To block or attract investment, the US government and Japanese chip companies meet

Because the Biden administration not only suppresses the rise of Chinese semiconductors through the chip bill, but also expects to promote the development of the local chip manufacturing industry in the United States. According to related news reports, US Vice President Kamala Harris recently met with a number of Japanese semiconductor companies in Japan.

At least 13 Japanese semiconductor companies met with Kamala Harris, including Fujitsu, Nikon, Hitachi High-Tech, Sanken Electric, Tokyo Electron, etc.

As we all know, the chip bill passed by the United States this year will not only bring greater encouragement to the local chip industry in the United States, but also continue to curb Chinese semiconductor companies.

Kamala·Harris's trip this time is mainly to discuss the incentives for Japanese semiconductor companies to invest in semiconductor manufacturing in the United States. It is expected to talk about the benefits of relocating semiconductor manufacturing centers from a single, low-cost country such as China to prevent supply chain disruptions.

The US$52.7 billion subsidy provided by the US Chip Act is mainly to promote the investment and development of the country's chip industry, make the United States the center of the world's chips, and strengthen its position as the leader in the semiconductor industry.

The Biden administration will now prioritize the manufacture of high-tech chips to protect high-paying jobs in the U.S. and counter China's growing position in the chip market, which he sees as the U.S.'s main strategic competitor.