Where the plant is

This is every dollar of property the companies I track disclose by country. Each tile is one country and its area is that country's share, so the picture is the answer rather than a decoration on top of it.

Shading is the value of property, plant and equipment held in each country, on a square root scale so the countries below the top two are still distinguishable. Grey means no company I track discloses property there. Singapore and Hong Kong are drawn as circles because at this map scale they have no outline of their own. French Guiana is part of France and is drawn unshaded, because the French figure I hold is not disclosed as being there. Hovering anything gives the figure.

A shaded map answers where, and it is poor at how much. Taiwan and the United States hold 72 percent of this between them, and no colour ramp conveys a gap that size. So the same numbers are below as areas, where a tile twice the size means twice the property.

The same figures as areas. Each tile is one country and its area is that country's share, so the eye compares quantities directly rather than colours. The smallest tiles are unlabelled because there is no room, and they are all in the table below.

The two together are the point. The shaded map tells you Ireland is dark and Russia is grey. The tiles tell you Ireland holds more than Japan, Germany and Korea combined, which the map cannot, because Ireland is small and Russia is enormous and neither fact has anything to do with semiconductors.

Every country, with what else is known about it

Property is disclosed by 30 companies. Capacity and headcount are not. Where a column is blank, nobody I track discloses that figure for that country, which is not the same as the figure being zero.

#	Country	Property, $M	Share	Companies	Fabs	Capacity, wafers a year	People	Largest holders
1	Taiwan	$131,614M	36.6	14	8	3,232,107	150,625	TSM 94,188, MU 18,965, ASX 10,123
2	United States	$129,209M	35.9	27			10,980	INTC 71,158, TSM 16,396, TXN 8,764
3	Ireland	$17,771M	4.9	2				INTC 17,120, ADI 651
4	Singapore	$16,414M	4.6	8	1	686,484	936	MU 10,669, UMC 3,745, STM 1,258
5	Israel	$12,190M	3.4	4				INTC 10,620, NVDA 1,471, KLAC 55
6	Japan	$11,369M	3.2	7	1	477,204	2,928	MU 7,038, TSM 3,564, TXN 327
7	China	$7,647M	2.1	14	2	822,267	23,422	TSM 1,974, ASX 1,852, UMC 950
8	Netherlands	$4,394M	1.2	2				STM 4,073, NXPI 321
9	Malaysia	$2,658M	0.7	8			2,880	MU 1,124, STM 417, SNDK 398
10	Italy	$2,631M	0.7	1			12,645	STM 2,631
11	Korea	$1,634M	0.5	5			3,055	ON 1,175, LRCX 300, ENTG 134
12	France	$1,537M	0.4	2			13,614	STM 1,496, MTSI 41
13	United Kingdom	$649M	0.2	2			4,069	ARM 628, COHR 21
14	Philippines	$628M	0.2	3			818	ADI 433, ON 170, COHR 25
15	Thailand	$543M	0.1	3				ADI 264, NXPI 178, MCHP 102
16	India	$452M	0.1	2			1,829	MU 449, RMBS 2
17	Czech Republic	$398M	0.1	1			155	ON 398
18	Germany	$218M	0.1	2			938	COHR 189, NVMI 29
19	Vietnam	$198M	0.1	2			2,305	ON 133, COHR 66
20	Canada	$142M	0.0	1				AMD 142
21	Hong Kong	$116M	0.0	2				NXPI 115, CRDO 1
22	Denmark	$96M	0.0	1				TER 96
23	Sweden	$51M	0.0	1				COHR 51
24	Switzerland	$50M	0.0	1				COHR 50
25	Australia	$9M	0.0	1				COHR 9
	not attributed	$17,317M	disclosed only as Other, Rest of Asia or a similar region

What this map is not

It is a map of where the capital sits, not a map of what that capital produces. Property is carried at cost less depreciation, so a fully depreciated fab running at capacity can show a small book value while a half built one carries its full cost and ships nothing. The measure flatters whoever is building and penalises whoever is running.

Capacity appears for only four countries, because UMC is the single company I track that publishes capacity fab by fab. TSMC and GlobalFoundries give a company total and no geographic split, so their capacity is deliberately absent here rather than estimated. The same goes for headcount, which comes from the eight companies whose filings require it.

Not all property is a fab, and not all fabs are equal. A wafer of 3 nanometre logic and a wafer of 90 nanometre analog count the same in every figure on this page, and they are not substitutable at any price. Only two companies disclose enough to tell them apart, which I wrote up separately.

ASML is missing from every total because it reports in euro, and a euro figure inside a dollar column is the same class of mistake as getting the units wrong.