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Date Posted: 11:20:44 2/22/23 Wed
Author: Jasper
Subject: More on China not shipping globally.

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Kyocera, one of the largest chip component manufacturers in the world, believes China can no longer play its role as the global factory amid heavy sanctions from the United States, and the company has begun shifting production to other places, including Japan.

Tanimoto admitted that the U.S. export controls were a reason why the firm cut down its operating profit forecast for the year by 31 percent. Kyocera commands a 70 percent market share globally in ceramic components used in chip-manufacturing equipment.

https://www.zerohedge.com/geopolitical/manufacturing-china-and-exporting-globally-no-longer-viable-kyocera

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