Forgot to mention one major factor, government injection and a lot of help in bureaucracy.
And you think this is different from any other country?
Sorry, Taiwan isn't even a country, so the government kind of has to help, since Taiwan doesn't technically exist. As such, it's really damned hard to do business, especially when a huge dictatorship is trying to prevent the non-country from doing anything outside of its own borders.
If u can make the product on u own factory u get a better rating then anyone.
Samsung wants a word with you.
Every major tech company has been blaiming shortages yet every major tech company has been making record profits . Make more money while producing less , 2022 capitalism 101 !
No-one is really producing less though.
Due to the handbreak being pulled in early 2020, the JIT (Just in Time) system everyone relied on, broke to bits. When everyone realised that the pandemic wouldn't cause a decline in demand, but rather the opposite a few months later, all the suppliers, fabs, shipping companies and so forth, had already stopped their production or slowed down to a bare minimum and had to go from 10% to 110% over night. This was happening with restrictions in place and people getting sick, so it simply wasn't possible. Some companies had stock of key components, but most didn't, so they had to cut their production in term and ended up raising the prices to make up for it. As for graphics cards, the crypto crap took off again and we know what that lead to. People needed a bunch of stuff to be able to work from home on top of that, sometimes things that weren't even produced in particularly large quantities any more, due to low demand. None of what's going on is as simple as you and a lot of other people make it out to be.
