- The semiconductor sector constitutes one of today’s most important industries, providing the core technology that powers the modern digital world and spurs innovation and productivity across virtually every sector of the economy.
- The increasing expense, complexity, and scale required to innovate and manufacture semiconductors means that no single nation or enterprise can go it alone. In the face of challenges from China, allied cooperation in semiconductors is critical.
- Successful semiconductor innovation depends on scientists, researchers, and engineers working together internationally across companies, universities, government agencies, research institutions, and public-private research consortia.
- Each segment of the global semiconductor value chain has, on average, enterprises from 25 countries involved directly, and enterprises from 23 countries in support functions.
For the full report: https://itif.org/publications/2020/09/17/allied-approach-semiconductor-leadership?mc_cid=606b5dcf2a&mc_eid=3171ceba53