I see another propaganda miscreants pushing the misinformation of “Yahoo boys and Electronics CHIPS statement of Tinubu”
Now open your ears 🧏🏾♂️, clean your eyes and listen attentively.
Chipmakers are the biggest industrial sector in South Korea's trade-reliant economy.
China is the currently the world's largest semiconductor market in terms of consumption. In 2020, China represented 53.7% of worldwide CHIP sales, or $239.45 billion out of $446.1 billion. However, a large percentage are imported from multinational suppliers.🤔
By 2030.. The semiconductor industry will double in size to more than $1trn by 2030, and China will account for approximately 60% of that growth, according to the Semiconductor Industry Association and Boston Consulting Group.
investmentmonitor.ai/features/china…
Over the years the Asian Tigers have dominated the chips semiconductor industry.
A geographic monopoly of the design and manufacture, specifically in Taiwan 🇹🇼 and South Korea 🇰🇷 , India 🇮🇳 and China 🇨🇳
Even with that, there’s still A global supply chain shortage of chips.
With trade war going between China, Russia, Iran vs USA/western countries.
The demand for semiconductor chips has skyrocketed and a lot of major players are hoarding their chips to prevent one another from dominating.
hindustantimes.com/technology/wer…
“Washington has justified this by claiming that restricting chips to China protected national security😐 and foreign policy interests.
It also allows the US to maintain its dominance😬 in this field of technology.”
abc.net.au/news/2022-09-2…
Chips is like a brain 🧠 inputted in all electronic device in this world.
It’s an essential component of electronic devices, enabling advances in communications, computing, healthcare, military systems, transportation, clean energy, and countless other applications.
There would be no smartphones, radios, TVs, computers, video games, or advanced medical diagnostic equipment.
So it’s drop all your ignorance and listen to a #Tinubu that intends to better your future.
Make legal money and stop doing fraud ❌
reboundeu.com/insights/blog/…
Now let’s talk about components and raw materials of Semiconductor Chips 🥳
It’s Takes us back to my line of work.. MINING ⛏
The most used semiconductor materials are silicon, germanium, and gallium arsenide.
According to mining survey, we have them in Nigeria 🇳🇬
It’s like our Oil and gas industry, where we export or raw materials (crude oil) then import PMS fuel ⛽️ for consumption. 🥲😂
So we export or chips Raw materials then import the finished goods 😭😢
Me: In todays world who controls the chip industry, controls automation and technology.
@elonmusk ole wants to monopolize our lithium minerals for his own benefits.
Back to the video clip of Tinubu
President Biden has signed the #CHIPSAct into law.. Follow the hashtag and enlighten yourself more about the importance or owning multiple manufacturing Chips companies in Nigeria.
Sai Tinubu
Say Jagaba
Awa lo kan 👌🏾 twitter.com/i/web/status/1…
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