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Asia’s chip giants hustle to maintain their edge over the US

LivemintLivemint · 6m
Asia’s chip giants hustle to maintain their edge over the US

The Wall Street Journal has published a series of articles delving into the global chip battle and the competition for leadership in the industry, which is expected to double in size to $1 trillion by the end of the decade. South Korea and Taiwan, both U.S. allies, are emerging as friendly competitors in the semiconductor sector, leveraging lower costs, faster construction times, and an established supply chain. While American companies excel in chip design, manufacturing has predominantly been in Asia. However, the U.S. aims to increase its chip production with additional funding and Intel's advancements. South Korea and Taiwan, on the other hand, remain strong in key areas like advanced logic chips and memory chips, respectively. Both countries have implemented government support programs to enhance their industries.

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