Who Is Winning Southeast Asia’s Chip Race?
Southeast Asia is playing a crucial role in the global chip race, with six countries making efforts to expand their role in semiconductor production. The region currently accounts for around 26 percent of global chip exports, with opportunities for growth as Western countries move to 'de-risk' supply chains.
The global chip race is on, with governments scrambling to capture a segment of the lucrative market. Integrated circuits are now an essential component of virtually every electronic device. Southeast Asia has long played an important role in chip supply chains, currently accounting for around 26 percent of global exports. Six countries in the region are making a concerted effort to carve out a role for themselves in the semiconductor industry. These countries have the potential to establish themselves as critical nodes in global chip production and investment. As Western countries move to 'de-risk' supply chains, opportunities for growth are emerging in Southeast Asia.
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