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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.

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