Palmer Luckey warns American companies have been hollowed out by China

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Billionaire defense-tech founder Palmer Luckey warned that American companies have been hollowed out by China, which now dominates critical engineering and manufacturing. In a Hoover Institution interview, Luckey said China has the world's best battery, metallurgy, and optical engineers, while many U.S. firms no longer know how to build the products they design. He argued that dependence on a strategic adversary for raw materials and manufacturing means America is not in control of its own destiny, likening the situation to a Cold War novel where Pentagon devices are made by a rival. Luckey also cited Lenovo as a major Pentagon laptop supplier and said the U.S. cannot beat China with 500 million Americans, risking economic irrelevance.

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Lenovo is cited as a major Pentagon laptop supplier, implying dependence on a strategic adversary, but impact on Lenovo is unclear.

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