New Books in Economics

The Geopolitics of Microchips: China, the EU, and the US


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What would happen if microchips suddenly disappeared from our world? From phones to cars, medical equipment to heating units, they are crucial for the safe and smooth functioning of much of society. While they may not actually disappear anytime soon, we have learned from the COVID pandemic about the real and potential consequences of an essential microchips shortage. Listen to Hermann Aubié, senior researcher at the Centre for East Asian Studies at the University of Turku in Finland, speak about the current state of the complex global microchips industry and attempts by governments to control its technology and supply-chain. Dr. Aubié focuses in particular on the United States' 2022 CHIPS and Science Act and October Export Rules, largely considered to target China's capacity to produce advanced microchips. Learn about responses by Taiwan, the largest producer of advanced microchips with TSMC (Taiwan Semiconductor Manufacturing Company), as well as the position of the European Union, itself dealing with ongoing negotiations to finalize the EU Chips Act. Dr. Aubié speaks to Satoko Naito, also of the Centre for East Asian Studies.

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New Books in EconomicsBy Marshall Poe

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