Four Asian Countries Lead in U.S. Chip Diversification Move

The supply diversification comes as U.S. officials expressed growing concern about their country’s overreliance on overseas suppliers for the most advanced chipmaking. Photo: Bloomberg

(Bloomberg) — Thailand, Vietnam, India and Cambodia have emerged as early winners this year as semiconductor production begins to move away from traditional centers such as Taiwan and the Chinese mainland.

U.S. imports of chips grew 17% from last year to $4.86 billion in February, according to U.S. Census data, with Asia accounting for 83% of that total. India saw its semiconductor shipments increase 34 times to $152 million, while Cambodia clocked in an impressive 698% growth, falling just shy of Japan at $166 million, an amount that would be unheard of in years past.