In the fierce competition in the global semiconductor industry, TSMC and Samsung Electronics have recently announced that they will further invest in the U.S. market, a move that has aroused widespread concern about the future development of the Chinese market. Foreign media reported that this change is closely related to the change in China's attitude towards the procurement of technology products.
1. U.S. policies promote overseas investment
In recent years, with the rapid development of science and technology, the importance of the semiconductor industry has become more and more prominent. In order to ensure its leading position in the global semiconductor market, the U.S. government has introduced a series of policies to attract foreign companies, including TSMC and Samsung, to build factories in the United States. These policies include incentives such as financial subsidies and tax breaks aimed at reinvigorating U.S. industry and increasing its self-sufficiency in semiconductors.
In 2023, Samsung Electronics announced an investment plan of up to $44 billion in the United States to build new chip manufacturing facilities. The move is seen as a positive response to the U.S. investment climate and part of U.S. semiconductor policy.
2. The reaction and adjustment of the Chinese market
TSMC and Samsung have relied on the Chinese mainland market for business expansion for years. Not only is China the world's second-largest economy, but its electronics industry and advanced technology manufacturing are also growing, and the demand for semiconductor products continues to increase. However, in recent years, due to changes in the international situation, as well as sanctions and technical restrictions on Chinese companies by some countries, TSMC and Samsung's business have faced challenges.
For example, due to the U.S. ban on Huawei, TSMC and Samsung are unable to continue to produce chips or provide necessary equipment support for Chinese companies such as Huawei. This has prompted China to increase its independent research and development efforts, especially in the field of chips, and at the same time, China's semiconductor industry has also made some progress.
According to data from the General Administration of Customs of China, in the first 11 months of 2024, China's integrated circuit exports exceeded 1,000 billion yuan for the first time, a year-on-year increase of more than 20%. This growth rate is significantly higher than the overall growth rate of China's total imports and exports of goods, indicating that China's semiconductor industry is gradually moving away from dependence on external technologies.
3. The opening up and opportunities of the Chinese market
Despite the change in the direction of investment by TSMC and Samsung, China has maintained an open market. The Chinese Government has always attached great importance to attracting friendly foreign enterprises to develop in China and providing them with a good business environment. Any company willing to cooperate with China will find corresponding development opportunities in the domestic market.
China has always maintained an open attitude in attracting foreign investment, and since the reform and opening up, the economic and trade relations between the two countries have been deepening. Even in the context of trade frictions, China has maintained exchanges with the United States at all levels.
IV. Conclusion
With the changes in the global semiconductor industry landscape, enterprises and governments around the world are actively looking for strategies to adapt to the new situation. The investment choices of TSMC and Samsung illustrate the U.S. policy influence in the semiconductor sector. At the same time, the rapid rise of China's semiconductor industry has also brought a new competitive landscape to the global market.
In this rapidly changing era, how to grasp the opportunities in the complex international environment will be a question that every participant must consider. The future of China's semiconductor industry will also show new vitality and vitality in this wave of trends.