TR Economy & Updates

[Lool]

China is not the old China anymore. China can produce low-quality products for extremely low prices, mid-quality products for low prices, and quality products for affordable prices. It is really hard to compete against Chinese industrial production capacity. On top of this China is progressing in high-tech critical subsystems. Just a few days ago China unveiled the Huawei Mate 60 with a national 7nm chip produced by SMIC. This paves the way to %100 made-in-China phones.

Chinese-made 7nm chips in Huawei phone raise questions over US export ban

The discovery of 7nm, 5G-enabled chips in Huawei’s latest phone has sparked an investigation by the US Commerce Department into how the country was able to acquire the technology.

www.computerworld.com

Sadly, I agree

In order to defeat China or stop being dependent on China, you need to become like China itself
Something which the Indians, Koreans, and even the Japanese failed at

 

[dBSPL]

The housing crisis is rapidly evolving into a global crisis

 

[B_A]

China is not the old China anymore. China can produce low-quality products for extremely low prices, mid-quality products for low prices, and quality products for affordable prices. It is really hard to compete against Chinese industrial production capacity. On top of this China is progressing in high-tech critical subsystems. Just a few days ago China unveiled the Huawei Mate 60 with a national 7nm chip produced by SMIC. This paves the way to %100 made-in-China phones.

Chinese-made 7nm chips in Huawei phone raise questions over US export ban

The discovery of 7nm, 5G-enabled chips in Huawei’s latest phone has sparked an investigation by the US Commerce Department into how the country was able to acquire the technology.

www.computerworld.com

This company found by Taiwanese staff and ceo years ago

and Taiwanese had 2 nm tech.

梁孟松 - 维基百科，自由的百科全书

zh.m.wikipedia.org

Liang Mengsong brought a team of engineers from Samsung including Taiwan and South Korea to join SMIC [31] [32] [33] . He also recruited Zhou Meisheng, his former subordinate at TSMC, for SMIC [34] ; Zhou’s advanced technology research and development in the industry, It has qualifications for cooperation, transfer and other projects [35] , specializes in related technologies and holds more than 130 international patents. [35] On the recommendation of Liang Mengsong, Zhou Meisheng was appointed as the chief technology officer [34] , and Liang Mengsong recruited more than 200 core members for SMIC, most of whom came from Hsinchu Science Park in Taiwan [24] . Due to the non-compete clause, the team led by Liang Mengsong could not immediately invest in the research and development of SMIC's new generation products, so they participated in the improvement of previous generation products to improve the yield rate of the 28nm process [24] [4] [ 8 ]


Taiwanese is Chinese I wonder that why everyone think they were two race .

 

[B_A]

Sadly, I agree

In order to defeat China or stop being dependent on China, you need to become like China itself
Something which the Indians, Koreans, and even the Japanese failed at

Korean is the only one can match Chinese/Taiwanese in chip industry

 

[TheInsider]

This company found by Taiwanese staff and ceo years ago

and Taiwanese had 2 nm tech.

梁孟松 - 维基百科，自由的百科全书

zh.m.wikipedia.org

Liang Mengsong brought a team of engineers from Samsung including Taiwan and South Korea to join SMIC [31] [32] [33] . He also recruited Zhou Meisheng, his former subordinate at TSMC, for SMIC [34] ; Zhou’s advanced technology research and development in the industry, It has qualifications for cooperation, transfer and other projects [35] , specializes in related technologies and holds more than 130 international patents. [35] On the recommendation of Liang Mengsong, Zhou Meisheng was appointed as the chief technology officer [34] , and Liang Mengsong recruited more than 200 core members for SMIC, most of whom came from Hsinchu Science Park in Taiwan [24] . Due to the non-compete clause, the team led by Liang Mengsong could not immediately invest in the research and development of SMIC's new generation products, so they participated in the improvement of previous generation products to improve the yield rate of the 28nm process [24] [4] [ 8 ]


Taiwanese is Chinese I wonder that why everyone think they were two race .

No one has a 2nm commercial node yet. In lab, IBM reached 1nm so 2nm is not the latest and the greatest. Commercial production of TSMC 2nm is expected in 2025.

 

[B_A]

No one has a 2nm commercial node yet. In lab, IBM reached 1nm so 2nm is not the latest and the greatest. Commercial production of TSMC 2nm is expected in 2025.

Yes,but TSMC usually win at Commercial production against SAMSUNG and Intel.

Considering the population and the relationship between PRC and Taiwan,i cant say PRC doing very good.They just buy equipment and hire taiwanese engineers

Like the factory of late Ottoman empire

 

[B_A]

How about our 65NM chip now?

 

[Bozan]

https://twitter.com/i/web/status/1702306255623074121

 

[B_A]

Türkiye hopes to finalize discussions with China and strike a deal on the construction of the country’s third nuclear power plant “within the next few months,” a top energy official said on Thursday.
The move is part of Türkiye's ambitious plan to triple its renewable energy capacity by 2053 as it strives to become a carbon-neutral economy.



The discussions, aimed at boosting the nation's energy production, are now reaching their conclusive stages, with Energy and Natural Resources Minister Alparslan Bayraktar emphasizing the importance of sealing the deal amid interest from other parties.
Bayraktar said negotiations with China to build the plant in Kırklareli province in the Thrace region had been ongoing for an extended period.




"We have now reached the stage where we should finalize this agreement within the next few months, as other interested parties are also involved," the minister told a press briefing held by the ministry.
"We have been in talks with a Chinese company for a very long time. We are quite close."

Türkiye says nears deal with China for 3rd nuclear power plant

Türkiye hopes to finalize discussions with China and strike a deal on the construction of the country’s third nuclear power plant “within the next few...

www.dailysabah.com

Sabah English is easy to read

 

[Xenon54]

Türkiye hopes to finalize discussions with China and strike a deal on the construction of the country’s third nuclear power plant “within the next few months,” a top energy official said on Thursday.
The move is part of Türkiye's ambitious plan to triple its renewable energy capacity by 2053 as it strives to become a carbon-neutral economy.



The discussions, aimed at boosting the nation's energy production, are now reaching their conclusive stages, with Energy and Natural Resources Minister Alparslan Bayraktar emphasizing the importance of sealing the deal amid interest from other parties.
Bayraktar said negotiations with China to build the plant in Kırklareli province in the Thrace region had been ongoing for an extended period.




"We have now reached the stage where we should finalize this agreement within the next few months, as other interested parties are also involved," the minister told a press briefing held by the ministry.
"We have been in talks with a Chinese company for a very long time. We are quite close."

Türkiye says nears deal with China for 3rd nuclear power plant

Türkiye hopes to finalize discussions with China and strike a deal on the construction of the country’s third nuclear power plant “within the next few...

www.dailysabah.com

Sabah English is easy to read

A vital energy production facility in thrace which is exposed to invasion from enemy is stupid to say the least. And before anyone tries to ridicule, in a hypotetic invasion from european powers like in the past, the region around the straits will become prime target. Remember where brits attacked im WWI. Thats also the reason why Ankara became capital after centuries of Istanbul being it.
Look at Ukraine and how Russia is choking them by targeting the nuclear plants.

These plant need to be build closer to core of anatolia from a srategic point of view. Not to mention earthquake hazard which is prevalent in thrace but not central anatolia.
I sometimes wonder what these people think when deciding such stuff...

 

[Tornadoss]

A vital energy production facility in thrace which is exposed to invasion from enemy is stupid to say the least. And before anyone tries to ridicule, in a hypotetic invasion from european powers like in the past, the region around the straits will become prime target. Remember where brits attacked im WWI. Thats also the reason why Ankara became capital after centuries of Istanbul being it.
Look at Ukraine and how Russia is choking them by targeting the nuclear plants.

These plant need to be build closer to core of anatolia from a srategic point of view. Not to mention earthquake hazard which is prevalent in thrace but not central anatolia.
I sometimes wonder what these people think when deciding such stuff...

I guess it's more feasible to built a NPP near sea to have an access to cooling water.

 

[Ecderha]

The housing crisis is rapidly evolving into a global crisis

The housing crisis is rapidly evolving into a global crisis
The Greed crisis is rapidly evolving into a global Greed crisis

Today/ present we are Driven mainly from following :
Envy -> lead to Anger -> lead to Greed -> lead to Suffering
Combine above 4 to simple 1 word -> Crisis or Inflation (same thing).

 

[Heartbang]

A vital energy production facility in thrace which is exposed to invasion from enemy is stupid to say the least. And before anyone tries to ridicule, in a hypotetic invasion from european powers like in the past, the region around the straits will become prime target. Remember where brits attacked im WWI. Thats also the reason why Ankara became capital after centuries of Istanbul being it.
Look at Ukraine and how Russia is choking them by targeting the nuclear plants.

These plant need to be build closer to core of anatolia from a srategic point of view. Not to mention earthquake hazard which is prevalent in thrace but not central anatolia.
I sometimes wonder what these people think when deciding such stuff...

It is also a solid strategy to put NPP's towards your neighbors so in case things go tits up, the fallout will mostly affect your neighbors.
If you have any doubts, check out where Metsamor NPP stands.

 

[Xenon54]

It is also a solid strategy to put NPP's towards your neighbors so in case things go tits up, the fallout will mostly affect your neighbors.
If you have any doubts, check out where Metsamor NPP stands.

Nobody is gonna blow up a power plant but capture it and starve you from energy, espacially a NPP with very little reliance on foreign supply for a long time after initial fueling is a lost opportunity to secure wartime energy supply.

 

[CAN_TR]

The locations of the planned NPP's were most likely chosen because of this map.

Spoiler

PS: No neighbouring country has the capability to invade Türkiye.

 

[B_A]

Turkish textile industry facing multiple challenges - Latest News

Türkiye’s large textile industry is struggling with multiple challenges, including weak demand from its main export markets, lower capacity usage and the loss of competitiveness, with sector representatives calling for action from the government.

www.hurriyetdailynews.com

Türkiye’s large textile industry is struggling with multiple challenges, including weak demand from its main export markets, lower capacity usage and the loss of competitiveness, with sector representatives calling for action from the government.

 

[dBSPL]

Turkish textile industry facing multiple challenges - Latest News

Türkiye’s large textile industry is struggling with multiple challenges, including weak demand from its main export markets, lower capacity usage and the loss of competitiveness, with sector representatives calling for action from the government.

www.hurriyetdailynews.com

Türkiye’s large textile industry is struggling with multiple challenges, including weak demand from its main export markets, lower capacity usage and the loss of competitiveness, with sector representatives calling for action from the government.

Textile manufacturers want the TRY to devalue one more time. I apologize, but textile manufacturers are not the only industrialists in the country. They should stop wanting to blame their own incompetence on the country. Use state loans for more Mercedes, more plaza floors, more mistresses... But complain about labor costs...

By the way, I am not putting all textile manufacturers in the same category. There are great examples also. There are exporters in my family in the textile business, so more or less I aware some their problems. The problem is that companies that cannot develop the right strategies when profit margins are at abnormal levels have started to cry when profit margins fall to normal levels.

 

[Afif]

I just don't think Türkiye can keep up textile manufacturing profitable in the foreseeable future. It has gotten too rich. Now it is much harder to keep the price competitive. Specially compared to the countries like Vietnam and Bangladesh.

 

[Bozan]

https://twitter.com/i/web/status/1703059079394984200

 

[Saithan]

Central Bank announces more steps to boost lira deposits​

ANKARA​

Türkiye’s Central Bank has announced new measures to bolster the Turkish Liras deposits in the financial system.



The bank last month started to roll back the FX-protected deposit accounts scheme, ending an implementation that previously stipulated a target for conversion from foreign currency deposits to FX-protected deposits.

On Sept. 18, the bank announced additional measures designed to increase the share of Turkish Lira deposits.

According to the instruction sent to local lenders, the targeted monthly rise in the share of lira deposits in total deposits has been raised from 2 percent to 2.5 percent.

The latest data from the Banking Regulation and Supervision Agency (BDDK) show that FX-protected deposit accounts continued to decline.

The volume of FX-deposits accounts fell from 3.35 trillion liras in the week ending Sept. 1 to 3.33 trillion liras as of Sept. 8, while total deposits with local banks grew from 12.9 trillion liras to more than 13 trillion liras.

In a statement in August, the Central Bank said that the FX-protected deposit accounts-related steps were part of the simplification process.

“The regulations are intended to increase Turkish lira deposits while decreasing FX-protected deposits by ensuring the transition from FX-protected accounts to Turkish lira deposits,” the bank said at that time.

The Central Bank on Sept. 18 also increased the invoice exemption limit for export and SME (small- and medium-sized company) loans from a previous 50,000 liras to 250,000 lira ($9,300) lira in order to ease the credit flow.

Central Bank announces more steps to boost lira deposits - Latest News

Türkiye’s Central Bank has announced new measures to bolster the Turkish Liras deposits in the financial system.

www.hurriyetdailynews.com

Finally rolling back even more wrong policies.