Commentary
Capitol Connection: A roadmap for semi industry's future
brian toohey
2/1/2013 3:35 PM EST
Wanted: Tax reform
Fourth, leaders in Washington should reform the corporate tax system to enhance America’s competitiveness, boost U.S. design and manufacturing, and promote American innovation.
America’s tax structure lags behind many other countries’ systems, blocking possible pathways to innovation in the U.S. SIA will work to ensure that any tax legislation reflects the semiconductor industry’s core tax priorities – adoption of a lower rate, a territorial system, and incentives for innovation. We are pleased that Congress recently extended the R&D tax credit through 2013, and we will continue our push to expand the credit and make it permanent.
Fifth, industry and government should work together to improve the security and authentication of semiconductor products.
With the proliferation of counterfeit semiconductors a growing economic and national security concern, SIA will work to advance legislation that stops counterfeit semiconductors from entering the U.S., promote stricter government procurement guidelines, enhance international efforts to stop counterfeiting at its source, and explore various research opportunities and technology solutions in order to drive the debate on the future of technology security. Lastly, policymakers should support sustainability practices and innovation development by ensuring that regulations meet the needs of the semiconductor industry.
The U.S. semiconductor industry has a longstanding and distinguished record of environmental stewardship. However, certain environmental regulations – when applied broadly to all industries – could inappropriately undermine semiconductor design and manufacturing processes in the U.S. We will work to continue protecting the environment while also ensuring that regulation of chemicals and other materials does not limit industry’s current operations, product design, or future innovation. The new year has brought with it a new Congress, a newly re-elected President, and new hope that our leaders in Washington will set aside partisan differences to do what’s right for America. Policymakers can take an important step in that direction by enacting SIA’s Policy Roadmap in 2013 to strengthen the U.S. semiconductor industry and the overall U.S. economy.
Next month: Federal funding for university research
About the author
Brian Toohey is president and CEO of the Semiconductor Industry Association (SIA), the voice of the U.S. semiconductor industry. Joining the association in 2010, Toohey brings more than two decades of experience and knowledge in both federal and international affairs as well as working in innovative technology, medical device, and pharmaceutical industries. At SIA, Toohey is responsible for setting and leading the public policy agenda and serving as the primary advocate for maintaining U.S. leadership in semiconductor design and manufacturing.
Fourth, leaders in Washington should reform the corporate tax system to enhance America’s competitiveness, boost U.S. design and manufacturing, and promote American innovation.
America’s tax structure lags behind many other countries’ systems, blocking possible pathways to innovation in the U.S. SIA will work to ensure that any tax legislation reflects the semiconductor industry’s core tax priorities – adoption of a lower rate, a territorial system, and incentives for innovation. We are pleased that Congress recently extended the R&D tax credit through 2013, and we will continue our push to expand the credit and make it permanent.
Fifth, industry and government should work together to improve the security and authentication of semiconductor products.
With the proliferation of counterfeit semiconductors a growing economic and national security concern, SIA will work to advance legislation that stops counterfeit semiconductors from entering the U.S., promote stricter government procurement guidelines, enhance international efforts to stop counterfeiting at its source, and explore various research opportunities and technology solutions in order to drive the debate on the future of technology security. Lastly, policymakers should support sustainability practices and innovation development by ensuring that regulations meet the needs of the semiconductor industry.
The U.S. semiconductor industry has a longstanding and distinguished record of environmental stewardship. However, certain environmental regulations – when applied broadly to all industries – could inappropriately undermine semiconductor design and manufacturing processes in the U.S. We will work to continue protecting the environment while also ensuring that regulation of chemicals and other materials does not limit industry’s current operations, product design, or future innovation. The new year has brought with it a new Congress, a newly re-elected President, and new hope that our leaders in Washington will set aside partisan differences to do what’s right for America. Policymakers can take an important step in that direction by enacting SIA’s Policy Roadmap in 2013 to strengthen the U.S. semiconductor industry and the overall U.S. economy.
Next month: Federal funding for university research
About the author
Brian Toohey is president and CEO of the Semiconductor Industry Association (SIA), the voice of the U.S. semiconductor industry. Joining the association in 2010, Toohey brings more than two decades of experience and knowledge in both federal and international affairs as well as working in innovative technology, medical device, and pharmaceutical industries. At SIA, Toohey is responsible for setting and leading the public policy agenda and serving as the primary advocate for maintaining U.S. leadership in semiconductor design and manufacturing.
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iniewski
2/1/2013 3:58 PM EST
Brian, interesting thoughts, would you be interested in sharing them at CMOS symposium in Whistler in July? details at www.cmosetr.com, kris.iniewski@gmail.com
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SIA Comms
2/4/2013 12:16 PM EST
Thanks for the invitation Kris.
Its definitely something that SIA will look into.
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bogdanbmcc
2/12/2013 2:51 PM EST
"protect intellectual property"? As long as this activity DOES NOT involve software patents where the abuse of the system is just ridiculous. The whole IP concept needs to be re-thought. As it stands now it is actually a roadblock to innovation, allowing the entrenched entities to protect their turf from possible innovative competition. The primary purpose of IP now appears to be blocking anybody, do they have better ideas or not. It does not matter if it is a better phone or not, it cannot be made if it is an oblong square...
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