TSMC Expanding Capacity with $30B in 2021 and $70B in 2022, 2023

Taiwan Semiconductor Manufacturing Co. (TSMC) raised its 2021 capital expenditure target to $30 billion which is up from the $28 billion plan in January. TSMC CEO C.C. Wei said TSMC expects to invest about $100 billion during the next three years to increase capacity and R&D for leading-edge and specialty technologies. 80% of the budget …

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US Has to Out Innovate China in Long Term Technology Competition

China is seeking technological self-sufficiency and even superiority in key industries. It has concentrated military spending on advanced technologies. Its Belt and Road Initiative proposes a trillion-dollar investment program to project China’s influence across the world. What is China’s grand design, and how should the United States respond to it? China has ripped out the …

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China’s Semiconductor Catchup is Critical to Future Technology Competition

Dr. Walden Rhines, Chief Executive Officer, Mentor Graphics talked about the semiconductor industry. Semiconductors are critical to global technological competition. The world-class semiconductor companies are in the USA, South Korea and Taiwan. Japan and Europe have solid semiconductor technology as well. China lags about 5-10 years behind in this critical technology. China will invest hundreds …

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China will spend big to fix semiconductor dependence as they imported $260 billion in chips versus $162 billion in oil

China imported US$260 billion worth of semiconductors in 2017, more than its $162 billion imports of crude oil. Chinese-made chips made up less than 20% of domestic demand in the same year, according to the China Semiconductor Industry Association. As part of a massive push to lower foreign semiconductor dependence China will be spending tens …

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