Shalabh Kumar Discusses Chinas Unrestricted War On US Manufacturing, Particularly Semiconductor Chips, With Forbes and Kenneth Rapoza
Recently published as a feature for Forbes Magazine, Senior Editor Kenneth Rapoza wrote about Beijing’s intent on becoming the world leader in semiconductor chip manufacturing – all within a decade. As highlighted by Rapoza, “at the very least, China is looking to decouple from U.S. chip makers and rely on indigenous developers instead.”
Rapoza reached out to Shalabh “Shalli” Kumar to pick his brain on China’s scheme. Kumar is the Chairman of AVG Group, a US-based and US-made manufacturer of printed circuit boards and electronic components; Additionally, Kumar is one of the worlds most accomplished inventors and industrialists.
Kumar said, “it is extremely important to protect semiconductors from China. These are the brains of all electronic products today.”
Kumar experienced first-hand how China wiped out the printed circuit board industry in the U.S. during the 1980s. He was one of the few that kept his business stateside, not leaving for China as did hundreds of others, as the article points out.
Kumar elegantly expounded upon how China systematically targeted U.S. manufacturers by the Communist state’s subsidizing of production costs. He also explains how U.S. businesses “folded one by one.” As billions of manufacturing dollars moved to China, so did the equipment, acquired for less than pennies on the dollar.
In response to Intel CEO, Bob Swan, who has called for a national manufacturing strategy to combat the CCP, Kumar said, “I’m glad to hear Swan is talking about a national strategy for semiconductors, you have had unrestricted warfare waged on U.S. manufacturing aided by companies like Intel, and Fortune 500 companies. If they are realizing it now, and want a national strategy, I’m all for it. This industry has to survive. Pretty soon China will lead. They will be the ones making the next best microprocessor.”