BLUFAustralia depends on foreign-controlled microchip technology, exposing us to considerable defence and economic risks—semiconductors are vital to a modern economy such as Australia's.
Alex Capri and Robert Clark, writing in the Strategist, make the following points:
- Taiwan manufactures around 60% of the world’s semiconductors and 90% of advanced chips.
- A national semiconductor plan costing around one and a half billion dollars could create $five billion in manufacturing activity.
- The US and the EU subsidise semiconductor sectors.
- Internationally ‘managed trade’ and pragmatic techno-nationalism can result in a chip shortage.
- The Australian National Fabrication Facility could support a chip manufacturing industry.
Recent Runway Posts related to this topic:
- Why the World Is Short of Computer Chips, and Why It Matters | The Runway (airforce.gov.au)
- As U.S. eyes new China chip curbs, turmoil looms for global market | The Runway (airforce.gov.au)
- Samsung starts mass production of chips using advanced 3nm process node | The Runway (airforce.gov.au)
References from the Web
- May 20220 Chinese techno-nationalism more than mere propaganda-the Week
- JUL 2022 Who will be the winners and losers in Techno-nationalism?-Technology
- SEP 2022 Australia’s semiconductor national moonshot-ASPI