Dr. Yoo graduated with a degree in Chemical Engineering from the National Taipei Institute of Technology (Now the National Taipei University of Technology), and was certified as a professional chemical engineer in the same year. Dr. Yoo then received an M.S. degree and Ph.D. in Chemical Engineering from the Worcester Polytechnic Institute, U.S.A.



In any case USA is not supplying semiconductor manufacturing equipment to Bangladesh unless you hit the dotted lines with respect to China

Why should we be concerned about whethet 10 Bangladeshi companies are able to invest billions or not? I don't get your logic here.

If you had read the article in the OP, it already talks about two BD conglomerates ACI and Walton expressing interest in this sector. Whether they will go at it alone or JV with a foreign producer it's up to them.

They have $17 million in net income. One mistake in semiconductor fab business they are looking at bankruptcy
 
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I can start working in a textile factory in less than a month. I know how to stitch. There are no barriers to entry in the textile industry

Taiwanese went into semiconductor fabrication at a point where business models in USA went towards fabless foundries. In the absence of any change in business models there is little opportunity for other players unless you indulge in state sponsored mercantilism like China.

Taiwanese had PhDs studying in American universities way before they had a semiconductor industry. At one point Intel stood for Indian Taiwanese et al

For those think there are any educated Bangladeshis look at the following figures
fig1c.png


These are profiles of TSMC executives
Dr. Mark Liu received B.S. degree in electrical engineering from National Taiwan University. He received M.S. and Ph.D. degrees in electrical engineering and computer science from University of California, Berkeley.

Dr. Lo received his B.S. degree in physics from National Taiwan University and his M.S. and Ph.D. degrees in Solid State Physics and Surface Chemistry from University of California, Berkeley.

Dr. Wu received his B.S. degree in Electrical Engineering from National Cheng Kung University and both his M.S. degree and Ph.D. in Electrical Engineering from University of Wisconsin-Madison. He also received an EMBA degree in the Institute of Technology Management from National Tsing Hua University.

Dr. Yoo graduated with a degree in Chemical Engineering from the National Taipei Institute of Technology (Now the National Taipei University of Technology), and was certified as a professional chemical engineer in the same year. Dr. Yoo then received an M.S. degree and Ph.D. in Chemical Engineering from the Worcester Polytechnic Institute, U.S.A.



In any case USA is not supplying semiconductor manufacturing equipment to Bangladesh unless you hit the dotted lines with respect to China



They have $17 million in net income. One mistake in semiconductor fab business they are looking at bankruptcy

One, yes absolutely there is barrier to entry even in less complicated industry like garments. Majority of the workers grew up in villages, lack education and never had interaction with technology. You are just being naive by comparing yourself with a worker from village in the 1980s.

Two, I never claimed there are PhDs in abundance in Bangladesh.

Three, again you are missing the point.

You don't need a PhD holder to be an operational staff. Do a quick search in LinkedIn on TSMC employees globally, you will see mostly individuals with Bachelors and Masters in Electronics and Computer science.

You do realize the difference between executive leaders and staff right? That expertise can be hired from abroad initially. Bangladeshi companies have been doing that in other sectors already. Often they will hire highly skilled expats to establish and lead their wing, until a local talent becomes available. This model is used almost universally across the developing nations. This is not unique to Bangladesh.

Finally, net income isn't the only indicator of whether a company may be able to fund the investment. You need to also look at the cash reserve, the degree of leverage among other factors. Plus, we don't even know at this point whether these companies will go solo or in a JV.

And also, conveniently you have not quoted the NI figure of Walton, which is in excess of 300 million USD. Don't think that went unnoticed here.

If the companies in Bangladesh think they can get into this industry based on their assessment, they should go for it, instead of circling around the negative cesspit.

Anyway, this is my last response to you. Let's agree to disagree on the discussion.
 
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As for the reason Bangladesh has to import cotton is because our climate is not suitable for cotton production. It is a natural limitation. Hence now companies are buying up land in Africa for harvesting cotton and complete backward integration. Again, you are not making sense with your arguments here.

I will give you A+ for ideas. this will never happen


I doubt a single African country has signed a deal yet
 
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I will give you A+ for ideas. this will never happen


I doubt a single African country has signed a deal yet

Not related to cotton, but in the past similar initiative was taken with African countries for food production.

There is a benefit to Bangladesh participating in the UN missions in Africa.


 
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I will give you A+ for ideas. this will never happen


I doubt a single African country has signed a deal yet



Can you just give it up?

One of the companies(Walton) is by far the most successful consumer electronics brand to come out of S Asia by some distance.

They sell electronic goods in markets all over the world from USA, Europe and ME. Their exports to these markets are growing by many hundreds of per cent a year as they have achieved critical mass now in price:performance ratio. They are one step down the ladder from Samsung, LG and Sony now.

If they think this is a sector that they can get into and succeed then you are not someone to tell them otherwise.

They may not succeed but they will try. Spend your time on something a little more productive than being an armchair naysayer.
 
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China is not going to supply you with the technology anymore the US/West will
china has no technology to export.
All its equipment is from Scandinavian, Taiwanese European and American sources.
Only low level mfg equipment is manufactured in China.
 
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Can you just give it up?

One of the companies(Walton) is by far the most successful consumer electronics brand to come out of S Asia by some distance.

They sell electronic goods in markets all over the world from USA, Europe and ME. Their exports to these markets are growing by many hundreds of per cent a year as they have achieved critical mass now in price:performance ratio. They are one step down the ladder from Samsung, LG and Sony now.

If they think this is a sector that they can get into and succeed then you are not someone to tell them otherwise.

They may not succeed but they will try. Spend your time on something a little more productive than being an armchair naysayer.
Lol. They exported $11 million worth of electronics to the world. All they good at is cutting a huge cake for every 100 tvs they send to European badlands. Lungis can fall for their stupidity not others.

One step below Samsung? I mean did something fell on your head when you were young? No one could be this delusional.
 
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I will give you A+ for ideas. this will never happen


I doubt a single African country has signed a deal yet

Doubting Thomases like you are legion in India, that's why it is in the situation it is today.

All you know is how to exploit poor people in India on the basis of varna, class system or any other hare-brained scheme you can come up with.

china has no technology to export.
All its equipment is from Scandinavian, Taiwanese European and American sources.
Only low level mfg equipment is manufactured in China.

Facepalm......

@beijingwalker @TOTUU brothers look at this guy. :lol:

Terminally Ignorant and reveling in it - like a monkey flinging excrement everywhere. :lol:
 
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Doubting Thomases like you are legion in India, that's why it is in the situation it is today.

All you know is how to exploit poor people in India on the basis of varna, class system or any other hare-brained scheme you can come up with.

WIll Bangladeshis sell farmland to foreigners ?
Why would foreigners allow the same ?
 
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WIll Bangladeshis sell farmland to foreigners ?
Why would foreigners allow the same ?

I think the deal is about assembling facility and I think Walton has the ability for that, particularly with the help of that European company and to use that European company value chain
 
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WIll Bangladeshis sell farmland to foreigners ?
Why would foreigners allow the same ?

It's not selling my friend. It's leasing. Bangladeshis are probably one of the most expert and skilled farmers on the planet in small scale farms. And the way they're mechanizing, they will take the prize in mid-sized farming as well. This is why farming using leased land will work well in Africa. In fact - Bangladeshis are already doing it minus corporate involvement on their own, in private investment basis.

The produce is air-freighted and exported to EU, which is a lot closer to Africa than it is to Bangladesh.

Try to broaden your mind. There are things happening in this world which are beyond your knowledge and comprehension.

I think the deal is about assembling facility and I think Walton has the ability for that, particularly with the help of that European company and to use that European company value chain

They already bought some Italian brand names - well established names in existence for about a hundred or so years. That Italian brandname can be used to market products globally.
 
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china has no technology to export.
All its equipment is from Scandinavian, Taiwanese European and American sources.
Only low level mfg equipment is manufactured in China.



You are a jealous Indian.

China has a credible plan to make themselves totally sufficient in the whole semiconductor manufacturing chain by 2030.

They already have DUV machines that can etch 28nm wafers and they are on track to get down to 20nm by 2023. In essence they are progressing faster than the West.

There is no magic in semiconductors but raw money and brainpower that China has in abundance.

A lot of the top engineers at China's SMIC used to work in TSMC. In essence what TMSC knows then China also knows.
 
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You are a jealous Indian.

China has a credible plan to make themselves totally sufficient in the whole semiconductor manufacturing chain by 2030.

They already have DUV machines that can etch 28nm wafers and they are on track to get down to 20nm by 2023. In essence they are progressing faster than the West.

There is no magic in semiconductors but raw money and brainpower that China has in abundance.

A lot of the top engineers at China's SMIC used to work in TSMC. In essence what TMSC knows then China also knows.
your post is too stupid to answer seriously.
 
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your post is too stupid to answer seriously.



As you have no answer since lacking in knowledge and burning in envy and jealousy at how your country is a failed mess compared to China.

BD has just passed your entity in nominal GDP per capita despite the fact you have had 24 EXTRA years of independence - independence in 1947 compared to 1971 for BD.

Anyway who are you as I have never seen you before?

Ignored.
 
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It's not selling my friend. It's leasing. Bangladeshis are probably one of the most expert and skilled farmers on the planet in small scale farms. And the way they're mechanizing, they will take the prize in mid-sized farming as well. This is why farming using leased land will work well in Africa. In fact - Bangladeshis are already doing it minus corporate involvement on their own, in private investment basis.

selling or leasing ... it simply does not work on a large scale.
Sorry there is no framework for organized lease farming. it is too much a political thing.


Shamim Ahmed Chowdhury Noman, former secretary-general of the Bangladesh Association of International Recruiting Agencies (Baira), said, "Accessing the labour market in Africa is a lengthy process. First, we need a government-to-government level agreement; then our investors have to manage the land. After completing all the processes, we, the recruiting agencies, will manage the farmers."

We know how efficient and uncorrupt governments are

you have middlemen and investors

You have to ask why such schemes are not selling in Myanmar, Indonesia, Malaysia which have lots of equally arable land

If private Bangladeshis are doing it they are not sending agricultural produce back to Bangladesh. They are no different from expatriates all over the world
 
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