Thursday, July 30, 2020

A Critical Opportunity for US Semiconductor Competitiveness

In 2001, there were 130 leading-edge semiconductor companies — many in the U.S., providing hundreds of thousands of high-tech, high-wage jobs. However, the industry has shrunk due to the soaring complexity, cost and investment required to stay on the leading edge. Today, only Intel, Samsung and TSMC are truly advancing semiconductor manufacturing technology. Among them, only Intel is a U.S. firm. According to the Semiconductor Industry Association (SIA), the U.S. now accounts for just 12% of global capacity, with more than 80% of semiconductor production taking place in Asia.