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#Economic Security

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Kumamoto Earthquake 2026 and Semiconductors: The Chokepoint Wasn't TSMC

The July 28, 2026 Kumamoto earthquake hit shindo 7 and stopped chip plants run by Renesas, Sony, Mitsubishi Electric, TSMC's JASM and Tokyo Electron. The fab the world watched was not the real chokepoint: a coater/developer plant with roughly 90 percent of the world market was.