Re:Intel exits memory business, sale to Hynix for $9B
by baybal2 on Wednesday October 21, 2020 @02:48AM
(#24845346)
USA's manufacturing statistics is weird. There are a lot of "manufacturing" companies with billions in revenue without a single factory in USA.
First, it is funny accounting, second, it is LOWER productivity of most companies, not higher, which is counter-weighted in statistics by few supergiant companies like Boeing, third, it is slow shift to lower value goods, and processes in smaller companies, and sky higher ones in big ones.
https://en.wikipedia.org/wiki/List_of_countries_by_trade-to-...
Also, surprisingly, more people in the US work in manufacturing today than in 1939. And obviously the $ value of that manufacturing is much higher due to increased productivity.
https://thelevelfield.com/dashboard/us-manufacturing-employm...
Any conflict would be terrible and should be avoided, but its not like the US became very vulnerable recently.