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Semiconductor Industry 8-Point Policy Plan for 2018

Feb. 22, 2018 – As 2018 gets underway, policy agendas charting a path forward are rolling out fast and furious. Last week, the White House released its fiscal 2019 budget request and unveiled a new plan to improve America's infrastructure. And late last month, during his State of the Union Address, the President outlined a range of priorities, including immigration, tax, and trade policy. Similarly, the U.S. semiconductor industry has developed an 8-point policy plan for 2018 (outlined below) to promote U.S. economic growth and innovation, while helping to ensure American businesses can compete on a level playing field with our competitors abroad.

Research: Research is the driving force behind innovation in the semiconductor industry and throughout our economy. U.S. semiconductor companies annually invest about one-fifth of revenue in R&D, among the highest shares of any industry. We will continue to urge government to serve as a partner in this effort by substantially increasing federal investments in scientific research at federal agencies like DARPA, NIST, NSF, and DOE. We'll also be pushing policymakers to implement and support research programs that advance next-generation semiconductor technologies. 

Trade: With more than 80 percent of U.S. semiconductor companies' sales coming from overseas customers, unfettered access to global markets is critically important. We will work to maintain and expand access to these markets and support robust global trade. We'll also urge enforcement of international trade rules to maintain a level playing field for U.S. businesses.

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