News Without Govt Support, U.S. Will No Longer Lead Global Chip Development

[Admin]

The U.S. is losing market share in chip design-related revenue because other governments are funding local design. If the U.S. wants to keep its position at the top, the U.S. government will need to start funding local design as well, according to a new report.

Without Govt Support, U.S. Will No Longer Lead Global Chip Development : Read more

 

[RandomWan]

Tell them to start a GoFundMe.

 

[btmedic04]

Oh boy, lets all subsidize more mega corporations next round of lay offs, said no tax payer ever

 

[ezst036]

Here comes CHiPS 2.0. The wealthy want more corporate welfare, and who's opposed to that? The CHiPS 1.0 money grab was a smashing success.

Next thing you know it will be CHiPS 3.0, 4.0, and all for the dear lovely lobbyists.

 

[DavidLejdar]

What is also different in Europe though is that sales of i.e. electronics and digital goods get taxed (more). And that arguably isn't as consumer-friendly as in the U.S. But it means that there are tax funds to fund stuff, without expecting e.g. railroad workers to pay for it by not having paid sick days.

 

[TechieTwo]

Corporate financial greed knows no limits. Export U.S. jobs and tech then beg for Mo Money while making record profits.

 

[bigdragon]

The root problem is that corporations are compelled to grow where they can minimize expenses and maximize return for investors. Government handouts will never be enough, will not stop companies from outsourcing design engineering, and will cost increasing amounts as time goes on. The goal of every company is to get the public to take on its risk while the investors capture all the reward. Laws are needed to change this dynamic. CHIPS 2.0 would be an enormous mistake that doesn't address the root economic system problem.

 

[hotaru251]

If the U.S. wants to maintain its position as the world's largest chip developer, the U.S. government will have to help fund local semiconductor R&D according to a report from the Semiconductor Industry Association and Boston Consulting Group.

just redirect it from the military budget then (as they also benefit from said chips).

or have em sell cookies/popcorn like the young girls/boys across nation :|

will not stop companies from outsourcing

they'd just need laws made to discourage it.
(they wont but its an option)