Chips Drive Tech Rivalry in US-China Tech War: Insights from Recent Survey
Chips in Focus: The Tech Rivalry Between the US and China
The recent industry survey underlines how chips have become a central theme in the tech rivalry between the US and China. With over 130 semiconductor executives surveyed, a clear forecast emerges for a split in global supply chains. The report from Integrated Insights and the Global Semiconductor Alliance reveals that 70% of respondents foresee both nations erecting barriers that hinder technology collaboration.
Survey Highlights
- 80% of executives predict two separate supply chains will form, aimed at US and China respectively.
- 40% are aligning their resources with the US strategy, emphasizing the significance of US Chips and Science Act.
- Despite a challenging landscape, 84% of executives in China prefer the US for talent acquisition in the Global South.
Christopher Thomas, chairman of Integrated Insights, stated that this survey paints a concerning picture for China, suggesting a competitive outlook for American technology.
Furthermore, it is noted that while geopolitical issues are troubling, many companies do not see them as dominant in strategic planning. Some are taking proactive measures to de-risk their supply chains without complete separation.
Future Outlook
- Anticipated policies from the Biden administration may further tighten US controls on technology exports to China.
- Support for Chinese chip manufacturing continues with substantial investments.
- Executives expect the separation of supply chains to stabilize in at least five years.
This report underscores that while the US-China tech war intensifies, the semiconductor sector remains pivotal in shaping future global tech collaborations.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.