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US Council Warns of Chinese Semi Industry Goal
WASHINGTON -- The US President's Council of Advisors on Science and Technology is recommending US policy-makers "respond forcefully" to Chinese policies aimed at boosting its expertise in semiconductor manufacturing or limiting US exports.
The US has 10 of the 20 largest semiconductor manufacturers, including four of the top six. The nation's market share is more than 40% of the global market. China by contrast has just a 9% share and no company in the Top 20. That hasn't stopped China from allocating $150 billion in government funds toward building its domestic semiconductor industry.
"The main goal here should be to deter dangerous Chinese actions," the report said. The authors, a group of leading scientists and engineers who directly advise the President, developed the report out of concern of possible disruptions to US supply chains that might affect its national security.
