It does sound a wee bit unfair to say that developed economies should have exercised better foresight in preempting a ‘capability concentration’ during this semiconductor shortage, especially given we are talking about the building blocks of the digital economy.
It is understandable that these large economies want to be a part of the semiconductor story, even if it means a geopolitical song-and-dance.
But it makes for an interesting story about how an unassuming man in his 50s turned the semiconductor industry on its head.