Productivity and Cyclicality in Semiconductors Trends, Implications, and Questions: Report of a Symposium (2004) / Chapter Skim
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Luncheon Address: The Industry Perspective on Semiconductors
Luncheon Address: The Industry Perspective on Semiconductors
Pages 35-42
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From page 35... ...
Scalise prefaced his talk by addressing the unfortunate events of September 11 and their impact on the semiconductor industry. Then he offered a quote from Alan Greenspan, chairman of the Federal Reserve Board, made a year and a half earlier: "An economy that 20 years ago seemed to have seen its better days has enjoyed a remarkable run of economic growth that appears to have its roots in the ongoing advances in technology." He agreed, saying that that observation was still valid and would continue to be valid for a long period.
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From page 36... ...
In the view of the SIA, that meant that the September quarter would be the last down quarter of the current semiconductor cycle, and that the December quarter would be the first growth quarter of the next cycle. As a consequence of September 11, he said, the Septem 12The IDMs, which include IBM, Intel, and Texas Instruments, are companies that integrate multiple functions, including research, design, and manufacture, in one company.
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From page 37... ...
These products would be needed in the immediate future to deal with the "terrorist world that we now face"; the government would need hand-held devices for communication and computation, numerous kinds of GPS devices, and faster core memory for transportable PCs. Wireless communication, in particular, was projected to become a much larger market.
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From page 38... ...
Scalise, is an agreement on legal protections covering all digital products, including software, that are as effective as the legal protections covering physical goods. The key to this transformation, he said is to achieve "technological neutrality" so that "bits and atoms" are treated equally under tax and tariff regula 14The Information Technology Agreement of 1997, signed by 52 countries, eliminated all IT tariffs.
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From page 39... ...
But as Dr. Harold Varmus, former director of NIH, stated correctly in an opinion piece in the Washington Post last fall, `Scientists can wage an effective war only if we as a nation and as a scientific community harness the energies of many disciplines, not just biology and medicine.' Now is the time to further open and explore the frontiers of the physical sciences and engineering by making comparable R&D investments in the Department of Energy's Office of Science, the National Science Foundation, the Department of Defense, and NASA." 16 For twelfth graders in the most recent TIMSS exams, the average score of international students was 500 vs.
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From page 40... ...
"If it's having a 30 percent impact on the economy, we have to invest more at the federal level. That's the number-one message: Invest in the basic research of math and science that will be the driver of the economy one and two decades from now." Growth and Prices He then turned to the industry as a whole, which historically has grown at a 17 percent compound annual growth rate.
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From page 41... ...
In addition, International SEMATECH, in close partnership with its member firms, is supporting research on manufacturing technologies at a level of $140 million annually. Third, the Focus Center Research Program, created in 1998, sponsors a multi-university effort to address major basic research challenges identified by the ITRS.
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From page 42... ...
It has also been internationalized because investments benefit companies around the world. The SRC would like more industrial support, not more federal support; federal funds, it feels, should be devoted to basic research.18 He also said that funding for the Focus Centers is shared among the SIA (50 percent)
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