2025 Update: U.S. Commerce Secretary Minimizes Huawei's New Chip Progress Amidst $6.6B Semiconductor Boost
Discover how U.S. Commerce Secretary Gina Raimondo emphasizes America's lead over China in advanced chip technology despite Huawei's recent breakthroughs, backed by massive U.S. investments in domestic semiconductor manufacturing.
KEY INSIGHTS
- U.S. Commerce Secretary Gina Raimondo downplays Huawei's recent microchip advancements.
- She asserts the U.S. maintains a significant technological edge over China in semiconductor innovation.
- The Biden administration channels billions to boost domestic semiconductor research and production.
In a recent interview on CBS News’ "60 Minutes," U.S. Commerce Secretary Gina Raimondo highlighted that Huawei Technologies’ latest China-made microchip, powering its Mate 60 Pro smartphone released in August 2023, still lags several years behind U.S. semiconductor technology.
Raimondo emphasized, "The United States leads globally with the most sophisticated semiconductors. China has yet to catch up. Our innovation edge remains strong," including Taiwan's contributions as part of this leadership.
Despite U.S. export restrictions placed on Huawei in late 2022, the company introduced a 5G-capable chip challenging Apple's dominance in China's premium smartphone market.
To counterbalance global competition, the Biden administration has committed substantial funding to revitalize America's semiconductor industry. Earlier this month, the White House unveiled up to $6.6 billion in direct federal support for Taiwan Semiconductor Manufacturing Company's (TSMC) new Arizona facility, under the CHIPS and Science Act.
Other major beneficiaries include Intel, awarded grants up to $8.5 billion plus $11 billion in loans, and Micron Technology, expected to receive $6.1 billion in federal grants to expand domestic chip manufacturing capabilities.
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