► U.S.-China strategic competition displays unique features compared to previous cases of hegemonic competition. The U.S. and China have waged strategic competition across a wide range of domains, from science and technology to high-tech industries and military and security, with maintaining a high degree of interdependence.  ►The CHIPS and Science Act and CHIP4 are two sides of the same coin in Amer...

►The Biden administration has proposed a semiconductor supply chain alliance known as "Chip 4" between the United States, South Korea, Japan, and Taiwan, four countries with a comparative advantage in the semiconductor industry value chain. This article first examines the strategic focus of both the United States and China on semiconductors and China's response to the formation of Chip 4. Then, the article will exp...

► Discussions have been ongoing over whether South Korea would participate in the US-led East Asian semiconductor supply chain network, “Chip 4” (also known as “Fab 4”). So far, most of these discussions argue that Korea's participation in Chip 4 is inevitable, given the Korea-U.S. alliance and the U.S. status in the semiconductor industry.    ►However, considering that Chin...