Technology

Japan sees peril in U.S. chip hub to counter China

Japan sees peril in U.S. chip hub to counter China

Japan is worried that U.S. plans to pour billions of dollars into chip manufacturing to fend off China could finish off what's left of a Japanese semiconductor industry that once dominated the world. After "three lost decades", according to Japan's industry ministry, the country's share of global chip manufacturing has fallen from a half to a tenth as it leaked customers to cheaper rivals and failed to maintain a lead in cutting edge production.

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