Recently, in order to assess the impact of Sino-US trade friction and "decoupling" on major industries in the United States, SIA (American Semiconductor Industry Association) commissioned and sponsored an independent study by the American Chamber of Commerce and Rhodium Group. The report publicly expressed concerns about "the United States' excessive export controls on China."
The report’s conclusions indicate that decoupling from China in the semiconductor industry will cost US semiconductor companies up to $124 billion in revenue, resulting in a reduction of R&D and capital expenditures of $12 billion and $13 billion, respectively, and result in the loss of more than 100,000 jobs in the US semiconductor industry. .
On February 17, local time, at the invitation of the American Chamber of Commerce, SIA President and CEO John Neuffer attended the online report conference organized by the American Chamber of Commerce.
Neuffer pointed out that China is the largest and fastest growing market in the semiconductor industry. Excessive unilateral export control restrictions may cause losses to the US semiconductor industry.
Neuffer said that the United States’ long-term solution to competition from China should focus on increasing US federal R&D investment in the semiconductor industry as a priority. The common goal of Chinese and American semiconductors is to establish and maintain an open ecosystem and promote industry innovation and development. This goal requires more dialogue and communication between China and the United States.
SIA: Excessive unilateral export controls may harm the US semiconductor industry
Feb
02
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