{"id":34678,"date":"2021-01-01T15:29:00","date_gmt":"2021-01-01T15:29:00","guid":{"rendered":"https:\/\/wordpress2.hdnweb.com\/2021\/01\/01\/semiconductor-industry-applauds-ndaa-enactment-urges-full-funding-for-semiconductor-manufacturing-and-research-provisions\/"},"modified":"2021-01-01T15:29:00","modified_gmt":"2021-01-01T15:29:00","slug":"semiconductor-industry-applauds-ndaa-enactment-urges-full-funding-for-semiconductor-manufacturing-and-research-provisions","status":"publish","type":"post","link":"https:\/\/wordpress2.hdnweb.com\/en\/2021\/01\/01\/semiconductor-industry-applauds-ndaa-enactment-urges-full-funding-for-semiconductor-manufacturing-and-research-provisions\/","title":{"rendered":"Semiconductor Industry Applauds NDAA Enactment, Urges Full Funding for Semiconductor Manufacturing and Research Provisions"},"content":{"rendered":"<p><\/p>\n<style type=\"text\/css\"><![CDATA[\n\/* Style Definitions *\/\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n]]><\/style>\n<div class=\"xn-content\">\n<p><span class=\"xn-location\">WASHINGTON<\/span>, <span class=\"xn-chron\">Jan. 1, 2021<\/span> \/PRNewswire\/ &#8212; The Semiconductor Industry Association (SIA) today applauded Congress for enacting the National Defense Authorization Act (NDAA), legislation that includes Title XCIX, &#8220;Creating Helpful Incentives to Produce Semiconductors for America,&#8221; which authorizes federal incentives to promote semiconductor manufacturing and federal investments in semiconductor research. SIA represents 98 percent of the U.S. semiconductor industry by revenue and nearly two-thirds of non-U.S. chip firms. <\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n                        <a href=\"https:\/\/mma.prnewswire.com\/media\/542215\/SIA_Logo.html\" target=\"_blank\" rel=\"nofollow\"><br \/>\n                    <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/542215\/SIA_Logo.jpg\" title=\"(PRNewsfoto\/Semiconductor Industry Associat)\" alt=\"(PRNewsfoto\/Semiconductor Industry Associat)\"\/><\/a>\n                <\/p>\n<\/p><\/div>\n<p>&#8220;Enactment of the NDAA will help propel U.S. economic growth and cement America&#8217;s position at the forefront of semiconductor innovation, which is critical to the game-changing technologies of today and the future,&#8221; said <span class=\"xn-person\">Bob Bruggeworth<\/span>, President, CEO, and Director of Qorvo and SIA Chair. &#8220;The next step is for leaders in <span class=\"xn-location\">Washington<\/span> to fully fund the NDAA&#8217;s domestic chip manufacturing incentives and research initiatives. Doing so will make America one of the world&#8217;s most attractive places to produce this foundational technology.&#8221;<\/p>\n<p>The provisions authorized by the NDAA must still be funded through appropriations made by Congress. SIA and the Boston Consulting Group <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3024689-1&amp;h=3255662965&amp;u=https%3A%2F%2Fwww.semiconductors.org%2Fstudy-finds-federal-incentives-for-domestic-semiconductor-manufacturing-would-strengthen-americas-chip-production-economy-national-security-supply-chains%2F&amp;a=released+a+study\" rel=\"nofollow\">released a study<\/a> in September finding robust federal incentives for domestic semiconductor manufacturing would reverse the decades-long trajectory of declining chip production in America and create as many as 19 major semiconductor manufacturing facilities, or fabs, and 70,000 high-paying jobs in the U.S. over the next 10 years. A separate SIA <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3024689-1&amp;h=4007902781&amp;u=https%3A%2F%2Fwww.semiconductors.org%2Fsparking-innovation-how-federal-investments-in-semiconductor-research-strengthen-americas-economy-and-tech-leadership%2F&amp;a=report+released+in+June\" rel=\"nofollow\">report released in June<\/a> found federal funding for semiconductor research generates an outstanding return on investment for taxpayers, with each additional dollar invested adding <span class=\"xn-money\">$16.50<\/span> to U.S. gross domestic product. <\/p>\n<p>&#8220;The semiconductor provisions in the NDAA will strengthen the U.S. economy, our national security, and our leadership in chips and the many technologies they enable,&#8221; said <span class=\"xn-person\">John Neuffer<\/span>, SIA president and CEO. &#8220;We applaud the leadership and dedication of the provisions&#8217; champions in Congress, a bipartisan group led by Sens. Cornyn, Warner, Cotton, and Schumer in the Senate and Reps. Matsui and McCaul in the House. Now it&#8217;s critical for leaders in <span class=\"xn-location\">Washington<\/span> to put these provisions into action by fully funding them, and we stand ready to work with policymakers to make that a reality.&#8221;<\/p>\n<p><b>Media Contact<br \/><\/b><span class=\"xn-person\">Dan Rosso<\/span><br \/>Semiconductor Industry Association<br \/>240-305-4738<br \/><a target=\"_blank\" href=\"mailto:drosso@semiconductors.org\" rel=\"nofollow\">drosso@semiconductors.org<\/a><\/p>\n<p><b>About SIA<br \/><\/b>The Semiconductor Industry Association (SIA) is the voice of the semiconductor industry, one of America&#8217;s top export industries and a key driver of America&#8217;s economic strength, national security, and global competitiveness. Semiconductors \u2013 the tiny chips that enable modern technologies \u2013 power incredible products and services that have transformed our lives and our economy. The semiconductor industry directly employs nearly a quarter of a million workers in <span class=\"xn-location\">the United States<\/span>, and U.S. semiconductor company sales totaled <span class=\"xn-money\">$193 billion<\/span> in 2019. represents 98 percent of the U.S. semiconductor industry by revenue and nearly two-thirds of non-U.S. chip firms. Through this coalition, SIA seeks to strengthen leadership of semiconductor manufacturing, design, and research by working with Congress, the Administration, and key industry stakeholders around the world to encourage policies that fuel innovation, propel business, and drive international competition. Learn more at\u00a0<a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3024689-1&amp;h=1024845113&amp;u=http%3A%2F%2Fwww.semiconductors.org%2F&amp;a=www.semiconductors.org\" rel=\"nofollow\">www.semiconductors.org<\/a>.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\">\n<\/div>\n<p id=\"PURL\"><img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=DC35968&amp;sd=2021-01-01\"\/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/semiconductor-industry-applauds-ndaa-enactment-urges-full-funding-for-semiconductor-manufacturing-and-research-provisions-301199880.html\">http:\/\/www.prnewswire.com\/news-releases\/semiconductor-industry-applauds-ndaa-enactment-urges-full-funding-for-semiconductor-manufacturing-and-research-provisions-301199880.html<\/a><\/p>\n<p>SOURCE  Semiconductor Industry Association (SIA)<\/p>\n<\/div>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=DC35968&amp;Transmission_Id=202101011528PR_NEWS_USPR_____DC35968&amp;DateId=20210101\" style=\"border:0px; width:1px; height:1px;\"\/> <\/p>","protected":false},"excerpt":{"rendered":"<div class=\"xn-content\">\n<p><span class=\"xn-location\">WASHINGTON<\/span>, <span class=\"xn-chron\">Jan. 1, 2021<\/span> \/PRNewswire\/ &#8212; The Semiconductor Industry Association (SIA) today applauded Congress for enacting the National Defense Authorization Act (NDAA), legislation that includes Title XCIX, &#8220;Creating Helpful Incentives to Produce Semiconductors for America,&#8221; which authorizes federal incentives to promote semiconductor manufacturing and federal investments in semiconductor research. SIA represents 98 percent of the U.S. semiconductor industry by revenue and nearly two-thirds of&#8230;<\/p>\n","protected":false},"author":1,"featured_media":34679,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[25],"tags":[],"class_list":["post-34678","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-geovanny-vicente"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Semiconductor Industry Applauds NDAA Enactment, Urges Full Funding for Semiconductor Manufacturing and Research Provisions - Multisitio 2<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wordpress2.hdnweb.com\/en\/2021\/01\/01\/semiconductor-industry-applauds-ndaa-enactment-urges-full-funding-for-semiconductor-manufacturing-and-research-provisions\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Semiconductor Industry Applauds NDAA Enactment, Urges Full Funding for Semiconductor Manufacturing and Research Provisions - Multisitio 2\" \/>\n<meta property=\"og:description\" content=\"WASHINGTON, Jan. 1, 2021 \/PRNewswire\/ -- The Semiconductor Industry Association (SIA) today applauded Congress for enacting the National Defense Authorization Act (NDAA), legislation that includes Title XCIX, &quot;Creating Helpful Incentives to Produce Semiconductors for America,&quot; which authorizes federal incentives to promote semiconductor manufacturing and federal investments in semiconductor research. 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