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SEMI Supports Microelectronics Industry Incentive Provisions in U.S. National Defense Authorization Act
December 7, 2020 | SEMIEstimated reading time: Less than a minute
SEMI, the industry association serving the global electronics design and manufacturing supply chain has released the following statement from president and CEO Ajit Manocha on the Fiscal Year 2021 National Defense Authorization Act.
“SEMI supports the provisions included in the conference report on the Fiscal Year 2021 National Defense Authorization Act for programs to provide incentives for microelectronics manufacturing and research in the U.S. They are helpful steps to support microelectronics innovation and manufacturing. SEMI thanks Sens. Cornyn, Warner, Cotton and Schumer, Reps. Matsui and McCaul, and other congressional and administration leaders for their support and hard work to enact these provisions. We look forward to working with Congress and the administration to provide the funding needed to implement these programs and to enact the CHIPS Act investment tax credit which will provide the certainty needed to attract many more new, large-scale microelectronics manufacturing investments in the U.S.”
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