President Obama announces semiconductor industry working group to review U.S. competitiveness

President Barack Obama’s Council of Advisors on Science & Technology (PCAST) today announced the launch of a new Semiconductor Working Group that will provide recommendations to address the rapid rise of semiconductor businesses abroad.
Chips are the heart of everything electronic, and they have become a $330 billion worldwide industry. U.S. companies have held the leading market share in the industry — which puts the silicon in Silicon Valley — for decades. The Semiconduct