Background: Semiconductor manufacturing capacity in China China is projected to account for a larger share of foundational semiconductor production capacity in 2024 Share of estimated global foundational (28 nm or larger) production capacity, 2024 China Taiwan Japan Europe Americas Southeast Asia Korea 0% 10% 20% 30% Notes/Sources: nm: nanometer. Bloomberg, “Geopolitical Risks in the Taiwan Strait: Tech Supply Chain & the Global Economy: BI Replay,” January 9, 2024, https://www.bloomberg.com/professional/blog/webinar/geopolitical- 10 risks-in-the-taiwan-strait-tech-supply-chain-the-global-economy-bi-replay/.