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Friday, 26 February 2021 18:28

Semiconductor Industry Welcomes President Biden’s Executive Order on Critical Supply Chains

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The Semiconductor Industry Association (SIA) on Feb. 24 released the following statement from Bob Bruggeworth, president, CEO and director of Qorvo and 2021 SIA board chair, regarding President Joe Biden’s executive order calling for a review of supply chains of critical products, including semiconductors.

SIA represents 98% of the U.S. semiconductor industry by revenue.

 

“We welcome today’s executive order and stand ready to work with the Biden administration to ensure the strength and resilience of America’s semiconductor supply chains," Bruggeworth said. "As part of this effort, we urge the president and Congress to invest ambitiously in domestic chip manufacturing and research.

 

"Doing so will ensure more of the chips our country needs are produced on U.S. shores, while also promoting sustained U.S. leadership in the technology at the heart of America’s economic strength and job creation, national security and critical infrastructure.”

 

The share of global semiconductor manufacturing capacity in the U.S. has decreased from 37% in 1990 to 12% today. This decline is largely due to substantial subsidies offered by the governments of global competitors, which have placed the U.S. at a competitive disadvantage in attracting new construction of semiconductor manufacturing facilities, or “fabs.” 

 

Additionally, federal investment in semiconductor research has been flat as a share of GDP, while other governments have invested substantially in research initiatives to strengthen their own semiconductor capabilities.

 

Recognizing the critical role semiconductors play in America’s future, Congress recently enacted...


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