The United States has proposed a "Chip 4" alliance with South Korea, Japan and Taiwan to build a semiconductor supply chain, the Seoul Economic Daily reported, citing anonymous South Korean government officials and industry sources. The move is also part of U.S. efforts to curb the growth of China's chip industry.
According to Observer Network, on May 11 last year, 64 companies including the United States, Europe, Japan, South Korea, Taiwan, and other places announced the establishment of the Semiconductors in America Coalition (SIAC). These companies cover almost the entire semiconductor industry chain, and the first thing they organize together is to urge the US Congress to pass the $50 billion semiconductor incentive plan proposed by the Biden administration.
lthough it seems that SIAC's top priority is to "request money" from the US government, the Hong Kong English-language media "South China Morning Post" still linked the matter to mainland China, with its report hyping that "the establishment of SIAC may make mainland China more It is difficult to escape the U.S.-led global semiconductor supply chain.”
A press release issued by SIAC's official website states that the organization is an alliance of semiconductor companies and semiconductor downstream users.
Currently, SIAC has 64 members, including technology giants such as Amazon, Apple, AT&T, Cisco, General Electric, Google, Verizon, AMD, Analog Devices, Broadcom, NVIDIA, Qualcomm and other chip design companies, GF, IBM , Intel, Micron and other chip manufacturers, as well as semiconductor upstream IP, electronic design automation (EDA) software and equipment suppliers such as Applied Materials, Kaideng Electronics, Synopsys, etc.
It is worth noting that SIAC members also include many semiconductor companies in Japan, South Korea, Europe, China Taiwan and other places. For example, chip manufacturers TSMC, Samsung, SK Hynix, Infineon, equipment manufacturers Nikon, ASML, Tokyo Electronics, chip IP giant ARM, etc.
On the day of its establishment, SIAC members jointly sent a letter to U.S. House Speaker Nancy Pelosi, Senate Majority Leader Chuck Schumer, Senate Minority Leader McConnell, and House Minority Leader McCarthy. "We call on congressional leaders to allocate $50 billion for domestic chip manufacturing incentives and research programs," the letter said. SIAC's mission is to advance federal policy that promotes U.S. semiconductor manufacturing and research to strengthen the U.S. economy, national security, and critical infrastructure".
Be the first to like this.
135 comment(s).Last comment by IDQWE001 2023-05-10 23:35
Posted by IDQWE001 > 16 minutes ago | Report Abuse
Rising unemployment and debt risks is concensus of the markets and economists. 4.5% only a figure, CCP could throw in a figure of 45%, unemployment and debt risks are real. only the evil supporters siok sendiri about the figure.
Rising unemployment and debt risks is concensus of the markets and economists. 4.5% only a figure, CCP could throw in a figure of 45%, unemployment and debt risks are real. only the evil supporters siok sendiri about the figure.
Stagflation is worse than inflation. Evil supporters should move to CCP, however, could not speak and write his own language. very pity. still have to use 26 alphabets to write message.
US and South Korea agreed to boost economic partnerships in chips, EVs, batteries
WASHINGTON: South Korea and the US agreed to boost economic partnerships in critical technology industries such as microchips, electric vehicles and batteries, said South Korean President Yoon Suk Yeol.
Those who have very confidence in CCP administration, it is your very good time to buy in dip especailly qqq. Don't use your mouth to support prove it with your injection of funds.
Those who have very confidence in CCP administration, it is your very good time to buy in dip especailly qqq. Don't use your mouth to support prove it with your injection of funds.
qqq & nicholas have confidence in CCP cheats, they will pump in their funds to boost up the Nasdaq Golden Dragon index. Just wait and see.
Corruption is sending shock waves through China’s chipmaking industry The arrests of several top semiconductor fund executives could force the government to rethink how it invests in the sector.China’s chipmaking industry descended into chaos last week, with at least four top executives associated with a state-owned semiconductor fund arrested on corruption charges. It’s an explosive turn of events that could force the country to fundamentally rethink how it invests in chip development, according to analysts and experts.
On July 30, China’s top anticorruption institution announced that Ding Wenwu, the chief executive of the China Integrated Circuit Industry Investment Fund, nicknamed the “Big Fund,” had been arrested for “suspected serious violations of the law.” Ding is not the only person in trouble. Two weeks ago, Lu Jun, a former executive at the Big Fund’s management institution, was also taken into custody, along with two other fund managers, according to the Chinese news outlet Caixin.
Established in 2014, the Big Fund was intended to use government money to build a supply chain of chips made in China, thus reducing reliance on the US and its allies. The fund epitomizes the way the Chinese government can throw its weight behind a strategic industry—in this case, semiconductors.
Eight years later, a total of $30 billion poured into the industry—with $20 billion more on the way—has yielded a complicated mix of successes and failures. The fact that the fund was driven by a political mission and not financial interests made it ripe for corruption, and analysts say the latest investigations may push China to manage semiconductor funding with more precision and professional knowledge.
For the first quarter of 2023, Intel booked $11.7B in revenue, a precipitous 36% drop from the year-ago quarter. As was the case in Q4, Intel is in the midst of a major industry slump, which has hit revenues hard and operating/net incomes even harder. Intel closed the quarter in the red on an operating income basis, losing $1.5B, and the company’s overall net loss was a staggering $2.8B on a GAAP basis.
China strategy is surround and win the low end chips, use the profits to chip away at the high end....it's a strategy born out of China's strengths and patience
Posted by IDQWE001 > 44 minutes ago | Report Abuse
eventually TV, radio, aircon upgrade to 7nm chips, the rest of low end chips can throw inside deep sea water. Let the evil manufacture low end chips.
If silly person just want to manufacture mature chips just let them carry on, don't wake them up. Evil supporters know it is the truth but can't change anything. It is silly to push all the neigboring countries to form alliance against hiself. what a great job of wolf warriors.
First of all wolf warrior is a term used in western media when they don't have a proper answer to Chinese diplomats...... It becomes more disgusting when used by Malaysia Chinese.
If silly person just want to manufacture mature chips just let them carry on ...........
The evil suddenly realise they made mistake and made u-turn to go against their wolf warriors French ambassador, what a big joke. Evil supporters dont know how to response.
The evil suddenly realise they made mistake and made u-turn to go against their wolf warriors French ambassador, what a big joke. Evil supporters dont know how to response.
If someone wants to debate about the chips industry, he has to carry out some study on the technology update. Not only the chips 4, other counties provoked by the wolf warriors will join the queue. It is very cruel to tell further information.
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
Report Abuse
Please Sign In to report this post as abuse.
Market Buzz
No result.
Featured Posts
MQ Trader
Introducing MY's First IPO Fund for Sophisticated Investors!
MQ Chat
New Update. Discover investment communities that resonate with your ideas
MQ Trader
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
0:17
New IPO: Swift Energy Technology Berhad, an industrial automation and power systems provider, aims to list on the ACE Market!
MQ Trader 8201 views | 6 d ago
0:17
New IPO: Carlo Rino Group Berhad, a leading fashion retailer of women’s handbags, footwear, and accessories, aims to list on the ACE Market!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Posted by IDQWE001 > 2023-03-18 06:44 | Report Abuse
The United States has proposed a "Chip 4" alliance with South Korea, Japan and Taiwan to build a semiconductor supply chain, the Seoul Economic Daily reported, citing anonymous South Korean government officials and industry sources. The move is also part of U.S. efforts to curb the growth of China's chip industry. According to Observer Network, on May 11 last year, 64 companies including the United States, Europe, Japan, South Korea, Taiwan, and other places announced the establishment of the Semiconductors in America Coalition (SIAC). These companies cover almost the entire semiconductor industry chain, and the first thing they organize together is to urge the US Congress to pass the $50 billion semiconductor incentive plan proposed by the Biden administration. lthough it seems that SIAC's top priority is to "request money" from the US government, the Hong Kong English-language media "South China Morning Post" still linked the matter to mainland China, with its report hyping that "the establishment of SIAC may make mainland China more It is difficult to escape the U.S.-led global semiconductor supply chain.” A press release issued by SIAC's official website states that the organization is an alliance of semiconductor companies and semiconductor downstream users. Currently, SIAC has 64 members, including technology giants such as Amazon, Apple, AT&T, Cisco, General Electric, Google, Verizon, AMD, Analog Devices, Broadcom, NVIDIA, Qualcomm and other chip design companies, GF, IBM , Intel, Micron and other chip manufacturers, as well as semiconductor upstream IP, electronic design automation (EDA) software and equipment suppliers such as Applied Materials, Kaideng Electronics, Synopsys, etc. It is worth noting that SIAC members also include many semiconductor companies in Japan, South Korea, Europe, China Taiwan and other places. For example, chip manufacturers TSMC, Samsung, SK Hynix, Infineon, equipment manufacturers Nikon, ASML, Tokyo Electronics, chip IP giant ARM, etc. On the day of its establishment, SIAC members jointly sent a letter to U.S. House Speaker Nancy Pelosi, Senate Majority Leader Chuck Schumer, Senate Minority Leader McConnell, and House Minority Leader McCarthy. "We call on congressional leaders to allocate $50 billion for domestic chip manufacturing incentives and research programs," the letter said. SIAC's mission is to advance federal policy that promotes U.S. semiconductor manufacturing and research to strengthen the U.S. economy, national security, and critical infrastructure".