In recent years, China and India have been pulling out all the stops in their efforts to incubate indigenous semiconductor fabrication and design industries. For instance, last December the Chinese government announced investments of up to $16.5 billion to catalyze development of an indigenous Chinese semiconductor industry in a bold gambit to make China the world’s leader in integrated circuit (IC) manufacturing by 2030. For its part, India has tried a combination of local content requirements and billions in incentives to jumpstart a semiconductor manufacturing sector.
Please join ITIF and the George Mason University School of Policy, Government, and International Affairs on Wednesday, August 27 as we host Professor Douglas Fuller, an expert on the dynamics of the global semiconductor industry, as he explains the different development trajectories China and India have taken in developing their respective semiconductor industries. The event will explore the differing outcomes (in terms of industrial development, IP creation, and value capture) China’s and India’s IC industry development strategies have delivered, their policy implications for global trade and development, and what they portend for the competitiveness of America’s semiconductor industry.