• Home
  • About
  • Contact
  • Privacy
  • Terms
  • DCMA
  • Write For Us / Submit
Tech News, Magazine & Review WordPress Theme 2017
  • Tech
    Enhance your omnichannel service strategies with data-driven insights.

    Black Market for Fraudulent Ad Accounts Found on Facebook

    Sen. Mark Warner and Sen. Marco Rubio at a hearing.

    Trump’s TikTok ban might have been right after all

    14 Gift Ideas for the Home Chef (2022): Vitamix, Cookbooks, and More

    14 Gift Ideas for the Home Chef (2022): Vitamix, Cookbooks, and More

    6 Android Apps for Budget Management

    Twitter, Facebook, Lyft layoffs spark fears of dotcom crash 2.0

    Facebook layoffs are a reminder that your job won’t love you back

    Facebook layoffs are a reminder that your job won’t love you back

    Facebook Reels app on a smartphone on a yellow background

    How to Hide Reels on Facebook

    6 Android Apps for Budget Management

    Meta lays off 11,000 workers as it faces competition from TikTok

    reduce a PDF’s file size

    How to reduce a PDF’s file size for Mac and Windows

    7 Best Tools To Boost UX Designer's Work In 2022

    7 Best Tools To Boost UX Designer’s Work In 2022

  • Gear
    • All
    • Camera
    • Laptop
    • Smartphone
    Pixel Watch in the test

    Google Pixel Watch in the Test

    Top 5 Websites To Buy Camera Lenses At Reasonable Price

    Top 5 Websites To Buy Camera Lenses At Reasonable Price

    US midterm results latest: Republicans win 218 seats to take House as Kevin McCarthy wins initial GOP speaker vote

    US midterm results latest: Republicans win 218 seats to take House as Kevin McCarthy wins initial GOP speaker vote

    Google Pixel Watch

    Your Pixel Watch is Getting Better at Sleep Tracking

    Analyst: iPhone 14 Plus Sales Lagged Behind iPhone 13 Mini, Strategy 'Failed'

    Apple’s Emergency SOS Service for iPhone 14 Goes Live in US and Canada

    Pixel 7 Pro hazel top down view with display on

    Survey shows few people have had major issues with the Pixel 7 series

    Trending Tags

    • Best iPhone 7 deals
    • Apple Watch 2
    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • iOS 10
    • iPhone 7
    • Sillicon Valley
  • Gaming
    Discord on Xbox is dropping its reliance on your phone

    Xbox rolls out official support for Discord, Lightstream, and Streamlabs

    Samsung brings Xbox Cloud Gaming and GeForce Now to 2021 sets

    Samsung brings Xbox Cloud Gaming and GeForce Now to 2021 sets

    Virtual Gaming Revolution Continuing To Develop

    Virtual Gaming Revolution Continuing To Develop

    How to Set Custom Shortcuts for Xbox Game Bar in Windows

    How to Set Custom Shortcuts for Xbox Game Bar in Windows

    Asus' ROG Flow Z13 is a Surface for gaming

    Asus’ ROG Flow Z13 is a Surface for gaming

    Atari's 50th anniversary celebration gives players a hands-on lesson in video gaming history

    Atari’s 50th anniversary celebration gives players a hands-on lesson in video gaming history

  • Crypto
    Enhance your omnichannel service strategies with data-driven insights.

    Black Market for Fraudulent Ad Accounts Found on Facebook

    Sen. Mark Warner and Sen. Marco Rubio at a hearing.

    Trump’s TikTok ban might have been right after all

    14 Gift Ideas for the Home Chef (2022): Vitamix, Cookbooks, and More

    14 Gift Ideas for the Home Chef (2022): Vitamix, Cookbooks, and More

    6 Android Apps for Budget Management

    Twitter, Facebook, Lyft layoffs spark fears of dotcom crash 2.0

    Facebook layoffs are a reminder that your job won’t love you back

    Facebook layoffs are a reminder that your job won’t love you back

    Facebook Reels app on a smartphone on a yellow background

    How to Hide Reels on Facebook

    6 Android Apps for Budget Management

    Meta lays off 11,000 workers as it faces competition from TikTok

    reduce a PDF’s file size

    How to reduce a PDF’s file size for Mac and Windows

    7 Best Tools To Boost UX Designer's Work In 2022

    7 Best Tools To Boost UX Designer’s Work In 2022

  • Business
    Enhance your omnichannel service strategies with data-driven insights.

    Black Market for Fraudulent Ad Accounts Found on Facebook

    Sen. Mark Warner and Sen. Marco Rubio at a hearing.

    Trump’s TikTok ban might have been right after all

    14 Gift Ideas for the Home Chef (2022): Vitamix, Cookbooks, and More

    14 Gift Ideas for the Home Chef (2022): Vitamix, Cookbooks, and More

    6 Android Apps for Budget Management

    Twitter, Facebook, Lyft layoffs spark fears of dotcom crash 2.0

    Facebook layoffs are a reminder that your job won’t love you back

    Facebook layoffs are a reminder that your job won’t love you back

    Facebook Reels app on a smartphone on a yellow background

    How to Hide Reels on Facebook

    6 Android Apps for Budget Management

    Meta lays off 11,000 workers as it faces competition from TikTok

    reduce a PDF’s file size

    How to reduce a PDF’s file size for Mac and Windows

    7 Best Tools To Boost UX Designer's Work In 2022

    7 Best Tools To Boost UX Designer’s Work In 2022

No Result
View All Result
Geeky Insider
  • Tech
    Enhance your omnichannel service strategies with data-driven insights.

    Black Market for Fraudulent Ad Accounts Found on Facebook

    Sen. Mark Warner and Sen. Marco Rubio at a hearing.

    Trump’s TikTok ban might have been right after all

    14 Gift Ideas for the Home Chef (2022): Vitamix, Cookbooks, and More

    14 Gift Ideas for the Home Chef (2022): Vitamix, Cookbooks, and More

    6 Android Apps for Budget Management

    Twitter, Facebook, Lyft layoffs spark fears of dotcom crash 2.0

    Facebook layoffs are a reminder that your job won’t love you back

    Facebook layoffs are a reminder that your job won’t love you back

    Facebook Reels app on a smartphone on a yellow background

    How to Hide Reels on Facebook

    6 Android Apps for Budget Management

    Meta lays off 11,000 workers as it faces competition from TikTok

    reduce a PDF’s file size

    How to reduce a PDF’s file size for Mac and Windows

    7 Best Tools To Boost UX Designer's Work In 2022

    7 Best Tools To Boost UX Designer’s Work In 2022

  • Gear
    • All
    • Camera
    • Laptop
    • Smartphone
    Pixel Watch in the test

    Google Pixel Watch in the Test

    Top 5 Websites To Buy Camera Lenses At Reasonable Price

    Top 5 Websites To Buy Camera Lenses At Reasonable Price

    US midterm results latest: Republicans win 218 seats to take House as Kevin McCarthy wins initial GOP speaker vote

    US midterm results latest: Republicans win 218 seats to take House as Kevin McCarthy wins initial GOP speaker vote

    Google Pixel Watch

    Your Pixel Watch is Getting Better at Sleep Tracking

    Analyst: iPhone 14 Plus Sales Lagged Behind iPhone 13 Mini, Strategy 'Failed'

    Apple’s Emergency SOS Service for iPhone 14 Goes Live in US and Canada

    Pixel 7 Pro hazel top down view with display on

    Survey shows few people have had major issues with the Pixel 7 series

    Trending Tags

    • Best iPhone 7 deals
    • Apple Watch 2
    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • iOS 10
    • iPhone 7
    • Sillicon Valley
  • Gaming
    Discord on Xbox is dropping its reliance on your phone

    Xbox rolls out official support for Discord, Lightstream, and Streamlabs

    Samsung brings Xbox Cloud Gaming and GeForce Now to 2021 sets

    Samsung brings Xbox Cloud Gaming and GeForce Now to 2021 sets

    Virtual Gaming Revolution Continuing To Develop

    Virtual Gaming Revolution Continuing To Develop

    How to Set Custom Shortcuts for Xbox Game Bar in Windows

    How to Set Custom Shortcuts for Xbox Game Bar in Windows

    Asus' ROG Flow Z13 is a Surface for gaming

    Asus’ ROG Flow Z13 is a Surface for gaming

    Atari's 50th anniversary celebration gives players a hands-on lesson in video gaming history

    Atari’s 50th anniversary celebration gives players a hands-on lesson in video gaming history

  • Crypto
    Enhance your omnichannel service strategies with data-driven insights.

    Black Market for Fraudulent Ad Accounts Found on Facebook

    Sen. Mark Warner and Sen. Marco Rubio at a hearing.

    Trump’s TikTok ban might have been right after all

    14 Gift Ideas for the Home Chef (2022): Vitamix, Cookbooks, and More

    14 Gift Ideas for the Home Chef (2022): Vitamix, Cookbooks, and More

    6 Android Apps for Budget Management

    Twitter, Facebook, Lyft layoffs spark fears of dotcom crash 2.0

    Facebook layoffs are a reminder that your job won’t love you back

    Facebook layoffs are a reminder that your job won’t love you back

    Facebook Reels app on a smartphone on a yellow background

    How to Hide Reels on Facebook

    6 Android Apps for Budget Management

    Meta lays off 11,000 workers as it faces competition from TikTok

    reduce a PDF’s file size

    How to reduce a PDF’s file size for Mac and Windows

    7 Best Tools To Boost UX Designer's Work In 2022

    7 Best Tools To Boost UX Designer’s Work In 2022

  • Business
    Enhance your omnichannel service strategies with data-driven insights.

    Black Market for Fraudulent Ad Accounts Found on Facebook

    Sen. Mark Warner and Sen. Marco Rubio at a hearing.

    Trump’s TikTok ban might have been right after all

    14 Gift Ideas for the Home Chef (2022): Vitamix, Cookbooks, and More

    14 Gift Ideas for the Home Chef (2022): Vitamix, Cookbooks, and More

    6 Android Apps for Budget Management

    Twitter, Facebook, Lyft layoffs spark fears of dotcom crash 2.0

    Facebook layoffs are a reminder that your job won’t love you back

    Facebook layoffs are a reminder that your job won’t love you back

    Facebook Reels app on a smartphone on a yellow background

    How to Hide Reels on Facebook

    6 Android Apps for Budget Management

    Meta lays off 11,000 workers as it faces competition from TikTok

    reduce a PDF’s file size

    How to reduce a PDF’s file size for Mac and Windows

    7 Best Tools To Boost UX Designer's Work In 2022

    7 Best Tools To Boost UX Designer’s Work In 2022

Submit
Geeky Insider
No Result
View All Result

The next frontier in the tech battle between the US and China

by Staff Writer
August 9, 2022
in Technology
Reading Time: 6 mins read
The next frontier in the tech battle between the US and China
Share on FacebookShare on Twitter

President Joe Biden on Tuesday signed new legislation aimed at boosting the US semiconductor industry, in an attempt to address a long-running computer chip shortage and reduce reliance on other countries, such as China, for manufacturing. Dubbed the CHIPS and Science Act, it provides incentives for domestic semiconductor manufacturing as well as research and development, including more than $50 billion in funding and additional investment in the National Science Foundation, the Department of Commerce and the National Institute of Standards and Technology.China has long been a dominant force in tech manufacturing, with companies such as Apple (AAPL), Google (GOOG) and Microsoft (MSFT) relying significantly on the country to make their devices and the parts that comprise them. China has also rapidly gained ground in the semiconductor market, ranking first globally in assembly, packaging and testing and fourth — ahead of the United States — in wafer fabrication, according to a recent analysis by the Center for Strategic and International Studies. But the Covid-19 pandemic caused a global shortfall in chip supply, with matters made worse this year by China’s stringent lockdowns, which stalled factories and hurt supply chains. Multiple regions are now rethinking their approach to the industry in order to become more self-sufficient and reduce exposure to Chinese manufacturing. Why Apple can't quit ChinaUS Treasury Secretary Janet Yellen has repeatedly touted the importance of “friend-shoring,” or moving supply chains through US allies such as South Korea and Japan to further insulate the tech industry from China. European legislators, meanwhile, have proposed investments worth tens of billions of dollars over the coming years to boost the continent’s semiconductor industry.China, for its part, continues to try to grow its semiconductor industry as part of a five-year plan announced last year.

“There’s growing global recognition that these are the technologies that will determine who ‘wins’ in the future global economy,” Kenton Thibaut, Resident China Fellow at the Atlantic Council’s Digital Forensic Research Lab in Washington DC, told CNN Business. However, she added, being completely self sufficient in chipmaking is easier said than done because of the layers of technology and specialized expertise involved. “It’s not really possible to gain a top spot in the semiconductor supply chain as a whole.”

China has become a global hub for electronics manufacturing over the last decade.China has become a global hub for electronics manufacturing over the last decade.Complicating matters further is Taiwan, the self-governed island off China’s coast that has become a diplomatic and military flashpoint between Washington and Beijing. Tensions around Taiwan, which China’s Communist Party views as its own territory despite never having controlled the island, have escalated rapidly after US Speaker of the House Nancy Pelosi’s visit there last week. Taiwan is critical to the global semiconductor industry, with several of the world’s top manufacturers headquartered there, including Apple suppliers Foxconn and Pegatron. The biggest of those chipmakers, Taiwan Semiconductor Manufacturing Company or TSMC, accounts for an estimated 90% of the world’s super-advanced computer chips. “Nobody can control TSMC by force,” the company’s chairman, Mark Liu, said in a recent interview with CNN. “If you take a military force or invasion, you will render TSMC factory non-operable, because this is such a sophisticated manufacturing facility [that] it depends on the real-time connection with the outside world — with Europe, with Japan, with the US.”

READ ALSO

Technology Competitive Advantage

3 Ways Technology Can Give You a Competitive Advantage

January 14, 2023
IT priorities for 2023

10 IT priorities for 2023

January 5, 2023

A push to bolster US production

TSMC has already committed at least $12 billion to building a semiconductor fabrication plant in Arizona, with production expected to begin in 2024. Another Taiwanese manufacturer, GlobalWafers, recently pledged $5 billion towards building a silicon wafer plant in Texas, and South Korean conglomerates Samsung and SK Group earlier this year put forth plans to spend tens of billions of dollars to grow their US tech manufacturing presence.

TSMC’s investment predates the CHIPS and Science Act, but the legislation is likely to spur more companies to bring factories to the United States, according to Zachary Collier, an assistant professor of management at Virginia’s Radford University who specializes in risk analysis.

Here's what's in the bipartisan semiconductor chip manufacturing packageHere's what's in the bipartisan semiconductor chip manufacturing package“It’s a very capital-intensive process to build a big manufacturing facility like this and anything that offsets some of those costs very much incentivizes the companies to bring those things onshore,” he said. The legislation earmarks nearly $53 billion over the next five years to expand US semiconductor manufacturing, including $1.5 billion for telecommunications companies that compete with Chinese firms such as Huawei. Companies that invest in semiconductor manufacturing will also get a 25% tax credit.

Even beyond the short-term incentives, companies may be keen to establish a US manufacturing presence because of the country’s relative stability, security, highly educated working class and, perhaps most importantly, sheer demand. Collier estimates that the United States accounts for a quarter of global semiconductor demand but only 12% of manufacturing. And TSMC says North America, broadly, accounts for 65% of its revenue, with China and Japan accounting for 10% and 5%, respectively.

Companies “would try to rush in and satisfy that demand,” Collier said. But replacing China overnight — or perhaps at all — will not be easy.

“Right now China has an advantage in that it has a concerted strategy around pitching its technologies and supplying critical infrastructure to countries that need them,” said Thibaut. “The US and other democracies need to also develop a strategy around tech that does not just focus on competing with China, but is also proactive in providing real solutions to real needs.”

No matter how much countries try to shore up their local manufacturing bases, it will likely be virtually impossible to decouple from the global supply chain, particularly for products as integral and intricate as semiconductors. The design, fabrication, manufacturing and even raw materials for chips are distributed across several different countries and regions.

“It’s really a huge web,” said Collier, adding that no matter how much countries try to localize production, a degree of interdependence is inevitable. “It’s global, one way or the other.”

Source by www.cnn.com

Related Posts

Digitization in Business
Business

Digitization in Business – How you can master the challenge?

January 18, 2023
Crucial Role in Digital Transformation
Business

Digital Transformation – Why Consultants Play a Crucial Role

January 14, 2023
Employee Onboarding Trends
Business

7 Employee Onboarding Trends That You Should Know

January 14, 2023
The future of digital customer addressing in insurance
Business

Insurance – Future of Digital Customer

January 14, 2023

Recommended.

The saddest thing for me about modern tech’s long spiral into user manipulation and surveillance is how it has just slowly killed off the joy that people like me used to feel about new tech. Every product Meta or Amazon announces makes the future seem bleaker and grayer.  t used to be the opposite. Tech was one of the things I loved most. I still remember the feeling when I rode the first BART trains in SF. When I saw my first Concorde my little head exploded. My Commodore PET. The last time tech made me truly gleeful was these glories.  What will it take for us to get that feeling back? I don’t think it’s just my nostalgia, is it? There’s no longer anything  being promised to us by tech companies that we actually need or asked for. Just more monitoring, more nudging, more draining of our data, our time, our joy.

We used to get excited about technology. What happened?

October 22, 2022
An Apple Watch on a woman's wrist, with blue water in the background.

How to Eject Water From Your Apple Watch

July 17, 2022

Trending.

What Is Tinder Here's What You Should Know About The Tinder Dating App Clone

What Is Tinder? Here’s What You Should Know About The Tinder Dating App Clone

January 9, 2023
How Decentralized Financing Will Change The Real Estate Sector

How Decentralized Financing Will Change The Real Estate Sector

January 3, 2023
How to Make Characters Stick With Character Design Studios

How to Make Characters Stick With Character Design Studios

October 28, 2022
What is Servant Leadership

What is Servant Leadership

January 5, 2023
Pixel Watch in the test

Google Pixel Watch in the Test

December 27, 2022
Geeky Insider

Geeky Insider is Web based independent Tech Magazine covering Topics Related to Technology, Gadgets, Software, Gaming, Crypto, Business And So on. Read More...

Submit a Techy Post | Write For Us

Feel free to contact us for submission queries. via contact form or email us at [email protected].

Categories

  • Android
  • Apple
  • Apps And Softwares
  • Articles
  • Business
  • Camera
  • Crypto
  • Education
  • Entertainment
  • Gadget and Gear
  • Gaming
  • How To
  • Laptop
  • Marketing
  • Microsoft
  • Review
  • Security
  • Smartphone
  • Technology
Sell on Amazon

Sell on Amazon – 5 reasons why you should put on the platform as a dealer!

January 18, 2023
Digitization in Business

Digitization in Business – How you can master the challenge?

January 18, 2023
Best Sales Tips to Boost Your Sales Success

20 Best Sales Tips to Boost Your Sales Success

January 18, 2023
  • Home
  • About
  • Contact
  • Privacy
  • Terms
  • DCMA
  • Write For Us / Submit

© 2022 GeekyInsider.com

No Result
View All Result
  • Home
  • Review
  • Apple
  • Gaming
  • Gadget and Gear
    • Camera
    • Smartphone
  • Microsoft
  • Security