Quotes About Manufacturing

Integrated circuits made up 15 percent of South Korea's exports in 2017; 17 percent of Singapore's; 19 percent of Malaysia's; 21 percent of the Philippines'; and 36 percent of Taiwan's. Made

the text etched onto the back of each iPhone—"Designed by Apple in California. Assembled in China"—is highly misleading. The iPhone's most irreplaceable components are indeed designed in California and assembled in China. But they can only be made in Taiwan.

The world's chip industry, as well as the assembly of all the electronic goods chips enable, depends more on the Taiwan Strait and the South China coast than on any other chunk of the world's territory except Silicon Valley.

staggering. China's import of chips—$260 billion in 2017, the year of Xi's Davos debut—was far larger than Saudi Arabia's export of oil or Germany's export of cars. China spends more money buying chips each year than the entire global trade in aircraft. No product is more central to international trade than semiconductors.

China had driven U.S. solar panel manufacturing out of business. Couldn't it do the same in semiconductors? "This

globalization" of chip fabrication hadn't occurred; "Taiwanization

China now spends more money each year importing chips than it spends

Most of the world's GDP is produced with devices that rely on semiconductors. For a product that didn't exist seventy-five years ago, this is an extraordinary

TSMC builds almost all the world's most advanced processor chips.

The design is carved into silicon using some of the world's most precise machinery

Integrated circuits made up 15 percent of South Korea's exports in 2017; 17 percent of Singapore's; 19 percent of Malaysia's; 21 percent of the Philippines'; and 36 percent of Taiwan's. Made in China 2025 called all this into question. At stake was the world's most dense network of supply chains and trade flows, the electronics industries that had undergirded Asia's economic growth and political stability over the past half century.

the world produced more chips in 2021 than ever before—over 1.1 trillion semiconductor devices, according to research firm IC Insights. This was a 13 percent increase compared to 2020. The semiconductor shortage is mostly a story of demand growth rather than supply issues.

TSMC had only a single value proposition—effective manufacturing—its leadership focused relentlessly on fabricating ever-more-advanced semiconductors

Newspaper Guangming Ribao set the tone, calling on readers in 1985 to abandon "the formula of 'the first machine imported, the second machine imported, and the third machine imported' " and replace it with " 'the first machine imported, the second made in China, and the third machine exported.

he thought of assembling multiple components on the same piece of semiconductor

Unlike oil, though, the supply of chips is monopolized by China's geopolitical rivals.

Are we solving a problem, or manufacturing a problem to fit our solution?

Table: Your basic item-creation station

When ranked by the size of their labor force, in 1960 11 out of America's 15 largest companies (led by GM, Ford, GE, and United States Steel) were producers of goods employing more than 2.1 million workers; by 2010 just two makers of goods, HP and GE, employing about 600,000 people, were among the top 15, and the group is now dominated by retailers and service-providing firms (Walmart, UPS, McDonald's, Yum, Target).

Claims about the dematerialization of modern economies and about a postindustrial world in which manufacturing does not matter are costly misinterpretations of fundamental realities.

I wrote this book because I wanted to narrate the great, and a truly nation-building, story of US manufacturing—and because I believe that without the preservation and reinvigoration of manufacturing, the United States has little chance to extricate itself from its current economic problems, meet the challenges posed by other large and globally more competitive nations, and remain a dynamic and innovative society for generations to come.

The fourth category of invention consists of new methods of production, operation, and management, ranging from marginal but economically rewarding improvements to fundamentally new and highly automated ways of mass-scale manufacturing, information gathering, and data processing.

steel, ammonia, cement, and plastics.

four pillars of modern civilization: ammonia, steel, concrete, and plastics.