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Once a powerhouse in the semiconductor industry, Japan controlled half of the global chip sales in the late 1980s. However, the dot-com bubble and subsequent economic stagnation led to a decline, allowing competitors like Taiwan and South Korea to rise. Now, Japan is channeling billions into rejuvenating its semiconductor landscape, with a bold investment of $67 billion aimed at reclaiming its lost status.
Current Landscape: The Race for Next-Gen Chips
With Taiwan and South Korea dominating semiconductor production, the urgency for Japan to bolster its semiconductor capabilities is palpable. Geopolitical tensions, especially potential threats from China towards Taiwan, accentuate the necessity for a stable and self-sufficient semiconductor supply chain.