Chips will stay in Asia even as West seeks to go back to the future
Stefan Angrick is a senior economist and associate director with Moody's Analytics in Tokyo.
In the 1990 film "Back to the Future III," protagonist Marty McFly finds himself stranded in 1955, desperately trying to repair his time-travelling DeLorean so he can return to 1985. When he pulls a faulty circuit from the car, his 1955-native companion Emmett "Doc" Brown quips, "No wonder this circuit failed, it says, 'Made in Japan.'" Marty's response: "What do you mean Doc? All the best stuff is made in Japan." A stunned Doc mutters, "Unbelievable."