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A comment on TSMC eyes Germany as possible location for first Europe chip plant. Parent comment

Re:TSMC eyes Germany as possible location for first Europe c... by wasmitnetzen on Monday July 26, 2021 @06:17PM (#27966178)
Not in IT, but Germany has quite a few market leaders in "old tech": Cars, logistics (DHL, Schenker), retail (Aldi, Lidl), and a whole lot of B2B niche products.

IT isn't a fair comparison, no country in the world can compete with FAANG right now, that's hardly Germany's fault. And still, there's SAP and Deutsche Telekom. Telekom has 50% of Google's revenue. Sure, the market cap is another story, but still.

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Re:TSMC eyes Germany as possible location for first Europe c... by bpodgursky on Monday July 26, 2021 @06:28PM (#27966255)
China is 100% competing with FAANG. India has a lot of close-second competition.

Most of the companies you listed were founded before 1950. That's not at odds with my thesis -- these engineers can continue to drive an already-successful business but will not be able to start something genuinely new.

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