The East Asian Electronics Sector: The Roles of Exchange Rates, Technology Transfer, and Global Value Chains

The lion's share of smartphones, computers, televisions, semiconductor devices, and other electronics goods is made in East Asia. Final electronics goods are assembled in China, and sophisticated parts and components (P&C) such as semiconductor chips, image sensors, and ceramic filters in upstream Asian economies such as Japan, South Korea, and Taiwan. How did Asia become the center of electronics manufacturing? How did learning take place that allowed Asian workers to produce cutting-edge ...