South Korea to build world’s largest chip center in Seoul with $230B investment
So that's about 2.3x more money in 20 years than the U.S. plans to spend on the plant in Ohio that will supposedly create 50,000 jobs.The minimum wage is $10.10 in Ohio vs. $7.28 with the latest increase in South Korea for 2023. That's almost 1.5x more wages for workers in Ohio.And I wouldn't say we had the edge on chip manufacturing vs. S. Korea, so given the numbers above, how can the U.S. compete? What chips are we making vs. what is intended to be made in S. Korea?