PRESS RELEASE: Increase Semiconductor Manufacturing in the U.S.
SEMI Announces Support of CHIPS for America Act to Increase Semiconductor Manufacturing in the U.S.
MILPITAS, Calif. – June 12, 2020 – Facing a 50 percent decline in the U.S. share of global semiconductor manufacturing capacity over the past 20 years, Congress has introduced the Creating Helpful Incentives to Produce Semiconductors for America Act (CHIPS for America Act), highlighted by a federal investment tax credit (ITC) strongly supported by SEMI, the global industry association representing the electronics manufacturing and design supply chain. The bipartisan legislation would improve the competitiveness of semiconductor research, design and manufacturing in the United States, resulting in the creation of thousands of new jobs and bolstering national security.
Sponsored by Sen. John Cornyn (R-Texas) and cosponsored by Sens. Mark Warner (D-Va.), Jim Risch (R-Idaho), Kyrsten Sinema (D-Ariz.), and Marco Rubio (R-Fla.) in the Senate, and sponsored in the House by Rep. Doris Matsui (D-Calif.) and cosponsored by Rep. Michael McCaul (R-Texas), the Act’s 40 percent refundable federal ITC for semiconductor manufacturing facilities and equipment would quickly provide a significant, direct and transparent incentive to all companies investing in new and expanded semiconductor facilities in the United States.
“Semiconductors are the foundation of all electronics and information technology, and this vital supply chain accounts for approximately 240,000 high-skill and high-wage jobs nationwide,” said Ajit Manocha, president and CEO of SEMI. “SEMI members operate semiconductor supply chain facilities throughout the United States, with 25 states hosting at least one major facility. The ad-hoc incentive packages offered by some states have helped attract and sustain semiconductor manufacturing facilities, but individual governors and state economic development officials are often outmatched by whole-of-government initiatives from other nations. SEMI has long advocated for a tax credit to help level the playing field, and we strongly support the CHIPS for America Act to do so.”
While U.S.-headquartered companies account for nearly half of global semiconductor sales and world-leading market share positions in semiconductor manufacturing equipment, design software, and key materials, only 12 percent of global semiconductor manufacturing capacity is located in the U.S. The availability of robust incentives in other countries and the lack of a federal U.S. incentive have been key factors driving the location of semiconductor manufacturing facilities overseas. The CHIPS for America Act would be a significant step forward for the federal government to create incentives and public investments to support the semiconductor industry in driving innovation across sectors throughout the economy.
About SEMI
SEMI® connects more than 2,100 member companies and 1.3 million professionals worldwide to advance the technology and business of electronics design and manufacturing. SEMI members are responsible for the innovations in materials, design, equipment, software, devices, and services that enable smarter, faster, more powerful, and more affordable electronic products. Electronic System Design Alliance (ESD Alliance), FlexTech, the Fab Owners Alliance (FOA) and the MEMS & Sensors Industry Group (MSIG) are SEMI Strategic Association Partners, defined communities within SEMI focused on specific technologies. Visit www.semi.org to learn more, contact one of our worldwide offices, and connect with SEMI on LinkedIn and Twitter.
Association Contact
Samer Bahou/SEMI
Phone: 1.408.943.7870
Email: sbahou@semi.org
MILPITAS, Calif. – June 12, 2020 – Facing a 50 percent decline in the U.S. share of global semiconductor manufacturing capacity over the past 20 years, Congress has introduced the Creating Helpful Incentives to Produce Semiconductors for America Act (CHIPS for America Act), highlighted by a federal investment tax credit (ITC) strongly supported by SEMI, the global industry association representing the electronics manufacturing and design supply chain. The bipartisan legislation would improve the competitiveness of semiconductor research, design and manufacturing in the United States, resulting in the creation of thousands of new jobs and bolstering national security.
Sponsored by Sen. John Cornyn (R-Texas) and cosponsored by Sens. Mark Warner (D-Va.), Jim Risch (R-Idaho), Kyrsten Sinema (D-Ariz.), and Marco Rubio (R-Fla.) in the Senate, and sponsored in the House by Rep. Doris Matsui (D-Calif.) and cosponsored by Rep. Michael McCaul (R-Texas), the Act’s 40 percent refundable federal ITC for semiconductor manufacturing facilities and equipment would quickly provide a significant, direct and transparent incentive to all companies investing in new and expanded semiconductor facilities in the United States.
“Semiconductors are the foundation of all electronics and information technology, and this vital supply chain accounts for approximately 240,000 high-skill and high-wage jobs nationwide,” said Ajit Manocha, president and CEO of SEMI. “SEMI members operate semiconductor supply chain facilities throughout the United States, with 25 states hosting at least one major facility. The ad-hoc incentive packages offered by some states have helped attract and sustain semiconductor manufacturing facilities, but individual governors and state economic development officials are often outmatched by whole-of-government initiatives from other nations. SEMI has long advocated for a tax credit to help level the playing field, and we strongly support the CHIPS for America Act to do so.”
While U.S.-headquartered companies account for nearly half of global semiconductor sales and world-leading market share positions in semiconductor manufacturing equipment, design software, and key materials, only 12 percent of global semiconductor manufacturing capacity is located in the U.S. The availability of robust incentives in other countries and the lack of a federal U.S. incentive have been key factors driving the location of semiconductor manufacturing facilities overseas. The CHIPS for America Act would be a significant step forward for the federal government to create incentives and public investments to support the semiconductor industry in driving innovation across sectors throughout the economy.
About SEMI
SEMI® connects more than 2,100 member companies and 1.3 million professionals worldwide to advance the technology and business of electronics design and manufacturing. SEMI members are responsible for the innovations in materials, design, equipment, software, devices, and services that enable smarter, faster, more powerful, and more affordable electronic products. Electronic System Design Alliance (ESD Alliance), FlexTech, the Fab Owners Alliance (FOA) and the MEMS & Sensors Industry Group (MSIG) are SEMI Strategic Association Partners, defined communities within SEMI focused on specific technologies. Visit www.semi.org to learn more, contact one of our worldwide offices, and connect with SEMI on LinkedIn and Twitter.
Association Contact
Samer Bahou/SEMI
Phone: 1.408.943.7870
Email: sbahou@semi.org
Redigert 20.01.2021 kl 18:54
Du må logge inn for å svare
Takk for info deling, grabein. Det er Strålende nyheter for Butte.
( nå ser vel nemi at jeg bare har skrevet en setning eller to. Mulig han henger seg opp i dette isteden for å forsøke og forstå innholdet i artikkelen siden den er på engelsk)
( nå ser vel nemi at jeg bare har skrevet en setning eller to. Mulig han henger seg opp i dette isteden for å forsøke og forstå innholdet i artikkelen siden den er på engelsk)
Redigert 20.01.2021 kl 18:54
Du må logge inn for å svare
Veldig bra insentiver som legges til grunn. Kan vi tenke oss at Ml kan dra nytte av de økonomiske insentiver og bli transformert for å støtte semi isteden for solar? Hva tror du, grabein ?
Redigert 20.01.2021 kl 18:54
Du må logge inn for å svare
Veldig bra insentiver som legges til grunn. Kan vi tenke oss at Ml kan dra nytte av de økonomiske insentiver og bli transformert for å støtte semi isteden for solar? Hva tror du, grabein ?
Redigert 20.01.2021 kl 18:54
Du må logge inn for å svare
Jeg sendte forespørsel til Rec om dette. Kanskje jeg får svar og kanskje ikke. Jeg deler selvfølgelig evt svar.
Redigert 20.01.2021 kl 18:54
Du må logge inn for å svare
...til og med nemi skal få lese svaret hvis han oppfører seg ordentlig. Hvis ikke kan jeg jo legge svaret i en lukket gruppe;)
Redigert 20.01.2021 kl 18:54
Du må logge inn for å svare
Der er din gjetning like god som min. Men det er definitivt positivt at man begynner å legge fundamentet for en næringskjede i USA. Så får vi håpe de følger på med solar også!
Redigert 20.01.2021 kl 18:54
Du må logge inn for å svare
Ta invest
12.06.2020 kl 21:30
1814
Hehe :-)
Redigert 20.01.2021 kl 18:54
Du må logge inn for å svare
Dette kan være viktig. Dette må jo få REC til å på nytt revurdere sin forretninsplan. Det var jo flere som påkpekte at det var underlig noe med en plan som bestod i å selge den eneste delen av REC som tjener penger til fordel for ML. Da tenkte i allefall jeg at man var kommet lengre med batterisprosjektet. Mulig har de det, men det er jo begrenset hva de har kommunisert omkring dette. Det de derimot har sagt er at med en gang de får tilgang til Kina for salg av poly så har de kunder. Mulig dette er også rktig, men denne strategien har ikke overbevist markedet så langt siden denne delen av handelsavtalens første fase ikke har blitt konkretisert - pga mange faktorer som stadig fallende priser, unfair og hardere konkurranse, Corona selvfølgelig, og et stadig surere forhold mellom Trump og Xi.
Jeg tipper det nye styret jobber med ny strategi for tiden, og håper på snarlige signaler om hva REC sin strategi vil bli med en ny stor eier og nytt styre.
Jeg tipper det nye styret jobber med ny strategi for tiden, og håper på snarlige signaler om hva REC sin strategi vil bli med en ny stor eier og nytt styre.
Redigert 20.01.2021 kl 18:54
Du må logge inn for å svare