CEOs Urge Action to Improve Electronics Manufacturing Ecosystem
A letter organized by IPC members argues that despite the outsized importance of electronics in the modern economy, the U.S. has for decades failed to sufficiently value the importance of electronics manufacturing.
More than 50 CEOs recently urged Commerce Secretary Gina Raimondo to take concrete steps to address challenges confronting the entire U.S. electronics supply chain. A letter organized by members of IPC urges Raimondo to address “a fundamental mistake” that has characterized U.S. technology policy for decades: the idea that the U.S. can be a technology leader by designing electronic products that cannot be domestically manufactured.
The letter argues that despite the outsized importance of electronics in the modern economy, the U.S. has for decades failed to sufficiently value the importance of electronics manufacturing. U.S. policy bolstered specific components of the electronics supply chain—especially semiconductors—without fully appreciating that electronics is a sophisticated ecosystem. Like any ecosystem, each component must be resilient for the entire ecosystem to thrive.