by Semiconductor Industry Association
Few industries, if any, feature a value chain as complex, geographically dispersed, and intensely interconnected as that of the semiconductor industry. This highly globalized and interdependent structure has been an amazing success story, benefitting the semiconductor industry, participating countries, and the global economy. These benefits, as well as the risks of an insular approach to […]
Trade has been a frequent and heated topic of debate in the presidential campaign, including the economic impacts of the Trans-Pacific Partnership (TPP) agreement. Too often lost in the political rhetoric is this simple truth – the TPP would not only strengthen the U.S. economy but also America’s position of leadership in the world. A […]
by David Isaacs, Vice President, Government Affairs
The Senate Judiciary Committee today convened a hearing to assess the risks to public health and safety posed by counterfeit products. The hearing covered the full range of counterfeit products, including consumer products, health and personal care products, and pharmaceuticals. While counterfeit semiconductors were not a focus of the hearing, the risks posed by counterfeit […]
The Senate today unanimously approved bipartisan legislation to strengthen the protection of trade secrets. Trade secrets are valuable intellectual property critical to continued growth and innovation in the semiconductor industry and across the U.S. economy. The Defend Trade Secrets Act of 2015 (S.1890) would provide owners of trade secrets with new legal tools to prevent the theft […]
Did you know global semiconductor industry sales reached $335 billion in 2015? Did you know the U.S. semiconductor industry maintained market share leadership with 50 percent of the global market in 2015? Did you know semiconductors were America’s third-leading manufactured export in 2015, behind only airplanes and automobiles? These facts and many others are now […]
Communications (34.1 percent of total sales) and PCs/computers (29.7 percent) remained the top semiconductor markets by end-use in 2015, according to the recently released World Semiconductor Trade Statistics (WSTS) Semiconductor End-Use Report. The report breaks down sales by end-use and regional end-market for a wide variety of semiconductor products. The figure below shows the six major […]
Jason Furman, Chairman of the President’s Council of Economic Advisers, recently stated the Obama Administration believes “…adopting an innovation box would move tax policy in the wrong direction, increasing complexity and cost without a commensurate boost to innovation.” We, however, believe it’s premature to write off the innovation box, which provides a lower tax rate […]
U.S. semiconductor companies, including several SIA members, were among the top corporate recipients of U.S. patents in 2015, according to an analysis of new data from the U.S. Patent and Trademark Office.
President Obama released his 2016 Trade Policy Agenda on March 2. This thick document includes a raft of trade priorities for this Administration, including major trade agreements either under negotiation or completed: Trans-Pacific Partnership (TPP), Transatlantic Trade and Investment Partnership (TTIP), Environmental Goods Agreement (EGA), Trade in Services Agreement (TiSA), and expansion of the Information […]
Semiconductors continue to be a massive export product for the United States, according to recently released government export statistics for 2015, fueling U.S. jobs, economic growth, and innovation. The total value of U.S. semiconductor exports in 2015 was $41.8 billion, which amounts to the third-highest of any manufactured export product. The combination of strong domestic […]
SIA frequently points out that semiconductors play a critical role in strengthening our country, including our national security. A concrete example comes from a new semiconductor developed by the Defense Advanced Research Projects Agency (DARPA) that gives our military a measurable advantage in one critical arena of the modern battlefield: electronic warfare.
SIA has long championed federal policies that promote U.S. innovation, economic growth, and global competitiveness. Now that the 114th Congress has reached its midpoint and lawmakers have resumed legislative work in the new year, it’s a good time to assess the progress made in 2015 on some of the semiconductor industry’s policy priorities and the […]