A surprising winner in the US-China chip wars

中美芯片之争中的意外赢家

Behind the Money

2024-04-03

18 分钟
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单集简介 ...

The US and China’s battle for dominance in the semiconductor industry is having some surprising knock-on effects: Companies are looking to insulate their supply chains from rising geopolitical tensions. And many from around the world are setting their sights on Malaysia to set up or expand their chip factories. FT correspondent Mercedes Ruehl explains how the country earned a prized spot in the supply chain, and what it needs to do to keep hold of it.  - - - - - - - - - - - - - - - - - - - - - - - - - -  For further reading: Malaysia: the surprise winner from US-China chip wars Vietnam dangles semiconductor incentives to draw foreign companies AI boom broadens out across Wall Street Plus, sign up for the FT’s Alphaville pub quiz on April 9 in New York.  - - - - - - - - - - - - - - - - - - - - - - - - - -  On X, follow Mercedes Ruehl (@mjruehl) and Michela Tindera (@mtindera07), or follow Michela on LinkedIn for updates about the show and more. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
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  • Back in February,

  • FT correspondent Mercedes Ruhl took a trip to a small island state in northern Malaysia called Penang.

  • And one night, she stumbled upon a Lunar New Year celebration.

  • I recorded this walking down one of the main streets of Georgetown,

  • which is the capital, and it was about 10 p.m. at night.

  • There was celebration, there were decorations everywhere,

  • bars are pumping music, and it's alive and buzzing.

  • Penang is known for its beautiful beaches and good food.

  • But Mercedes traveled there to see something else.

  • I'd been hearing for months and months that Penang was experiencing a new boom,

  • not this time in food or resorts, but for semiconductor chips.