SIA to US Department of Commerce: Double chip exports and strengthen US competitiveness

Electronics Design, Strategy, News (Deffree) - The SIA this morning filed a report to the US Department of Commerce outlining actions it believes are required to meet the goal of doubling semiconductor exports by 2014...Semiconductors are a natural export to focus on, as they were second only to petroleum refinery products last year at $38 billion. Further, as the SIA report states, between 2005 and 2009 total semiconductor exports averaged $48 billion, making it the highest of all US exports during the five-year period.

The SIA paper models a doubling of semiconductor exports, from $38 billion in 2009 to $76 billion in 2014, through a combination of market growth, increased market share overseas by US headquartered companies, and increased activity located in the US. To see the complete text of the SIA report to the Department of Commerce, follow this link.