Economic Daily: U.S. chip bill cannot stop the "China core"

Recently, the US "Chip and Science Act" was officially signed. The United States intends to invest more than $ 50 billion to promote the development of chips and the development of labor, adding another oil to the "American core". According to the bill, chip companies that have obtained funding subsidies will not be increasing in China with an advanced process chip of less than 28 nanometers in the next 10 years. In other words, the US legislative coercion international chip dealers choose to stand by the Chinese and American. In this regard, the Chinese Ministry of Foreign Affairs expressed solemnly rebuke.

The chip is the cornerstone of the digital age. We must break through the US chip's malicious blockage and suppression of Chinese chips.

Looking at the laws of economic, the "American core" is difficult to go against the trend.

As the manufacturing process is becoming increasingly complicated, global chip companies generally use multinational cooperation to reduce production costs, and international competition has been deeply bound to economic interests. Now, the United States wants to force the production of chips back to the United States and exclude China, the world's largest chip market. It is against the trend and will encounter many difficulties.

In 2021, global chip production capacity is concentrated in Asia, semiconductor production capacity in East Asia accounted for 73%of the world, while the United States accounted for 12%and Europe accounted for 9%. Capacity is highly concentrated in Asia because of low production costs in Asia. In the United States to build a chip foundry, electricity, water sources, infrastructure, manpower and other costs are high. The industry estimates that the total cost of ten years in the United States is about 25%to 50%higher than Asia. The US chip bill provides relevant companies with a 25%of investment tax dereasing discounts. From the increased cost, this discount will not lose. At the same time, the chip semiconductor industry has a high capital density and is a large money burning. Earlier, Samsung announced a chip foundry built in Texas in the United States, with an intended investment of US $ 17 billion. The US chip bill only invested tens of billions of dollars in total. I wonder how many factories would be supported?

The chip created still needs to be sold. In 2021, global chip sales were US $ 555.9 billion, and the Chinese market sales reached 192.5 billion U.S. dollars, which continued to ranks first in the world. According to the estimates of Boston Consulting Co., Ltd. and other institutions, if the United States adopts a "technical decourse" policy on China, it may cause US semiconductor companies to lose 18%of global market share and 37%income, and reduce 15,000 to 40,000 high skills. Work. With the subsidy of the salary of water, it is no wonder that on the day of the signing of the bill, the US stock chip stocks fell sharply.

Looking at the market prospects, the potential of "China core" is optimistic.

China is the country with the largest complex global industry and the largest chip market. Since 2018, the United States has adopted various types of chips "stuck neck" methods on the Chinese semiconductor industry. But after 4 years of stuck, the Chinese chip was under pressure and developed faster. In the past four quarters, 19 of the 20 fastest -growing chip industry companies in the world are mainland China companies.

Under the pressure of the United States, the Chinese chip industry has paid more and more attention to autonomous alternative and industrial chain security. Taking the chemical mechanical polishing equipment CMP, one of the key equipment for chip manufacturing as an example: The market has been monopolized by the two companies of the United States and Japanese Parahara for a long time. 70%. The Chinese have broken through the blockade of other countries with independent innovation on major projects. Everyone is familiar with "two bombs and one star", Beidou navigation, and manned aerospace. For the chip technology industry, we must see both the gap and catch up, and we must see the advantages full of confidence.

Under the dual impact of global epidemic and geopolitical politics, the global chip industry is ushered in a period of structural adjustment, which is an important opportunity for China's upgrade and breakthrough. China has a huge market scale, friendly investment environment, the world's largest engineer team, mature industrial level, complete infrastructure, and powerful anti -epidemic stability production capacity, which is irreplaceable in economic globalization. Economic globalization is the objective requirements of the development of productive forces and an unstoppable historical trend. The "American core" has a historical reversing, trying to block the road of others, and eventually only block its own way.

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