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© 2018 AFPJapan semiconductor company Renesas to buy U.S. firm IDT for $6.7 bil
By Kazuhiro Nogi TOKYO©2024 GPlusMedia Inc.
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© 2018 AFP
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Ray Payne
JeffLee
Well said and so true.
JeffLee
Too bad the US doesn't have a government that's willing to step in and actively protect its strategic industrial assets, like Japan has. Rather, US semiconductor makers and other strategic industries are up for grabs for the Japanese and Chinese.
That's how "globalization" works: protected markets are free to take over unprotected ones, while the billionaires pocket the profits.