Electronics Industry Group Praises Semiconductor Support Bill

SEMI, a global electronics manufacturing and design industry association, applauded a Senate bill introduced last week (see 2006110038) that would provide funding for the U.S. semiconductor industry. The legislation would help U.S. semiconductor research, increase U.S. competitiveness and bolster national security, SEMI said June 12. It would help the U.S. keep up with foreign competitors that benefit from “robust incentives,” SEMI said. “The lack of a federal U.S. incentive [has helped drive] the location of semiconductor manufacturing facilities overseas,” the group said, calling the bill a “significant step forward.” The Semiconductor Industry Association also praised the measure.