With semiconductors, though, “the model starts to break down a little bit,” said Jay Goldberg, a tech industry consultant and former Qualcomm executive. The technology is eye-wateringly expensive to develop, and established players have spent decades accumulating know-how. Europe, Goldberg noted, once had many “incredible” chip companies. Japan’s chipmakers are leaders in certain specialized products, but few would call them bold innovators.
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With money, and waste, China fights for chip independence - Chicago Tribune
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