What I mean is that companies making chips sell worldwide. They do not care whether the customers are on the same continent as they are or not. It just does not matter.
That is a normal development as the cost of labor goes up. Then labor moves where the costs are lower. Eventually, this movement begins to encompass higher levels of the value addition chain such as engineering and quality control. If the tax laws become too onerous it will also include headquarters or the whole chebang is sold to some company that's already established abroad.
Not really, except for the new name. Philips does not produce TV sets in Europe anymore because the cost there is too high. But the still do ICs, except it's now called NXP and production is also gradually moving to Asia. Many of the IC suppliers from yesteryear such as ST are still there. Yeah, Siemens ICs are now Infineon but that doesn't matter much. They don't produce TV sets anymore but they do produce ICs for them.