global currency, and much of the dominance in the microprocessor industry, through Intel, AMD and Qualcomm. China, on the other hand, has significant strategic advantages in telecommunications with the 5G network and the Huawei company.
The global semiconductor industry is concentrated in a few firms and a few countries. Although the manufacturing link in the semiconductor chain is in Asia, the licensing, intellectual property and production segments of the semiconductor value chain do not pass through China.
The Asian country has begun work towards chip manufacturing autonomy, which can be consolidated using reverse engineering. It is inevitable that the Asian country will develop an autonomous and competitive semiconductor industry and thus reduce its backwardness vis-à-vis the United States.