Supply Chains/ Onshoring
One key example of a supply chain that needs to be secured is in the semiconductor industry. The top factories that manufacture semiconductor chips are based in Asia, and US government officials have been pushing to increase manufacturing on American soil for industries like defense, as well as to hedge against possible geopolitical events that could cut off US chip supplies.
State and Commerce Department efforts to secure the semiconductor supply chain have resulted in the largest onshoring in US History and the catalyst for $350B investment in US Chip Industry and the $250B bipartisan CHIPS and Science Act for research funding in top national security technologies. These efforts can serve as a model for US investment and onshoring in other vital tech sectors.
Documentary: America Takes on China Inc. Part 1: 5G Trifecta
Documentary reveals how a strategy based on trust was used to successfully reverse Huawei’s momentum, and shows the emergence of the United States in 5G manufacturing.
Making Chips In America: Fireside Chat w/ Keith Krach & Pat Gelsinger | Concordia Summit
A lively discussion of State Department efforts to secure the semiconductor supply chain, resulting in the largest onshoring in U.S. history
U.S.-China high-tech competition is modernizing American industries
A discussion of the importance of fostering clusters in the US semiconductor market, expanding the clean network, investing in automation and solar technology, and creating more awareness about the China challenge at the executive level.