Trying to Save the Declining U.S. Semiconductor Industry
Posted by scapozzola on 01/31/2011
The U.S. share of global chip-production capacity, once 100%, has been sliding for years: from 25% in 2005 to 14% in 2009. In recent years, Intel has opened plants in Ireland and Israel, and its newest plant will open in Dalian, China, Oct. 26.
According to Intel CEO Paul Otellini: "No one else has built a new factory in five or 10 years. Everyone is building it either offshore or through joint ventures somewhere else. And if this is the most important technology of the 21st century—semiconductors—and the first derivative is negative relative to building new factories here, it ain't good."
The U.S. semiconductor industry faces serious challenges. Read more.
Add a comment
Related recent Blogs
- Reps. Daniel Lipinski (D-IL) and Michael Grimm (R-NY) form new Congressional Public Transportation Caucus. • by scapozzola • 05/23/2013
- Homeland Security and Gov. Tom Ridge • by scapozzola • 05/23/2013
- CNBC: Is a Chinese construction firm benefiting from its Beijing connection? • by scapozzola • 05/23/2013
- VIDEO: Concerns about America's defense industrial base • by scapozzola • 05/22/2013
- CNBC: China investing in U.S. • by scapozzola • 05/22/2013
- In Indiana, ongoing concerns about subsidized auto parts from China and Japan • by scapozzola • 05/22/2013
- RADIO: AAM's Scott Paul on Leslie Marshall Radio Show, May 20, 2013 • by scapozzola • 05/21/2013
- Shoring up our security means addressing the China challenge • by mmcmullan • 05/20/2013
- Quote of the Day from Caterpillar's Doug Oberhelman • by LDonia • 05/20/2013
- President Obama visits Baltimore factory to promote infrastructure investment as a means of revitalizing the middle class • by LDonia • 05/17/2013
