I don’t think you understood. The quality of the tooling doesn’t mean the tooling was built there. It’s also not true that China is the exclusive place where such quality or tooling or critical mass of infrastructure exists. You see similar things in Taiwan, Korea, Japan, and - in the United States. But the customer of the US manufacturing isn’t you personally, a crucial fact when talking about Apple and where they manufacture things for - you personally. The customer is advanced manufacturers - who export tooling and infrastructure to China.
That doesn’t mean China is unable to do this themselves, but it’s just not their focus. I’m sure the decoupling we are doing and export controls will change that faster than would otherwise happen.
The specific market though the US is unable to easily rebuild and bootstrap is end to end semiconductor manufacturing. Our supply chain is almost entirely tied to East Asian manufacturing which is a geopolitical and economic problem for us. Part of decoupling is trying to break that by creating a bipolar manufacturing structure for semiconductors, and increasingly battery and solar.
That doesn’t mean China is unable to do this themselves, but it’s just not their focus. I’m sure the decoupling we are doing and export controls will change that faster than would otherwise happen.
The specific market though the US is unable to easily rebuild and bootstrap is end to end semiconductor manufacturing. Our supply chain is almost entirely tied to East Asian manufacturing which is a geopolitical and economic problem for us. Part of decoupling is trying to break that by creating a bipolar manufacturing structure for semiconductors, and increasingly battery and solar.