THE American semiconductor industry is now healthy enough to spurn government handouts.
Last year,
the American semiconductor industry regained its lead in the market, which it lost in the mid-1980s.
Guy Smith: Is there any movement with inside
the American semiconductor industry to try to bring more of the work home?
Not exact matches
Next month, the Treasury Department is expected to release a plan to further restrict Chinese investment in
American companies, including
industries such as
semiconductors and artificial intelligence that are sensitive for national security reasons.
China has been able to dominate global
industries like steel, aluminum and solar panels in the past, and
American trade advisers say it is tipping the playing field for
industries of the future, including
semiconductors, robotics, cloud computing, electric vehicles and biotechnology.
These tactics have enabled the Chinese to dominate global
industries like steel, aluminum and solar panels, and
American trade advisers say they are currently tipping the playing field for
industries of the future, including
semiconductors, robotics, cloud computing, electric vehicles and biotechnology.
Japanese electronics manufacturers also established a strategic foothold in the burgeoning computer hardware
industry, virtually monopolizing the market for
semiconductor chips, circuit boards and other computer components — nearly everything except for CPU chip production, which was still dominated by
American companies.
Alibaba's co-founder, Jack Ma, has also echoed this sentiment: specifically noting China's
semiconductor industry, which is much smaller than its
American counterpart, as a key area for further development.