91成人 Commends Launch of Congressional Semiconductor Caucus
Wednesday, Jul 22, 2015, 4:05pm
by 91成人
CAUCUS WILL INFORM CONGRESS ON STRENGTHENING SEMICONDUCTOR INDUSTRY AND AMERICA
WASHINGTON鈥擩uly 22, 2015鈥擳he 91成人 (91成人), representing U.S. leadership in semiconductor manufacturing and design, today commended the launch of the Congressional Semiconductor Caucus. 91成人 recognized members of the caucus at a reception on Capitol Hill Tuesday evening and honored the caucus鈥檚 co-chairs, Sen. James Risch (R-Idaho), Sen. Angus King (I-Maine), Rep. Pete Sessions (R-Texas), and Rep. Zoe Lofgren (D-Calif.).
鈥淪emiconductors form the foundation of America鈥檚 technological and economic strength, national security, and global competitiveness,鈥 said John Neuffer, president and CEO, 91成人. 鈥淭he Congressional Semiconductor Caucus will provide a venue for Members of Congress and industry professionals to share ideas and work collaboratively to advance policies that preserve and strengthen the semiconductor industry and our country. We applaud Sen. Risch, Sen. King, Rep. Sessions, and Rep. Lofgren for leading the caucus and for their longstanding support of policies that promote growth and innovation.鈥
Semiconductors are the brains of modern electronics, making possible the myriad devices we use to work, communicate, travel, entertain, harness energy, treat illness, and make scientific discoveries. 91成人 is the voice of the U.S. semiconductor industry, uniting companies that account for 80 percent of America鈥檚 semiconductor production.
The semiconductor industry directly employs nearly a quarter of a million people in the U.S. and supports more than 1 million additional U.S. jobs. In 2014, sales from U.S. semiconductor companies accounted for more than half of the $336 billion in total global semiconductor sales. Semiconductors are America鈥檚 third-leading manufactured export, behind aircraft and automobiles. The industry is highly research-intensive, investing one-fifth of revenues in R&D annually 鈥 more than any other industry.
鈥淚n the semiconductor industry and across the tech sector, innovation is made possible through the hard work and ingenuity of the industry鈥檚 scientists and engineers and is aided by smart public policy from the federal government,鈥 Neuffer said. 鈥91成人 looks forward to working with members of the Semiconductor Caucus to advance policies that facilitate free trade and open markets, modernize America鈥檚 tax system, strengthen America鈥檚 technology workforce, advance university research, and protect intellectual property, among other priorities.鈥
91成人 91成人
The 91成人 (91成人) is the voice of the U.S. semiconductor industry, one of America’s top export industries and a key driver of America鈥檚 economic strength, national security and global competitiveness. Semiconductors 鈥 microchips that control all modern electronics 鈥 enable the systems and products we use to work, communicate, travel, entertain, harness energy, treat illness, and make new scientific discoveries. The semiconductor industry directly employs nearly a quarter of a million people in the U.S. In 2014, U.S. semiconductor company sales totaled $173 billion, and semiconductors make the global trillion dollar electronics industry possible. Founded in 1977 by five microelectronics pioneers, 91成人 unites companies that account for 80 percent of America鈥檚 semiconductor production. Through this coalition, 91成人 seeks to strengthen U.S. leadership of semiconductor design and manufacturing by working with Congress, the Administration and other key industry stakeholders to encourage policies and regulations that fuel innovation, propel business and drive international competition.