U.S. Industry Association Cheers Congress For Advancing Semiconductor Legislation
China May Have Head Start on Chip Making Due to Trade War
November 19, 2021--This week, the U.S. Congress advanced legislation that would boost the U.S.-production of semiconductors. It comes amid concern that while Western industry feels the pinch of the global semiconductor shortage, the Chinese government may be better positioned than others to ramp up production.
Last year, the Trump Administration blocked semiconductor sales by American companies and the companies with which they do business to China in the name of national security.
Photo by Jonas Svidras on Unsplash
China's Government Produces Chips
Washington, D.C.-based data analysis firm Sayari Graph reports the Chinese government owns 13 percent of that nation’s semiconductor firms. There are more ...