1、American Semiconductor Research:Leadership Through Innovation This report would not have been possible without the contributions of our BCG colleagues Ramiro Palma,Raj Varadarajan,Aniket Patil,and Amit Rai,as well as our SIA colleagues Jimmy Goodrich,Eric Breckenfeld,Robert Casanova,and Susie Zhi Su

2、.About the Semiconductor Industry Association(SIA)The Semiconductor Industry Association(SIA)is the voice of the semiconductor industry,one of Americas top export industries and a key driver of Americas economic strength,national security,and global competitiveness.Semiconductors the tiny chips that

3、 enable modern technologies power incredible products and services that have transformed our lives and our economy.The semiconductor industry directly employs over a quarter of a million workers in the United States,and U.S.semiconductor company sales totaled$258 billion in 2021.SIA represents 99%of

4、 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

5、policies that fuel innovation,propel business,and drive international competition.Learn more at www.semiconductors.org.AcknowledgementsTable of ContentsExecutive SummarySemiconductor R&D is the process by which innovative ideas are transformed into technological advancements and capability to enable

6、 the creation of more,and more advanced,semiconductors Semiconductor R&D is important and is part of a virtuous cycle of innovation that supports U.S.technological leadershipIn the U.S.R&D ecosystem,government,academia,and private industry all play a significant role in funding and performing the R&