Semiconductor Industry lobbies for Billions
2020/06/03 | By CENSThe Wall Street Journal (WSJ) reported that the US$37 billion subsidy draft of the American Semiconductor Industry Association (SIA) includes the investment of US$5 billion to build a new wafer plant, US$15 billion to assist states in securing semiconductor investment, and another US$17 billion to increase basic research, Applied research funds and new technology centers.
SIA speculates that the mainland's wafer production capacity will double by 2030, accounting for about 28% of the global total production capacity. Intel and GF of the United States are one of the world's largest wafer manufacturers, but only 12% of their wafers are produced domestically. Subsidy policies abroad have prompted them to shift their production lines to Asia, Israel and Ireland.