Boeing's second-quarter results showed a loss, while it was profitable in the same period last year. In response, Boeing's CEO publicly declared that he was "very much looking forward to receiving orders from China." This is another U.S. technology industry that hopes to obtain orders from the Chinese market after the U.S. chip industry. income, which is in stark contrast to the US approach.
Previously, the U.S. chip industry has suffered losses due to China's reduction in chip purchases, causing many new companies in the United States to suffer losses. Intel and Micron suffered huge losses of more than 2 billion US dollars, and AMD and Western Digital suffered losses for the first time. Western Digital quickly announced that it would sell itself to Japan after suffering losses. Kaixia.
Two years ago, Western Digital planned to spend US$20 billion to acquire Japan's Kioxia. Two years later, its status has been reversed. This particularly shocked the U.S. technology industry. After all, it had always been American companies acquiring Japanese companies, but now it's the other way around. As a result, it caused a huge shock to the US chip industry.
In order to prompt the United States to make changes, the CEOs of the three U.S. chip giants Intel, Qualcomm, and NVIDIA earlier met with Biden in Washington, hoping to relax restrictions on chip exports to China. NVIDIA founder and CEO Huang Renxun said that it will be difficult for the world to find an alternative to the Chinese market. Another big market, Intel's CEO Kissinger thinks that if you don't sell chips to China, who else can you sell American chips to?
Now Boeing is also experiencing losses. Boeing also believes that the Chinese market is irreplaceable. After all, China is the world's largest airbus market. If China does not purchase, Boeing will lose a huge customer, and China is purchasing Airbus passenger aircraft on a large scale. , This has further enhanced the strength of Airbus, Boeing is worried that if things go on like this, Boeing's competitiveness will be further weakened.
Due to the practices of the United States in recent years, China has continued to reduce the purchase of high-tech products from the United States. In the first seven months of this year, China reduced the number of purchased chips by nearly 60 billion, and the amount of chip purchases decreased by 255 billion yuan. This directly led to the decline of U.S. chips. The performance plummeted, and the market value lost as much as 2 trillion US dollars.
While reducing chip imports, China has also reduced its purchase of passenger aircraft from the United States and increased its purchase of passenger aircraft from Airbus. China has purchased 292 passenger aircraft from Airbus, worth nearly US$30 billion. The huge order makes Boeing jealous. In particular, the refusal of China, a super-large customer, to purchase has made emerging economies even more hesitant about Boeing. After all, Boeing has suffered a series of accidents before, which has dealt a huge blow to Boeing.
Facts have proved that China, a super market, is irreplaceable and that cooperation between China and the United States can lead to a win-win situation. Previously, the United States controlled the upstream of manufacturing, while China did a good job in the middle and downstream of manufacturing. China only made meager profits, while American companies It has made huge profits, but China has also stimulated the manufacturing industry because of this, and each has a profit. This should be beneficial to both parties.
The United States suddenly took measures against China's technology industry two or three years ago in an attempt to prevent China from developing high-tech industries such as chips, instead of considering how to improve the competitiveness of its own high-tech industry. However, a Chinese mobile phone company recently released a 5G+ satellite mobile phone It seems that China's chip industry has solved the key problems of chip manufacturing. ASML, the largest lithography machine company, also quickly changed its attitude and stated that it can export advanced lithography machines to China. It is obvious that ASML has realized that if it continues to stop exports, it will only completely lose money. Chinese market.
Many insightful people in the United States have expressed their views on this. Bill Gates, the rich man, said that the United States' actions will not prevent China from developing advanced chips. On the contrary, it will only cause the U.S. chip industry to suffer huge losses. Now Boeing's experience shows that not only the U.S. chip industry Huge losses have been suffered, and more technology industries in the United States are also suffering losses. The impact is further expanding. The United States is shooting itself in the foot.