Chipmaking countries squeezed by US-China rivalry
Friday, January 6, 2023
Significance
Japan and the Netherlands are ready in the coming weeks to adopt some of the measures Washington imposed in October.
Impacts
- Global demand for semiconductors will grow in the coming years, regardless of where they are made.
- Firms producing semiconductor manufacturing equipment will find new opportunities in the EU and United States.
- China is on the defensive, with few options for proportionate retaliation at acceptable cost.