Recent shortages an example of America’s over-bearing dependence on Chinese supply chains. The time is now to take action to reverses this decades-long headwind to U.S. manufacturing and its labor force.
The Department of Commerce heard a panel of industry leaders on Thursday discussing the shortage in semiconductors, and asks why we can’t make this stuff at home.
China’s duty-free import scheme may look like a desperation move, but it will facilitate massive purchasing and inventory build-out for China semiconductor companies looking to ramp up fast.
Intel announced last week it will spend $20 billion building two new fabs in Arizona to take it into the foundry business, aiming to make chips for large, important customers like Apple, Microsoft or Qualcomm. That’s good news, but it doesn’t solve the fundamental problem of US dependency on Asia for the manufacture of chips.…