and security externalities
Japan must not overlook the potential negative economic and security externalities Semiconductor dominance is a crucial aspect of geopolitical and economic superiority in the US–China ‘technological cold war’. Global disruptions like the Russia–Ukraine war and the COVID-19 pandemic have underscored the need for resilient supply chains. In 2021, chip shortages that increased semiconductor lead times cost the global automotive industry over US$200 million. The United States is attempting to stifle China’s semiconductor industry สล็อต