Before we attempt an assessment of the Semiconductor supply chain process and the $52 billion investment by Congress possibly on production facilities and a 25% tax benefit for semiconductor manufacturers let us look at a few numbers out of China and in the US right at the offset and the beneficiaries in the Semiconductor space: In 2019, total announced Chinese investments in fabs exceeded $215 billion; this has gone up significantly over the last couple of years given China’s interest to develop competencies and reduce reliance on US, South Korea and Taiwan. Industry estimates that government financed fabs in China could number 70 or more by 2023 compared with roughly two dozen now.
US losing the Semiconductor Game?
US losing the Semiconductor Game?
US losing the Semiconductor Game?
Before we attempt an assessment of the Semiconductor supply chain process and the $52 billion investment by Congress possibly on production facilities and a 25% tax benefit for semiconductor manufacturers let us look at a few numbers out of China and in the US right at the offset and the beneficiaries in the Semiconductor space: In 2019, total announced Chinese investments in fabs exceeded $215 billion; this has gone up significantly over the last couple of years given China’s interest to develop competencies and reduce reliance on US, South Korea and Taiwan. Industry estimates that government financed fabs in China could number 70 or more by 2023 compared with roughly two dozen now.