History is always strikingly similar.

Back then, Japan controlled 80% of global memory; the U.S. forcibly boosted the yen plus a semiconductor agreement directly cut its backbone, ushering in the “lost three decades.”
Now Samsung and SK hynix monopolize memory and HBM, and the U.S. is also using subsidies to force production capacity to move to America, squeezing Chinese factories and heavily supporting Micron.
Will South Korea end up treading in Japan’s footsteps?