The much hyped launch of the Apple iPhone 15 was presumed to announce the latest technology in phones. This presupposed that it would have the world’s best microchips, which are currently assumed to come from TSMC (Taiwan Semiconductor Manufacturing Company).
But China’s Huawei, which is supposedly hampered by western sanctions on high-end chips has just produced a phone which seems as good or better than the Apple one.
It was commented that the Huawei phone has not had much attention in the Western mainstream media, but some reviews have said that it is actually better. Other writers have wondered (?hopefully) that the small, sold-out production run was because they did not have enough high-end chips to make more phones.
Stephen Bartholomeusz in the SMH also mentions China’s dominance in EVs(Electric Vehicles). European and American car companies are unsure how to respond since they have major EV factories in China, so any tariffs will hurt them. They have moved their jobs offshore and the United Auto Workers strike in the US has the problem that there is a transfer from internal combustion engined (ICE) vehicles to EVs, as well as their wages being higher than the Chinese factories that they are competing against. It is a global world, so there are huge economic forces equalising wages across the world and favouring capital over labour.
And we had also better get used to the idea that China is going to be a world power, and any delays in achieving this will merely annoy them. We need to accept their power, respect and trade with them and avoid any US dreams of fighting the inevitable.