Abstract:
The global semiconductor industry, projected to reach $588 billion in sales revenue in 2024, is at the forefront of a growing technological and economic rivalry between the US and China. As the US tightens export controls and licensing policies towards China, concerns arise about the potential decoupling of the industry between these two nations. This paper investigates the potential impacts of a complete decoupling of the semiconductor industry between the US and China on global economic growth, considering the extensive integration and complementary positions of these nations within the global semiconductor value chain. The findings suggest that a complete decoupling of the semiconductor industry between the US and China could have significant economic and innovative costs and a multilateral approach between nations is recommended to foster international collaboration, driving innovation and economic growth in the semiconductor ecosystem.
Tenth International Scientific-Business Conference LIMEN Leadership, Innovation, Management and Economics: Integrated Politics of Research - LIMEN 2024 - International Scientific-Business Conference β LIMEN 2024: Vol 10. Conference Proceedings , December 5, 2024
Conference Proceedings published by: Association of Economists and Managers of the Balkans, Belgrade, Serbia
ISBN: 9788680194929 , ISSN: 26836149 , DOI: 10.31410/LIMEN.2024
Creative Commons Non Commercial CC BY-NC: This article is distributed under the terms of the Creative Commons Attribution-Non-Commercial 4.0 License (https://creativecommons.org/licenses/by-nc/4.0/) which permits non-commercial use, reproduction and distribution of the work without further permission.


