The semiconductor industry has been in an export downturn, with combined exports from China, Japan, South Korea and Taiwan having fallen by 4.6% year over year in 2Q. China and Taiwan did best with a 17.1% and 3.3% improvement respectively. The CEO of Taiwan’s TSMC, C.C. Wei, has stated the firm has “passed the bottom of the cycle” and is seeing “demand increasing”. South Korean producers including Samsung Electronics meanwhile, who saw a 23.5% slump in the past three months, may continue to struggle given an export embargo of key chemicals by the Japanese government. There’s st...