Japanese power companies could be hit hard by the expected tightening of US economic pressure on China once President-elect Donald Trump takes office. The Japanese newspaper Nikkei writes about this, TASS reports.
The publication interviewed executives from the main companies in the sector.
In response to the newspaper’s questions, the management of Kokusai Electric Corporation, one of the world’s largest producers of equipment for the production of semiconductors, stated that in March 2026 China will account for only 30% of its exports, while now the China’s participation reaches 50%.
A similar statement was made by Tokyo Electron, also one of the leading companies in the sector.
In 2023, China’s share of global imports of semiconductor manufacturing equipment increased from 20% to 40%. In the second quarter of 2024, China accounted for 46% of global shipments of this type of units.
As Nikkei notes, Chinese companies are making efforts to complete import substitution and develop their own production lines in the semiconductor industry.
