US chip companies see China as a valuable market despite potential risks

ShortagesHot SpotsElectric VehiclesHigh Tech / High TouchTrade & Border Issues
Written By Jennifer Joslyn

🇨🇳 US chip companies see China as a valuable market despite potential risks.

The Semiconductor Industry Association, a major US industry group, wants clear rules from the Biden administration regarding investment restrictions for chip companies in China. The association believes China is its biggest market and they need access to it, despite the US government's national security concerns. The administration is preparing to solicit bids from chip companies that want to build semiconductor manufacturing plants in the US. Rules will be proposed regarding what kinds of investments the companies can make in China.

Read more from AJOT ▶

Featured
Major Investment in Texas Samsung Chip Manufacturing by Biden Administration
Major Investment in Texas Samsung Chip Manufacturing by Biden Administration

The Biden administration has committed up to $6.4 billion to help Samsung Electronics set up a major computer chip manufacturing hub in Texas.

TSMC Expands to Japan to Diversify Supply Chains Amid Trade Tensions
TSMC Expands to Japan to Diversify Supply Chains Amid Trade Tensions

Taiwan Semiconductor Manufacturing Company (TSMC) recently inaugurated its inaugural chip plant in Japan, a move aimed at diversifying its supply chains amidst escalating trade tensions between the U.S. and China.

Recogni Raises $102M for AI Chip Technology in Autonomous Vehicles
Recogni Raises $102M for AI Chip Technology in Autonomous Vehicles

Recogni Inc., an AI startup specializing in technology for self-driving cars, recently secured $102 million in funding.

US Commerce Secretary Voices Alarm Over China's Chip Breakthrough Amid Huawei Concerns
US Commerce Secretary Voices Alarm Over China's Chip Breakthrough Amid Huawei Concerns

Commerce Secretary Gina Raimondo's got her eyebrows raised about China's chip wizardry, and she's saying Uncle Sam won't sit back.

Just weeks after being banned from selling chips to China, Micron pledges a $600 million investment in the country
Just weeks after being banned from selling chips to China, Micron pledges a $600 million investment in the country

Micron Technology Inc. has announced a significant investment of $602 million in its chip-packaging plant in China, despite recent restrictions imposed by the Chinese government on the use of its semiconductors.

China Implements Ban on Micron Chip Purchases
China Implements Ban on Micron Chip Purchases

Micron Technology, a prominent global manufacturer of memory chips, holds a significant position in the production of crucial components like DRAM (Dynamic Random Access Memory) and NAND flash memory.

US chip companies see China as a valuable market despite potential risks
US chip companies see China as a valuable market despite potential risks

The Semiconductor Industry Association, a major US industry group, wants clear rules from the Biden administration regarding investment restrictions for chip companies in China.

China’s global chip combination will weaken as South Korea pivots toward Japan & US
China’s global chip combination will weaken as South Korea pivots toward Japan & US

South Korea is aligning with the United States and Japan, which could lead to greater cooperation and coordination among these countries in the development and production of advanced semiconductor technologies.

Chip manufacturing is the most vulnerable supply chain in the world
Chip manufacturing is the most vulnerable supply chain in the world

Economic historian Chris Miller, a professor at Tufts, is tackling the challenges associated with the semiconductor industry with their new book, "Chip War: The Fight for the World's Most Critical Technology”.

With federal money on the table, semiconductor industry is battling it out
With federal money on the table, semiconductor industry is battling it out

The US semiconductor industry is starting to stir as the $52 billion in subsidies from the CHIPS act sits on the table.

The Netherlands isn’t submitting to the United States’ chip industry interests
The Netherlands isn’t submitting to the United States’ chip industry interests

Dutch officials have refused the White House’s not-so-subtle attempts to curtail The Netherlands’ sale of chipmaking equipment to China.

Dependence on Taiwan-made semiconductor chips is hurting the U.S.
Dependence on Taiwan-made semiconductor chips is hurting the U.S.

Around 65% of the global semiconductor supply is originating from Taiwan - another 90% when it comes to the smallest type of semiconductor chip.

China currently has the largest reserves of rare earth on the planet
China currently has the largest reserves of rare earth on the planet

Not only that, but they are also in the top slot for rare earth concentrate production and control up to 90% of the semiconductor chip global manufacturing supply chain.

Skepticism is growing over “zero-emissions” claims
Skepticism is growing over “zero-emissions” claims

There are many questions being posed for automakers rallying around zero-emissions vehicles.

The Netherlands and the U.S. want to restrict China’s access to advanced chip technology machines
The Netherlands and the U.S. want to restrict China’s access to advanced chip technology machines

The two nations arranged a meeting between Senior US National Security Council official Tarun Chhabra and Under Secretary of Commerce for Industry and Security Alan Estevez, and they are scheduled to discuss the matter later this month.

U.S. cannot rely on The CHIPS Act for semiconductors for quite some time
U.S. cannot rely on The CHIPS Act for semiconductors for quite some time

The CHIPS Act cannot be the only step for U.S. semiconductor world domination.

Critics of CHIPS Act warn it won’t fix the problem immediately - or ever
Critics of CHIPS Act warn it won’t fix the problem immediately - or ever

The CHIPS Act probably won’t solve the looming semiconductor problem.

Intel chip plants need construction workers, and fast
Intel chip plants need construction workers, and fast

With all the talk about electric vehicles and enhancing supply chains, the demand for chipmaking has never been greater.

Global chip manufacturing roadblocks show no mercy
Global chip manufacturing roadblocks show no mercy

The global chip manufacturing industry can’t seem to catch a break.

Jennifer Joslyn
Previous

Volvo plans to triple its electric vehicle dealership locations in one year
Next

One-Third of Shipping Industry Struggling with Transition to Sustainable Fuels