The Global Semiconductor Business: A High-Stakes Battle Among Giants

In the fiercely competitive semiconductor industry, governments are now actively involved in a race to assert technological dominance. The shortage of chips during the pandemic accentuated the global reliance on a few companies. The US has imposed curbs on chip exports to China amid concerns about national security and economic competition. China, the largest market for electronic components, aims to reduce its dependency on imported chips. Conversely, Europe and the US are investing substantial funds to bring back chip production, aiming to lessen reliance on East Asian facilities.