Dipjyoti Mech

FIRE HAI MEIN

[Dipjyoti Mech @DjM_Roja]

@Pra7oel Tum ek bare LaVde ho

[Dipjyoti Mech @DjM_Roja]

@Shehzad_Ind @BJP4India @narendramodi Tu mat ja Congress. Kachra saaf kiya jata hai Ghar se bahar phek ke. Ek room se dusre room nahi le jaya jata.

[Dipjyoti Mech @DjM_Roja]

@chanduuu_cs No plan. I have entrusted AI to do it.

[Jacob Coxon @hilbertspaess]

I resigned from Anthropic today. I spent the last three years doing pretraining research at both OpenAI and Anthropic. Neither company is acting responsibly. They are racing straight to self-improving superintelligence and gambling with our lives. More thoughts below.

[Dipjyoti Mech @DjM_Roja]

@AlexaBliz_ 8

[Dipjyoti Mech @DjM_Roja]

@Immy_220 22

[Vikas Vij @TheClubJunto]

India's Semiconductor Story

(a) How Korea/Taiwan built a monopoly (b) India’s focus is on low-end, loss-making assembly (c) How many billions Indian govt is pouring as semicon subsidies (d) Why Dr. Raghuram Rajan calls it capital MISallocation?

Korea’s Story
Lose a Decade; Own a Century

a. In 1953, South Korea’s per capita income was lower than Somalia’s; literacy was 20%; population was less than Lucknow. Today, two Korean companies, Samsung and SK Hynix, sell two-thirds of the world’s memory chips at monopoly prices.

b. On Feb 7, 1983 in a Tokyo hotel room, Samsung’s founder Lee, who was dying of throat cancer, called his electronics division chief. Lee said 4 words that Korea’s business historians now call the “Tokyo Declaration”: Samsung will build semiconductors.

c. Samsung board strongly opposed. Japan’s chip industry was at its peak, having crushed US competition. Samsung had no tech base except TV assembly, sugar refining, and dried fish.

Lee committed almost all of Samsung's cash reserves to semiconductors. Korean media called him “reckless.”

d. Lee died in 1987, but his daring move in semiconductors became one of the most consequential bets in industrial history.

Samsung sent its researchers to study US chipmakers, licensed costly technology to reverse-engineer, and absorbed years of R&D losses. Within a decade, Samsung was the world’s largest DRAM producer.

Taiwan’s Story
When Nations Dare to Dream

a. In 1960s, Taiwan was a tiny island known for making “plastic toys and low-cost footwear.” Today Taiwan's TSMC controls 72% of the global “contract” chipmaking market, and for super-advanced chips, nearly 100%.

b. In 1985, Taiwanese govt invited semiconductor expert Morris Chang of Texas Instruments to build Taiwan's chip industry from scratch.

Chang founded TSMC, which needed billions in capital to build factories. Intel, Toshiba, Hitachi, Sony, all said "No" as the investment was too risky. Taiwanese govt decided to invest its own capital.

c. After a decade of TSMC's production optimizations, process innovations, and its struggle against Intel, finally Intel made the worst call in tech history. It rejected Steve Jobs' offer to build the iPhone's chip (on pricing), and TSMC stepped in.

d. TSMC borrowed billions for R&D upgrades and capacity buildup as Apple demanded a better & faster chip for every new launch, while iPhone sales broke all records.

Apple later gave an offer to TSMC for exclusive supply. Chang refused and explained his commitment to a small customer that depended on him: Nvidia. The rest is AI history.

India’s Story
Profits Without Risk

a. Semiconductor design & manufacturing is so complex that it requires hundreds of billions in patient capital, decades of learning curve to master the physics, and an advanced supply chain and talent pipeline.

The new 1.7nm fabs are so cutting-edge they even factor the moon’s gravitational pull. The moat is impossible to break. Competition from China is almost a decade behind Korea & Taiwan.

b. Indian family-owned firms are not willing to lose money for a decade with no guarantee of a return. India is not doing chip design or manufacturing. India is doing back-end assembly, testing, and packaging (ATP).

c. ATP is the only way for India to be a part of the global semiconductor supply chain and generate employment for assembly workers. But ATP has low operating margins.

Industry margins are shared as follows: Chip Design: 55%; Fabrication: 35%; ATP: 10%. With high capex and low margin, ATP is a loss-making part of the business.

d. Tata Semicon and others are not going to take a loss. So, Indian govt is bearing 50% of the project cost. $10B was allocated as subsidy in Semicon 1.0. Just last week, the govt has notified another $13.5B (₹1.28 lakh cr) subsidy under Semicon 2.0.

e. Stop the Subsidy: Dr. Raghuram Rajan has called India’s rush into chip subsidies “a ruinous race to get into now,” as every nation is chasing the same prize.

Prof. Rajan argues that India’s chip-subsidy exceeds the entire annual higher education budget. With 85% Debt-to-GDP ratio, India does not need this capital-intensive industry with low job creation per dollar.

ENDPIECE: Govt Should Ask Big Business to Invest

In 2019, govt of India cut corporate tax rate from 30% to 22%. It was a historic move to financially empower the industry to invest in R&D and high-tech mfg. Instead, promoters simply used the tax cuts to boost cash reserves. It’s payback time.

@arabicatrader

[Dipjyoti Mech @DjM_Roja]

@mrjethwani1 Dear Australians, please send the kid and his parents back to India so they can practice their religion peacefully.

[The Rebel @TheRebel_IN]

🚨BREAKING : BJP Brutally EXPOSE 🔥🔥

Fake party : Aam Janmat Party
Got 620 crore donation in 2024 Lok Sabha 😭😭

Candidates fielded – 1
Party president – a BJP leader
Office – Gujarat 🗿

6 such fake parties got 1700 crore total
More than donations of 5 national parties combined 🤣🤣

All 6 from Gujarat

Money looted from the whole country
Parked in Gujarat through dummy parties 🚨

This is not democracy

This is a donation laundromat 🔥😭😭

[Dipjyoti Mech @DjM_Roja]

@priyanshu__63 Mein

[Dipjyoti Mech @DjM_Roja]

@mr_mayank Hahaha.......self goal....

[Dipjyoti Mech @DjM_Roja]

@aajtak @arvindojha Hekdi nikal gayi chomu ki ..bara sher ban raha tha ....

[Dipjyoti Mech @DjM_Roja]

@kannadahelp6 Very scary situation for everyone

[Dipjyoti Mech @DjM_Roja]

@Sarcaztick @CJP_2029 Take legal action

[Sarcastic. @Sarcaztick]

Hindutva extremist Swatantra Bhardwaj spoke about attacking the father of a CJP protester during a podcast.

He said that the man received 60 stitches and was on the verge of death, adding that “a Section 307 case was warranted,” yet he walked out within a day after a call from Kapil Mishra.

He also says that both Kapil Mishra and Chirag Paswan are his “elder brothers” and that he has the support of every politician.

[Dipjyoti Mech @DjM_Roja]

@atanubhuyan Apuniontu unofficially aase BJP t. So ki dangor kotha.

[Dipjyoti Mech @DjM_Roja]

@InvestorOfJAMMU Yes. Only Chillars..

[Dipjyoti Mech @DjM_Roja]

@Neha_S_Patel Marriage

[Dipjyoti Mech @DjM_Roja]

@hunnykumar1908 Politics

[Vikas Vij @TheClubJunto]

R&D Lessons from China: After Reliance, JSW Halts Battery Mfg Plans

(a) RIL & JSW: “China has weaponized access to battery tech” (b) FACT: Chinese firms failed for 30 yrs doing R&D, while we focused on quarterly EBITDA (c) Renting vs Owning Mentality.

India’s Licensing Mentality

a. On Aug 26, 2026, Parth Jindal (36 yrs) told reporters that JSW has halted its ₹40,000 cr planned investment to manufacture LFP (lithium iron phosphate) battery in India. Parth said: “China is guarding LFP technology like a weapon.”

b. At Reliance AGM 2026, Anant Ambani (31 yrs) told shareholders: “Access to battery tech is being weaponized.” Reliance was forced to halt its mfg plans for LFP battery after China refused to license cell technology.

c. Indian industry prefers non-export items like oil, steel, cement, power, ports, airports because a known playbook exists. Foreign competition disallowed, 100% domestic capture, predictable profits, multi-billion mkt cap, zero R&D.

China’s R&D Mentality

a. China controls 94% of global LFP capacity. Chinese Companies: CATL: 37%; BYD: 23% (BYD became a car-maker); Others: 34%

b. LFP technology did not fall from heaven into China's lap. 30 years ago nobody wanted LFP. LFP was cheap and safe, but it had a failing. Its conductivity was so poor it could hardly deliver current.

c. US researchers gave up on LFP after a long struggle as it looked impossible to crack. But it was obvious that LFP would one day win because it involved abundant, low-cost raw materials.

BYD 2002-2020: Lessons in R&D
18 Years of Blood, Sweat & Tears

2002: BYD was a small battery-maker founded by Wang Chuanfu, an orphan from one of China’s poorest provinces. Wang chose the long and painful road of LFP when everyone else believed it was the road to bankruptcy.

In 2002, BYD’s earliest investor was Charlie Munger. Charlie said: “I invested because Wang was a “chemistry genius” and a “fanatic who worked 70 hrs a week.”

2005: In 2005, BYD developed its first in-house LFP cell.

2008: BYD launched the world’s first hybrid electric vehicle running on its own LFP – three months after Warren Buffett bought $230 million of BYD stock.

2009-2012: Commercial testing was critical to scale up the technology. But car owners were not ready to buy EVs. Chinese govt backed the technology with “10 Cities, 1000 Vehicles” program, which put LFP on municipal buses and taxis.

2016-2018: The Darkest Years: Conventional NMC technology raced ahead due to govt subsidies. Competition intensified. Industry slogan became: “LFP is dead; stop burning money.”

2019: Near-Death Experience: BYD's net profit to shareholders fell to $267 million, while R&D expenses swelled to $1.25 billion. BYD had bet its last shirt on the technology.

2020: Redemption at Last: BYD’s legendary Blade Battery was born. It worked like a dream, having survived years of failures, bottlenecks, countless iterations, rebuilding of entire production lines, and a devastating lab fire.

R&D: How to Conquer the World

a. Dozens of Chinese EV and battery startups living off govt subsidies disappeared. BYD and CATL emerged as the survivors of a domestic bloodbath.

b. In 2025, the world’s largest EV seller BYD spent 9% of its sales revenue (not profit) on R&D. CATL spent 6%. To understand the scale: In 2025, CATL had 20,000 research staff and 43,000 patents & applications.

2025 BYD R&D Expense: $9B
2025 BYD Profit: $4.5B (Half)

c. China has innumerable companies today with such suicidal R&D expense ratios. India has ZERO because with a license raj DNA, the Indian promoter has no mad desire to change the world. He just wants to die rich.

India's Ambani-Adani Equation

The following equation sums up India's economic curse:

When you have zero R&D, your profit becomes:

$4.5B + $9B = $13.5B

India's family-owned conglomerates, thriving on protectionist policies, do not wish to waste even one dollar on R&D and innovation.

Their vision for India is to leave billions to their children. And the children think licensing another's IP is their birthright: “China has weaponized battery technology against us.”

@arabicatrader