Semiconductors with American specifications
The United States is striving to achieve complete autonomy in the manufacture of chips, especially since the country's share in
world production in 2021 was only 12%, over the next three years it may even fall to 9%. American giants Intel, Apple, NVIDIA, AMD, Micron, Broadcom, Qualcomm and Texas Instruments remain the owners of patents and intellectual property rights, and develop technological, ergonomic and design solutions, although they traditionally prefer to place production in East Asian countries. However, the prospect of supplies no longer arriving from the island of Taiwan, which is the world's "semiconductor centre", is of particular concern to Washington.
The US lack of industrial capacity and the country’s general shortage of electronic chips, in the context of a complex confrontation with China, eventually forced the country’s leaders to include this issue in the sphere of national security. In particular, in March 2022, President Biden spoke about semiconductors as a critical national security problem, because America is forced to spend heavily on acquiring high-tech products abroad. The authorities have taken a number of steps to improve the regulatory framework, including the adoption of laws creating favourable opportunities for the production of semiconductors for the needs of the United States, including the Creating Helpful Incentives to Produce Semiconductors for America Act, the Innovation and Competition Act (USICA) and some others. The White House and the Senate have not yet agreed on the details of these documents, but the general idea is to allocate about $52 billion to subsidise the industry. At the same time, Intel CEO Patrick Gelsinger,
is strongly opposed to the financing of foreign companies and proposed only including companies "with American roots" in the list of potential recipients of funds. However, it is unclear whether The Taiwanese company TSMC and the South Korean multinational Samsung, which
plan to open factories in and , respectively, as early as in 2024 have enough American roots to qualify.
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White House report about the vulnerability of supply chains argues that the private sector is able to eliminate the shortage of semiconductors on its own, and the task of the government is to provide all possible assistance, avoiding excessive intervention. However, a reasonable question arises - who will determine the degree of usefulness of a particular company for the nation? Today, solutions in the field of development and the
production of semiconductors in the United States are actually accepted by politicians and military and intelligence agencies, which casts doubt on the commercial viability of all the initiatives. In particular, the level of regulation, the tax burden, and the cost of labour in the country are significantly higher than abroad, which reduces the competitiveness of products manufactured in the US and leads to financial losses.
Consulting agencies estimate the cost of opening and operating a chip and circuit manufacturing plant in the US for 10 years will exceed that for Taiwan or the Republic of Korea by a third, and in China such a project will cost less than a half. There is no guarantee that Made in USA semiconductors will be cheaper or better than foreign analogues. Taking into account the estimates of
commercial structures about the shift of the centre of semiconductor production to China and the countries of Southeast Asia in the near future, the level of national security, which has caused extreme worry in Washington, will decrease even more.
In addition, experts warn that diversifying and protecting value chains is not the same as transferring foreign experience, copying advanced designs and terminating any cooperation.