China overtakes US in semicon manufacturing -

China has managed to overtake the US in semiconductor manufacturing and according to SEMI’s latest report, the trend is more than likely to accelerate, reports Quartz

Last year China gobbled up $5.07 billion worth of silicon ingots and other materials used for semicon manufacturing, up 42 per cent over 2008. In contrast, North America consumed $4.74 billion, down from $4.99 billion in 2008.

The American slump is nothing compared to Japan, which is going through a production crash. Semicon material spending dropped from $10 billion in 2008 to $8.35 billion last year. 

Taiwan and South Korea are still doing well and if Japan doesn’t get its act together, South Korea will squeeze into second place in a matter of years, provided it is not attacked by the atomic threat across the border. 

Taiwan still reigns supreme, its spending is well north of $10 billion and growing.