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As much as the US pines for the good old days of global semiconductor supremacy, Japan feels its loss of glory even more.
Once a dominant name in electronic components, the nation has been overtaken by Taiwan, South Korea, and, more recently, China. Yet Tokyo might have a viable plan to revitalize its domestic sector.
“Unlike the purely domestic, independent way it was done in the past, I think we need to cooperate with overseas counterparts,” Akira Amari, a former economy minister and senior member of the ruling Liberal Democratic Party, told Bloomberg News’ Isabel Reynolds and Emi Nobuhiro this week.
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Once a dominant name in electronic components, the nation has been overtaken by South Korea, Taiwan and China. Yet Tokyo may have a viable plan to revitalize its domestic sector.