15 September 2025 Emerging Asia Monitor EM Asia laggards won't chip away at the Asian Tigers' chip dominance

Emerging Asian countries have announced national strategies to enter the semiconductor market.
We think they will be unlikely to gain a meaningful foothold in manufacturing semiconductors.
If they play to their strengths, however, they could attract capital to other parts of the supply chain.

independent macro research, Pantheon Macro, Pantheon Macroeconomics, independent research, ian shepherdson, economic intelligence