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SIA Blog

SIA Welcomes White House Report on Sustaining U.S. Semiconductor Leadership

Posted by John Neuffer, President & CEO on Jan 6, 2017 11:00:00 AM

SIA today welcomed the release of a new report by the President’s Council of Advisors on Science & Technology (PCAST) Semiconductor Working Group outlining the strategic importance of the U.S. semiconductor industry and the challenges that must be overcome to ensure continued U.S. leadership of semiconductor technology. SIA thanks the distinguished members of the PCAST Semiconductor Working Group for their diligence in developing this report.

We completely agree with the report's assertions that: 1) “The only way to retain leadership is to outpace the competition,” and 2) “to maintain a strong and globally competitive semiconductor industry, the United States needs an economic and policy environment that fosters innovation and keeps the U.S. industry at the technological frontier.” To that end, the report suggests a number of policy prescriptions aimed at doubling down on funding for basic research critical to innovation, reforming corporate tax laws, and growing the talent pool. To advance this work, the report recommends a three-pillar strategy, as highlighted in the accompanying letter to the President from PCAST co-chairs John Holdren and Eric Lander, to “(i) push back against innovation-inhibiting Chinese industrial policy, (ii) improve the business environment for U.S.-based semiconductor producers, and (iii) help catalyze transformative semiconductor innovation over the next decade.”

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Topics: trade, research

Government, Industry Leaders Discuss Steps to Strengthen U.S. Semiconductor Industry

Posted by Jimmy Goodrich, Vice President, Global Policy on Nov 2, 2016 4:30:00 PM

Commerce Secretary Penny Pritzker today gave a major policy address highlighting the strength and strategic importance of the U.S. semiconductor industry and outlining steps needed to ensure the industry remains strong and globally competitive. Following her remarks, SIA President & CEO John Neuffer and others continued the conversation with a panel discussion on the critical importance of the semiconductor sector to U.S. competitiveness and innovation.

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Topics: trade, research, china

New White House Group to Tackle Semiconductor Industry Challenges: Commerce Secretary Pritzker to Discuss Future of Industry on Wednesday

Posted by John Neuffer, President & CEO on Oct 31, 2016 3:30:00 PM

The President’s Council of Advisors on Science & Technology (PCAST) today announced the launch of a new Semiconductor Working Group that will provide recommendations to PCAST to consider in its report to the President regarding current challenges facing the semiconductor industry, including the rapid rise of semiconductor capabilities abroad.

SIA welcomes this timely announcement, given new challenges facing the U.S. semiconductor industry, including unprecedented government investment programs from some countries and the increasing technological complexity involved in achieving new innovation breakthroughs. These developments have implications not only for the economy and society, but also national security. In fact, SIA earlier recommended the Administration form a public-private advisory group to help guide government policy related to improving the competitiveness of the U.S. semiconductor industry.

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Topics: trade, research

Tech Doubles Down on TPP

Posted by John Neuffer, President & CEO on Sep 13, 2016 5:45:00 AM

Throughout the many months of heated political rhetoric on trade this election cycle, one constant has been the unwavering and full-throated support from America’s most innovative companies for the Trans-Pacific Partnership (TPP), a landmark agreement that would tear down numerous barriers to trade with Pacific Rim countries. SIA and a coalition of tech leaders today reaffirmed their support for the TPP in a letter to congressional leaders, urging Congress to approve it before the end of the year.

The TPP would benefit the tech sector, the U.S. economy, and consumers the world over, and Congress should act swiftly to get it across the goal line in 2016.

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Topics: trade, TPP

Global Deal to Slash Tech Tariffs Goes into Force, but with a Hitch

Posted by John Neuffer, President & CEO on Jul 1, 2016 6:00:00 AM

After more than four years of often turbulent negotiations to expand the Information Technology Agreement (ITA), tariffs on roughly $1.3 trillion in trade in tech products finally start marching to zero today. All in, the agreement will boost the global economy by an estimated $190 billion annually, spur productivity in developing and developed economies, and support an additional 60,000 American jobs.

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Topics: trade, ITA

Secretary Clinton’s Tech Platform Highlights Key Semiconductor Priorities

Posted by David Isaacs, Vice President, Government Affairs on Jun 28, 2016 5:30:00 PM

Former Secretary of State Hillary Clinton today unveiled a set of policy initiatives aimed at bolstering U.S. technology and innovation leadership. SIA welcomes attention from the presidential candidates on policies to strengthen the semiconductor industry and the broader tech sector. Secretary Clinton’s plan embraces a number of the semiconductor industry’s longstanding priorities, including the following:

1) Increasing the research budgets of federal agencies like the National Science Foundation, the Department of Energy, and DARPA;
2) Reforming America’s outdated high-skilled immigration system;
3) Rebuilding U.S. leadership in high-performance computing;
4) Continuing key reforms of the U.S. export control system; and
5) Expanding investments in STEM education programs.

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Topics: immigration, trade, research, export, STEM, exports

The World Semiconductor Council: 20 Years of Promoting Innovation through Free Trade

Posted by Devi Keller, Director, Global Policy on Jun 9, 2016 11:30:00 AM

The world’s leading semiconductor industries celebrated the 20th anniversary of the establishment of the World Semiconductor Council (WSC) on May 27 in Seoul, Korea. The WSC grew out of the 1996 U.S.-Japan Agreement on International Cooperation Regarding Semiconductors and today brings together senior executives from six semiconductor-producing regions – China, Chinese Taipei, EU, Japan, Korea, and the U.S. – to promote free and open world trade and to address issues of common concern to chipmakers everywhere. 

Leaders from the six regions at the 20th annual WSC meeting.
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Topics: trade, WSC

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

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