IEK360|Future Development of Semiconductors in Japan by Working with the U.S.
- Category:
- IEKView
- Domain:
- Industrial Economy and Science and Technology Policy of Vital Countries, Global Market Trend and Industry Opportunities
- Author:
- Date:
- 2024/01/31
- Pages:
Report Outlook
With the vertical integration of resources as part of Japan’s national policy during the 1970s, it took only a few years for the semiconductor industry to dominate the global market in the 1980s.Afterwards, dispite facing slew of challenges such as the appreciation of the Japanese yen, trade conflict from signing “The U.S.-Japan Semiconductor Agreement” in 1986, and the imposition of punitive tariffs, Japan did not lose its leading position in the semiconductor industry until the emergence of competitors including TSMC and Samsung in the 1990s. Since the US sanctions were imposed against Chinese tech over the past few years, the U.S. has been cooperating with Japan and Europe to suppress the development of the China semiconductor industry. Against this backdrop, the US-Japan semiconductor alliance has gradually been taking shape. The Japanese government has also enacted legislation and introduced policies to revive its semiconductor industry, and with the injection of significant resources, Japan is making a strong comeback to the marketplace.
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