“In this technology competition, the biggest disadvantage of the United States is its unwillingness to spend money.” On September 10, local time, James Andrew Lewis, Senior Vice President and Director of the Technology Policy Program of the Center for Strategic and International Studies, James Andrew Lewis) expressed his concern about China’s investment in semiconductor development in the US media program, calling”unwillingness to spend” as a major disadvantage of the United States in this competition.

getUrls?link=3bbaf364426b5f0ee071d006bd98966a - China is increasing investment in semiconductors, and US experts are"anxious":The biggest disadvantage of the United States in this competition is its unwillingness to spend money

James Andrew Lewis in the show/video screenshot

According to the US Consumer News and Business Channel (CNBC), Lewis worked for the US Department of State and the US Department of Commerce In a CNBC program that day, he said,”In terms of semiconductor investment, China may far surpass us. It is 1000 to 1, 1000 to 1 (for us) and it is impossible to win this race.” Lewis explained Although both parties support a bill to increase federal incentives to maintain America’s leadership in semiconductor manufacturing, so far”(support) has not been converted into funding.”

getUrls?link=387293265d27a7b82dabcf04100bc496 - China is increasing investment in semiconductors, and US experts are"anxious":The biggest disadvantage of the United States in this competition is its unwillingness to spend money

CNBC mentioned that semiconductors are an important part of the science and technology competition between China and the United States. Of course, the competition also includes artificial intelligence and quantum computing.

“I think they have realized that if you want to play this game with China, you will have to spend more than millions of dollars.” Lewis added.

Previously, media reports stated that”The US Department of Defense is deciding whether to take measures against SMIC.” CNBC stated that SMIC is one of the main participants in China’s local semiconductor industry plan. Most of the chips currently used in China are imported and rely on foreign suppliers for access to advanced semiconductor products.

Lewis said,”China has many advantages-willingness to spend money, heavy investment in technology, and a very decisive government… I think they have learned from the experience of the United States that they have a leading position in technology. Can give you power and influence in this world, they will pursue this.”

Source:World Wide Web