Samsung of South Korea already has multiple leading-edge fabs in South Korea and Austin, Texas. Remember when Tim Apple defended their Chinese outsourcing prac

Samsung of South Korea already has multiple leading-edge fabs in South Korea and Austin, Texas. Remember when Tim Apple defended their Chinese outsourcing practices, claiming that the engine of the iPhones were made in America in a rare CBS interview years ago? Tim Apple switched to TSMC in Taiwan shortly after that. The company also announced a plan to spend $110+B in capex over next 10 years to expand their busines. Japan really has no presence in this business. Japanese automotive chip makers like Renesas had fabbed chips in-house, but decided to outsource everything to TSMC back in 2018. In fact, most automotive chip makers, such as Infineon and NXP also use TSMC -- the company has something like 70% of the market share. Now, the real issue here is that the automotive chip business is fairly low-tech and low-margin business. TSMC has been around and has been making MCUs used in cars for a long time, but it seems others are less willing to jump in b/c it's going to take years to recoup their investment.