Abstract
CHON S. (1997) Destroying the myth of vertical integration in the Japanese electronics industry: restructuring in the semiconductor manufacturing equipment industry, Reg. Studies, 31, 25-39. Segments of the Japanese electronics industry's vertically integrated industrial structure are becoming more disintegrated and market dependent. This paper uses recent changes in the Japanese semiconductor equipment industry to examine what caused this disintegration in one of the most technologically advanced segments of the Japanese electronics industry. The findings suggest that, as the technological advances in the semiconductor equipment industry pushed the limits of the existing technology, the exclusive advantages that the Japanese DRAM producers had as a result of closely linking the know-how in DRAM manufacturing to equipment production were undermined by other economic changes in the industry. The factors affecting the structural changes towards vertical disintegration in the equipment industry include: (1) ...
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