{"id":586929,"date":"2023-05-18T00:00:00","date_gmt":"2023-05-18T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/05\/18\/is-japan-taking-over-chinas-position-as-the-semiconductor-hegemon-plus-bnpl-is-now-critical-to-keep-up-with-inflation\/"},"modified":"2023-05-18T00:00:00","modified_gmt":"2023-05-18T00:00:00","slug":"is-japan-taking-over-chinas-position-as-the-semiconductor-hegemon-plus-bnpl-is-now-critical-to-keep-up-with-inflation","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/05\/18\/is-japan-taking-over-chinas-position-as-the-semiconductor-hegemon-plus-bnpl-is-now-critical-to-keep-up-with-inflation\/","title":{"rendered":"Is Japan taking over China\u2019s position as the semiconductor hegemon? Plus: BNPL is now critical to keep up with inflation"},"content":{"rendered":"

<\/span>Japan at the center of the semiconductor world?<\/span> The re-emergence of Japan as a<\/span> semiconductor powerhouse is driven by Western allies looking to reshape the global chip supply chain away from China, reports the <\/span>Financial Times<\/a><\/span>. Seven major semiconductor producers \u2014 including Taiwan Semiconductor Manufacturing and Intel \u2014 announced plans to pour investments in Japan for semiconductor research, development, and manufacturing. The announcement comes after long standing tensions between South Korea and Japan have begun to thaw in relations. The topic was the center of discussions at an unprecedented meeting in Tokyo involving <\/span>Japanese prime minister Fumio Kishida, the heads of chipmakers including Taiwan Semiconductor Manufacturing, South Korea\u2019s Samsung Electronics and Intel and Micron of the US. <\/span><\/p>\n

Looking for security amid supply chain instability: <\/span>The gathering further solidifies the<\/span> industrial blocs that are emerging on the back of soured US-China relations, which are producing signs of decoupling in global supply chains. \u201cInvesting in secure supply chains and a strategic partnership for your economic and national security is the key cornerstone of confronting economic coercion,\u201d Rahm Emanuel, the US ambassador to Japan, told the Financial Times. <\/span><\/p>\n

<\/p>\n

\n

<\/span>It started out as a pandemic trend, but BNPL is now a core ingredient in how consumers<\/span> keep up with inflation:<\/span>The surge of buy-now-pay-later (BNPL) options, brought on by the pandemic (where most of us stayed at home, relied on online shopping and saved a bit of money) has become a source of financial relief for many in the US looking to bridge the gap between paycheck to paycheck, <\/span>Bloomberg<\/a><\/span>reports. Initially used as a facility to pay for once-in-a-bluemoon purchases such as flights, electronics, and furniture, consumers today use them to pay for their weekly groceries. Losing their jobs to the pandemic, navigating soaring inflation, or being instantly gratified by buying what they want, consumers find that BNPL options are a lot more sympathetic than credit cards, with the latter potentially leading to a damaged credit score due to late payments. <\/p>\n

<\/span>Too many BNPL options = loan stacking.<\/span> Many scheduled repayments and the variety of<\/span> BNPL options are the caveats that most Americans highlight for BNPL facilities. Since BNPL apps are not covered by any consumer protection laws (unlike credit cards) individuals who are not financially viable to pay back their purchases without spending their entire incomes are not prevented from taking on more BNPL facilities. In fact, some consumers report paying back their BNPL loans using their credit cards \u2014 a vicious cycle that stacks up crippling interest payments. <\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

China is being pulled away from the center of global chip supply<\/p>\n","protected":false},"author":1,"featured_media":586930,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7215],"tags":[116,633,638,570,645],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-586929","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-for-your-commute","tag-china","tag-enterprisepm","tag-for-your-commute","tag-japan","tag-semiconductors","wpautop","entry"],"acf":{"mongo_id":"66331cf0-70fc-40d4-aec2-e1a659146984","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/4\/256.jpg","photo_position":"above","homepage_title":"","full_issue_title":"","related_issue":[586924],"teaser":"China is being pulled away from the center of global chip supply","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/5\/.eab2c324-14a2-4f1d-b837-f407c9890b01.mp3"},"yoast_head":"\nIs Japan taking over China\u2019s position as the semiconductor hegemon? 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This time it\u2019s with electronic devices and car production, which have been hit by a shortage in semiconductors \u2014 the building blocks of microchips that power\u2026","rel":"","context":"In "Macro picture"","block_context":{"text":"Macro picture","link":"https:\/\/enterpriseam.com\/egypt\/category\/explainers\/macro-picture\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/2\/525.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":554691,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/11\/04\/netflix-ventures-into-gaming\/","url_meta":{"origin":586929,"position":1},"title":"Netflix ventures into gaming","author":"enterpriseam admin","date":"4 November 2021","format":false,"excerpt":"Play Stranger Things on your Android: Netflix has released five new games on Android app stores as the streaming giant attempts to expand its offerings with its foray into gaming. Two of the titles out now come from the successful Netflix franchise Stranger Things which quickly amassed a cult following.\u2026","rel":"","context":"In "FOR YOUR COMMUTE"","block_context":{"text":"FOR YOUR COMMUTE","link":"https:\/\/enterpriseam.com\/egypt\/category\/for-your-commute\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/11\/56.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":552874,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/05\/nobel-prize-for-chemistry-goes-to-lego-bricks-for-molecules-chinas-semiconductor-industry-is-getting-a-harder-time-from-the-us\/","url_meta":{"origin":586929,"position":2},"title":"Nobel Prize for Chemistry goes to: Lego bricks for molecules + China\u2019s semiconductor industry is getting a harder time from the US","author":"enterpriseam admin","date":"5 October 2022","format":false,"excerpt":"The Nobel Prize in Chemistry 2022 went to Carolyn R. Bertozzi, Morten Meldal, and K. Barry Sharpless \u201cfor the development of click chemistry and bioorthogonal chemistry,\u201d according to a press release. It all began with Sharpless in the early 2000 when he first discovered the \u201creliable concept\u201d of click chemistry\u2026","rel":"","context":"In "FOR YOUR COMMUTE"","block_context":{"text":"FOR YOUR COMMUTE","link":"https:\/\/enterpriseam.com\/egypt\/category\/for-your-commute\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/10\/416.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":566150,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/31\/semiconductor-shortage-could-take-years-to-be-resolved\/","url_meta":{"origin":586929,"position":3},"title":"Semiconductor shortage could take years to be resolved","author":"enterpriseam admin","date":"31 May 2021","format":false,"excerpt":"Remember that semiconductor shortage? It\u2019s likely to stay with us for a while: A global lack of semiconductors \u2014 essential to making most electronic devices \u2014 could take several years to abate, with producers saying they still need time to up factory capacity, Intel CEO Pat Gelsinger told the virtual\u2026","rel":"","context":"In "ON THE HORIZON"","block_context":{"text":"ON THE HORIZON","link":"https:\/\/enterpriseam.com\/egypt\/category\/on-the-horizon\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/5\/497.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":583503,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/03\/02\/the-us-wants-to-reshape-the-global-semiconductor-industry-in-its-favor\/","url_meta":{"origin":586929,"position":4},"title":"The US wants to reshape the global semiconductor industry in its favor","author":"enterpriseam admin","date":"2 March 2023","format":false,"excerpt":"The US wants to beat China on chips: Rising geopolitical tensions with China have the US scrambling to onshore the manufacture of more parts and products. Nowhere is that more apparent than with semiconductors, or chips, which are a key component of everything from cars to computers, smartphones, appliances, and\u2026","rel":"","context":"In "Tech"","block_context":{"text":"Tech","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/tech\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/12\/chip.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":580645,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/01\/11\/qatar-wants-to-buy-more-football-clubs-some-positive-climate-news-for-a-change\/","url_meta":{"origin":586929,"position":5},"title":"Qatar wants to buy more football clubs + Some positive climate news, for a change","author":"enterpriseam admin","date":"11 January 2023","format":false,"excerpt":"With World Cup revenues in its pockets, Qatar has its eyes on buying more football clubs: Qatar Sports Investments (QSI) is reportedly looking to buy \u201cat least\u201d one football club in the English Premier League and is in conversations with top clubs including Manchester United, Liverpool, and Tottenham Hotspur, Bloomberg\u2026","rel":"","context":"In "FOR YOUR COMMUTE"","block_context":{"text":"FOR YOUR COMMUTE","link":"https:\/\/enterpriseam.com\/egypt\/category\/for-your-commute\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/1\/638.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/586929","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=586929"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/586929\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/afternoon\/586924"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/586930"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=586929"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=586929"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=586929"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=586929"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=586929"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}