One thing that Asian governments have insisted on is export discipline. Companies could only get grants, loans, etc if they exported their goods. The idea is to force domestic producers to be good enough to be competitive internationally. How does one make sure that the US chip manufacturing industry stay competitive without this sort of export discipline?
That policy made sense for Asia because they got their start through technology transfer agreements.
This policy ensured that these agreements weren't just thinly veiled attempts to bypass import tariffs and were actually commercially viable in the global market.
> How does one make sure that the US chip manufacturing industry stay competitive without this sort of export discipline?
If we keep low tariffs on SK and Taiwan, I don't see how a domestic manufacturer has any choice but to compete in the global market, removing the need for this export requirement.
This is part of why US semiconductor manufacturers have had a hard time competing with Asia, especially in commodity semiconductors (i.e. memory and packaging the first to get off-shored).
