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SIA Blog

Trade Panel Finds TPP Would Boost U.S. Economy, Create Jobs

Posted by John Neuffer, President & CEO on May 19, 2016 4:00:00 PM

The U.S. International Trade Commission (ITC) has found what SIA has long held: the Trans-Pacific Partnership (TPP) would strengthen U.S. economic growth, increase U.S. exports, and create U.S. jobs.

In a report released yesterday, the ITC found by 2032 the TPP would increase U.S. annual real income by $57.3 billion, boost U.S. GDP by $42.7 billion, and create 128,000 U.S. jobs. Additionally, U.S. exports to TPP countries would grow by $57.2 billion (5.6 percent), while U.S. imports from those countries would increase by $47.5 billion (3.5 percent). Other analyses, including one by the nonpartisan Peterson Institute, have found even more significant economic benefits of implementing the TPP.

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Topics: trade, TPP

High-Performance Computing Critical to U.S. Innovation, Competitiveness

Posted by Dustin Todd, Director of Government Affairs on May 10, 2016 11:30:00 AM

From curing diseases and making passenger jets safer to improving weather forecasts and developing new advanced manufacturing techniques, high-performance computing (HPC) enables countless breakthroughs that keep America strong, safe, competitive, and at the leading edge of innovation. A new report by the Information Technology & Innovation Foundation (ITIF) examines the many critical applications of HPC and calls on Congress and the Administration to advance policies that support it.    

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Topics: technology, research, high-performance computing

Tech Weighs in on Presidential Agenda

Posted by John Neuffer, President & CEO on May 4, 2016 7:00:00 PM

As the presidential election year comes into sharper focus this week, the tech community is weighing in with the priorities it believes should be central to the public debate in the months ahead – priorities that are critical to sustaining a strong America and a strong American economy.

In an open letter sent today to the presidential candidates, SIA and the heads of 12 other tech associations representing thousands of U.S. companies and their employees wrote that “a central challenge of our time must be leveraging our strengths to expand opportunities and better prepare more citizens for the opportunities ahead.” To help meet this challenge and to ensure America remains at the forefront of economic and technological leadership, the associations attached to the letter a Technology Sector Presidential Platform that sets forth a series of policy recommendations. They are meant to:

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Topics: immigration, IP, tax, trade, research, patents, TPP

Beyond Borders: The Evolution and Importance of the Global Semiconductor Value Chain

Posted by Devi Keller, Director, Global Policy on May 4, 2016 11:30:00 AM

Few industries, if any, feature a value chain as complex, geographically dispersed, and intensely interconnected as that of the semiconductor industry. This highly globalized and interdependent structure has been an amazing success story, benefitting the semiconductor industry, participating countries, and the global economy.

These benefits, as well as the risks of an insular approach to developing a semiconductor capability, will be key topics at a panel discussion hosted by SIA and the Information Technology & Innovation Foundation (ITIF) this Friday, May 6, at 12:00 p.m. EDT (REGISTER HERE). Event participants, including SIA President & CEO John Neuffer, will also announce the findings of a new report outlining the evolution and importance of the global semiconductor value chain.

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Topics: trade, TPP

TPP Would Strengthen America’s Global Standing

Posted by John Neuffer, President & CEO on May 2, 2016 12:30:00 PM

Trade has been a frequent and heated topic of debate in the presidential campaign, including the economic impacts of the Trans-Pacific Partnership (TPP) agreement. Too often lost in the political rhetoric is this simple truth – the TPP would not only strengthen the U.S. economy but also America’s position of leadership in the world. A bipartisan group of eight former secretaries of defense recently sent a letter to Congress urging support for the TPP and emphasizing its significance for America’s global position:

“The TPP will deepen relationships with allies in the Asia-Pacific region, strengthen the U.S. economy, establish high standards that mirror U.S. interests and values, and contribute to a safer world for ourselves, our children, and our grandchildren … The United States cannot and should not fall behind on the world stage.”

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Topics: trade, TPP

Senate Committee Considers Risks of Counterfeits

Posted by David Isaacs, Vice President, Government Affairs on Apr 27, 2016 4:30:00 PM

The Senate Judiciary Committee today convened a hearing to assess the risks to public health and safety posed by counterfeit products. The hearing covered the full range of counterfeit products, including consumer products, health and personal care products, and pharmaceuticals. While counterfeit semiconductors were not a focus of the hearing, the risks posed by counterfeit semiconductors, including infiltration of counterfeits in the military supply chain, were referenced by Chairman Grassley (R-IA) and the Director of the National Intellectual Property Rights Coordination Center of U.S. Immigration and Customs Enforcement. 

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Topics: IP, anti-counterfeiting

Senate Votes to Protect Trade Secrets; House Should Follow Suit

Posted by David Isaacs, Vice President, Government Affairs on Apr 4, 2016 6:00:00 PM

The Senate today unanimously approved bipartisan legislation to strengthen the protection of trade secrets. Trade secrets are valuable intellectual property critical to continued growth and innovation in the semiconductor industry and across the U.S. economy. The Defend Trade Secrets Act of 2015 (S.1890) would provide owners of trade secrets with new legal tools to prevent the theft of trade secrets. SIA commends the Senate for passing this needed legislation and urges the House to promptly pass its bill (H.R. 3326).  

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Topics: IP, patents, trade secrets

The 2016 SIA Factbook: Your Top Source for Semiconductor Data

Posted by Falan Yinug, Director, Industry Statistics and Economic Policy on Apr 1, 2016 12:30:00 PM

Did you know global semiconductor industry sales reached $335 billion in 2015? Did you know the U.S. semiconductor industry maintained market share leadership with 50 percent of the global market in 2015? Did you know semiconductors were America’s third-leading manufactured export in 2015, behind only airplanes and automobiles? These facts and many others are now available for free download in the 2016 SIA Factbook

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Topics: market, statistics, data

What End-Use Applications Drove Semiconductor Sales in 2015?

Posted by Falan Yinug, Director, Industry Statistics and Economic Policy on Mar 31, 2016 2:00:00 PM

Communications (34.1 percent of total sales) and PCs/computers (29.7 percent) remained the top semiconductor markets by end-use in 2015, according to the recently released World Semiconductor Trade Statistics (WSTS) Semiconductor End-Use Report. The report breaks down sales by end-use and regional end-market for a wide variety of semiconductor products. The figure below shows the six major semiconductor end applications’ share of total semiconductor sales for 2015.

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Topics: market, statistics, data

Don’t Write Off the Innovation Box

Posted by Joe Pasetti, Director, Government Affairs on Mar 22, 2016 11:00:00 AM

Jason Furman, Chairman of the President’s Council of Economic Advisers, recently stated the Obama Administration believes “…adopting an innovation box would move tax policy in the wrong direction, increasing complexity and cost without a commensurate boost to innovation.” We, however, believe it’s premature to write off the innovation box, which provides a lower tax rate on income related to intellectual property (IP). SIA has supported an innovation box as a component of comprehensive tax reform to make the U.S. tax system more competitive with those in foreign nations. 

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Topics: IP, tax