Comments by "115islands Compass" (@115islandscompass6) on "Japan and the Worst YEN CRISIS in 20 years - VisualPolitik EN" video.
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Hahaha What an anti-Japan PROPAGANDA!!
Well, China is certainly the top export destination for Japan, because China buys so many electronic device parts, manufacturing equipment, etc. from Japan. Western and Japanese companies that had production plants due to the cheap labor force in China will relocate their plants to India, Vietnam and etc. or their own country after decoupling. However, Japanese parts and manufacturing equipment will still be needed at the new location, so they will continue to be purchased. Therefore, the slowdown of the Chinese economy is not equal to the fact that Japan's export profits will be zero.
On the contrary, I think the current depreciation of the yen and the appreciation of the dollar are good timings.
Due to the trade war between the United States and China, developed countries are now trying to get the lowest line supply of the semiconductor industry from a security perspective. In other words, developed countries are now trying to build semiconductor manufacturing plants in each country or neighboring countries.
Most of Japan's semiconductor manufacturing industry (chip foundries) was crushed by the United States in the late 1980s and 1990s. However, Japanese companies still have a very high global market share in the semiconductor manufacturing equipment/ machine and materials industry. For the time being, these Japanese chip manufacturing facilities and materials will continue to be needed more than usual. It goes without saying that the depreciation of the yen in this case will bring more profits to these Japanese companies.
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