Market Insights - Q4 2023 - New Design - Flipbook - Page 6
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General Market Insight
Semiconductor Industry News
Chinese Companies Acquire US Chipmaking Equipment Despite Export Curbs
" A new report from the U.S.-China Economic and Security Review Commission highlights that Chinese companies
continue to purchase U.S. chipmaking equipment for advanced semiconductor production, despite recent export
restrictions implemented by the Biden administration. The export curbs, aimed at restricting China's progress in
semiconductor technology, face challenges in enforcement due to claims of equipment usage on older
production lines. The report emphasizes the need for an annual evaluation of the effectiveness of export controls
on chipmaking equipment to address gaps and ensure a more robust regulatory framework.
US-China Tech Rivalry Expands to Semiconductor Packaging in the Quest for Global Supremacy
" President Biden is intensifying efforts to curb China's technological progress by focusing on semiconductor
packaging, an area critical for achieving higher performance. Both the US and China recognize the strategic
importance of advanced packaging, which allows for enhanced chip processing speed and integration of various
chip types. As Washington plans a $3 billion National Advanced Packaging Manufacturing Program, the global
competition for semiconductor innovation expands, with advanced packaging emerging as a new battleground in
the race for technological dominance.
Semiconductor Recovery Boosts South Korea's Manufacturing Confidence
" South Korea's manufacturing confidence has seen a notable uptick, breaking a four-month decline, with the
professional survey index (PSI) reaching 100 for the upcoming month, up from 97 in the current month. This
positive shift is attributed to the robust recovery in global demand for semiconductors. Specifically, the
semiconductor industry's PSI reflects strong optimism, rising from 153 to 163, as South Korea's exports, driven
by increased chip sales in the global market, experienced a 2.2 percent year-on-year growth in the first 20 days of
November.
CHIPS ACT
Selection Committee Announces Leadership for CHIPS for America National Semiconductor Technology Centre
" An independent selection committee has revealed the board of trustees who will oversee the National
Semiconductor Technology Centre (NSTC), a vital part of the Department of Commerce's CHIPS for America
initiative. The NSTC will serve as a collaborative hub for the semiconductor industry, aiming to accelerate
innovation and reduce the time and cost involved in bringing new technologies to market. The selected trustees
will establish a non-profit entity to operate the NSTC, and their expertise is expected to drive advancements in
semiconductor research and development, supporting national security and economic interests. The CHIPS and
Science Act established this initiative to strengthen the semiconductor industry in the United States.
US CHIPS Act Raises Concerns of Global Semiconductor Industry Shift and Trade Tensions
" The US CHIPS Act, enacted in 2022, aims to revitalize the domestic semiconductor industry by offering substantial
incentives, potentially reshaping global market dynamics. The Act's impact is evident in the surge of new
semiconductor projects in the US, challenging Asia's semiconductor dominance. As the US and other regions
introduce similar subsidy programs, concerns arise over a potential glut of semiconductors, falling prices, and the
repercussions of restrictions on Chinese involvement in supply chains. Ongoing international consultations,
including the Indo-Pacific Economic Framework's Supply Chain Council, may play a crucial role in mitigating
negative effects and fostering collaboration in the evolving semiconductor landscape.
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