No Country or Enterprise Can ‘Go It Alone’ in Semiconductors, Reports ITIF
The U.S. needs to increase funding to support “collaborative, pre-competitive R&D” in the semiconductor industry and offer “incentives” for boosting domestic production, said the Information Technology and Innovation Foundation Thursday. It should invite participation of semiconductor enterprises “headquartered in like-minded…
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nations,” said ITIF. The increasing cost, complexity and scale required to innovate and manufacture semiconductors “means that no single nation or enterprise can go it alone,” it said. “In the face of challenges from China, allied cooperation in semiconductors is critical.” China views the semiconductor sector as the linchpin of its digital development and "broadest-scale economic growth plans,” said ITIF. It has shown it’s willing to use “every tool at its disposal in its efforts to develop a world-class semiconductor industry,” it said.