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Samsung is the result of US's stripping of Japan's manufacturing power. Japan used to challenge US's hi-tech status in the 70s and 80s. US forced Japan signing the "Plaza Accord" and immediately Japan entered the "lost decade", and so the chip manufacturing power was strategically moved to Taiwan and S.Korea.

Now it's turn for China.

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One thing I don't understand is how US, Japan and S.Korea led high-tech outsourced manufacturing efforts in China. As far as I understand everything is hunky dory starting with _Good will_ from Deng, until China became world's manufacuting hub. Only then it became a huge issue. My question is didn't any one consider China's current rise in late 80's and early 90's when they started outsourcing manufacturing?

I think the idea was to let china do the dirty work of manufacturing and staying at that. That didn't work as we we can now see. And I'm blaming the west's confidence of conveniently outsourcing the production to China thinking they'll always be in control.

The "Plaza Accord" was an agreement between the US, France, Germany, Japan, the United Kingdom to depreciate the USD in 1985. USD deprecation was halted by the "Louvre Accord" in 1987

https://en.wikipedia.org/wiki/Plaza_Accord https://en.wikipedia.org/wiki/Louvre_Accord

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