US firms still dominate chip subsidies
China's support is greater relative to semiconductor industry revenue
A report from the Organization for Economic Co-operation and Development (OECD) has found that semiconductor firms based in the United States received more government support than those based in any other region.
However, support for China's chip industry was larger relative to the revenue generated by Chinese semiconductor firms, reaching close to 10 percent of sales in the early 2020s.
The OECD - a forum for members espousing the market economy and democracy - said the global semiconductor market was worth $631 billion in 2024. It expected continued growth on the back of investment in datacenters, artificial intelligence, and autonomous driving. Its measure of the market includes chip design, manufacturing, testing and packaging, but not manufacturing equipment such as photolithography machines.
Firms based in the United States and Asia (eg Japan, Korea, and Taiwan) have long been the key players in...
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