Lowyat.NET: Latest topics by Kopistall

Apparently rm250 fine x deter this pigeon feeder

Kopistall — Sat, 06 Apr 2024 11:25:19 +0800

Com rate my roast chicken

Kopistall — Sat, 06 Apr 2024 09:49:39 +0800

Rm5 char hor fun. Cheap & fun, ho chiak, ho liao

Kopistall — Sat, 23 Mar 2024 09:26:52 +0800

Char Hor Fun rm5 only, no prawn cos scared Fukushima. Pork & veggie only. No egg cos scared cancer.

Penang the surprise winner of US-China chip war

Kopistall — Thu, 14 Mar 2024 20:00:09 +0800

ECONOMY
Penang the surprise winner of US-China chip war - FT report
By Business Times
March 14, 2024 @ 10:35am
Malaysia is the surprise winner of the US-China chip war, with Penang being the largest benefactor, the Financial Times reports.
KUALA LUMPUR: Malaysia is the surprise winner of the US-China chip war, with Penang being the largest benefactor, the Financial Times reports.
The state attracted RM60.1 billion (US$12.8 billion) in foreign direct investment in 2023, more than the total it received from 2013 to 2020 combined.

Much of the investments are from Chinese companies.
InvestPenang's chief executive officer Datuk Loo Lee Lian said Penang started to see a flood of interest from mainland China groups like Fengshi after the US began imposing trade restrictions on Chinese technology under the Trump administration, and especially since they were tightened by current US President Joe Biden.

Many of these are companies with global suppliers or western customers hedging against further US restrictions, she says.
InvestPenang estimates there are now 55 mainland companies in Penang operating in manufacturing, mostly in semiconductors.
That compares to just 16 before the American crackdown began.
Malaysia has a 50-year history in the "back end" of the semiconductor manufacturing supply chain: packaging, assembling and testing chips.
It is now trying to move up the front end of a US$520 billion global industry with higher value activities such as wafer fabrication and integrated circuit design.
The broadening US curbs on Chinese technology, especially for chipmaking, are a key reason for neutral Malaysia's appeal, say industry groups.

America is jostling with China for global technology supremacy and has enlisted support from allies in Europe and Asia as it restricts sales of the most advanced chips and manufacturing equipment to its geopolitical rival.
Bank of America country executive Gautam Puntambekar said supply chain diversification from China remains a top focus for companies and this will only speed up ahead of elections in 2024.
He added that this makes Penang "one of the most interesting spots in Asia right now".
Malaysia is the world's sixth largest semiconductor exporter and holds 13 per cent of the global semiconductor packaging, assembly and testing market.
It is the origin for 20 per cent of US semiconductor imports annually, more than Taiwan, Japan or South Korea.
Among others, Intel, the world's largest chipmaker by revenue, is spending US$7 billion on new facilities in Malaysia, including a "3D" advanced packaging site due to be finished later this year. It is also building another chip assembly and testing factory in Kulim, which borders Penang.
The investment rush in Penang has led to prices of industrial land to go up from about RM50 per square foot in 2022 to as much as RM85 per square foot, Knight Frank Penang executive director Mark Saw said.

2024 © New Straits Times. New Straits Times Press (M) Bhd (Co. No. 196101000449 / 4485 H). All Rights Reserved.
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Trade war about to turn into Car War

Kopistall — Sat, 09 Mar 2024 15:28:25 +0800

CAR WARS By Graham T Allison
WHO HAS THE most competitive automobile market in the world?
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Who has the most competitive market for EVs in the world?
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The answer is China and China.
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China sold 30 million autos domestically last year.
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In contrast, the US sold only half as many—15.5 million.
China also overtook Japan to become the world’s largest auto exporter.
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What’s the price of the cheapest EV in China?
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After Chinese champion EV company BYD (long backed by Warren Buffet) lowered its prices this week, one can now buy the company’s lowest-priced model, the Seagull, in Beijing or Shanghai for less than US$10,000.
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BYD Seagull is US$9,700
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But this wouldn’t even be China’s cheapest popular model. The Wuling Hongguang Mini EV, a joint venture between GM and Chinese automakers, goes for only US$5,000 and still seats four. .
It outsells the Tesla 3 (US$36,000) in China.
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What is the cheapest EV US consumers can buy today?
US$27,000.
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Anyone attempting to think seriously about cars—or the larger issues of trade in manufacturing—must think seriously about Elon Musk’s warning in his January earnings call.
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As Elon put it bluntly: Chinese EV companies “will pretty much demolish most other companies in the world” unless trade barriers are erected.
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Therefore, what?
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Given the role of automobile companies in Europe, especially in Germany, and of UAW automakers in the US, expect “car wars” ahead.
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[Graham T Allison of Harvard Kennedy School wrote this article for social media distribution on Saturday, March 9, 2024.]

Cheng Hoo pokai liao. Yesterday bank can exchange

Kopistall — Wed, 31 Jan 2024 11:53:03 +0800

But today only rm100 & rm10 got new notes. For those not yet exchange new notes better faster go. First come first serve. Limited stocks. Also got limit how many amount can exchange.