It is reported that the US-India Semiconductor Industry Association has established a joint working group to promote industrial ecological cooperation; the two parties have enhanced their strategic partnership through the Critical and Emerging Technologies (iCET) initiative. It goes without saying that investments in manufacturing will benefit the semiconductor ecosystem.
The United States has also recently joined hands with the four major technology giants to develop next-generation chips. Obviously, the competitiveness of American semiconductors lies in the fact that the annual R&D investment of 50.2 billion US dollars can support half of the global market.
Last year, SIA signed an agreement with the Indian Electronics and Semiconductor Association to promote chip cooperation. SIA said: The United States will achieve global semiconductor leadership through innovation. The US-India Semiconductor Association signed an MOU to deepen bilateral cooperation. The United States also joined hands with India and signed a new memorandum of understanding to help strengthen the Indian semiconductor ecosystem. John Neuffer, President and CEO of the US Semiconductor Industry Association (SIA), said in the same year: Global cooperation is crucial to the establishment of a complex and sophisticated semiconductor ecosystem.
In the previous epidemic era, the United States and India not only further refined the areas of cooperation, but India also successfully accelerated the rise of the semiconductor industry chain. Therefore, India's high-profile entry into the global chip manufacturing competition is also expected.
Some experts believe that the downturn in the semiconductor industry will continue throughout 2023. The president of the American Semiconductor Industry Association said: the localization of the supply chain as a whole is unrealistic; global cooperation is crucial to the establishment of a complex and sophisticated semiconductor ecosystem!
From the global chip policy, we can clearly see the situation of the technological dispute. Obviously, the "chip shortage" is sweeping the world, and the semiconductor industry is actively responding to the challenge. The United States is trying to form a "closed loop of alliances" around the world. According to experts, the globalization of semiconductors is inevitable or will come to an end. The European Union predicts that European companies will account for 20% of the global semiconductor market by 2030.
As for India, apart from the market and political geography, how will it support its "semiconductor manufacturing ambitions"? As we all know, India, which has failed to "take off" three times, has been stumbled on chips. According to the Internet, Indian companies have now begun to vigorously poach panel and semiconductor talents from Taiwan factories. Since India is difficult to undertake large-scale industrial transfer, although the United States and India have launched a key technology cooperation plan, Indian semiconductor manufacturing is still struggling.
