US chip industry policy affects multinational companies (data map)
Overseas Network April 14thAccording to a report by Sputnik news agency & radio on the 13th, the Russian think tank Valdai International Debate Club released a report saying that the measures taken by the United States in the chip industry have almost threatened the whole world.
According to the report, on August 9, 2022, the United States signed the Chip and Science Act, providing a subsidy of 54.2 billion U.S. dollars for building a chip factory in the United States. Subsequently, the United States passed the Inflation Reduction Act to promote the relocation of high-tech enterprises from Europe and other continents to the United States by means of subsidies. As a result, the United States did not unite its partners in the chip industry, but weakened its allies. America’s allies in Europe have been affected by such policies, suffering from chip shortage and rapidly rising chip prices. In this case, American enterprises will continue to lose their partners in CIS countries, Asia, Africa and Latin America.
According to the report, the U.S. restrictive measures introduced at the beginning of the chip industry’s recovery from the new crown epidemic will have a negative impact on the industry, accelerate the process of anti-globalization, and drag itself and its allies into a conflict with unpredictable consequences. According to the report of Semiconductor Industry Association (SIA) and Boston Consulting Group, since 1990, the share of the United States in global semiconductor production has dropped from 37% to 12%. (Overseas network Hou Xingchuan)