Re:TSMC halts new Huawei orders after US tightens restrictions
by belltaco on Monday May 18, 2020 @10:08AM
(#23222482)
> Car manufacturers and their thousands of suppliers for example.
How come people are not aware of this? Did Tesla have to give up controlling ownership to set up a plant in China?
https://europe.autonews.com/article/20180417/COPY/304179943/...
Wikipedia says regarding Volkswagen in China:
> In 1984, Volkswagen signed a 25-year contract to make passenger cars in Shanghai. Since, at that time, vehicle manufacturers could not own a majority stake in a manufacturing plant, Volkswagen's venture took the limit of 50 per cent foreign ownership.
I'm glad that someone else answered my comment sincerely instead of making a snarky comment that turns out to be wrong.