Tech group calls on feds to take action on boosting semiconductor industry

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Tech group calls on feds to take action on boosting semiconductor industry
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Failure to act could mean Canada is left out of a burgeoning part of the global economy SILICAN says is forecast to reach $1.3 trillion in sales by 2030

Yann Lapnet holds a silicon wafer with chips etched into it at a site where Applied Materials plans to build a $4 billion research facility, in Sunnyvale, Calif., on May 22.A group of technology organizations is calling on the federal government to bolster Canada’s semiconductor industry or risk talent and companies moving elsewhere.

“It’s a train that is leaving the station and either you’re on it or you’re not, and being smart and strategic is really going to matter here.” The country also has strength in advanced packaging, which puts chips together and delves into how to connect them and create better systems.“You have to pick where you want to be in the supply chain.”

The U.S. is throwing plenty of money at ramping up production within its borders through the CHIPS Act.“That’s not how we’re going to be successful at this. How we’re going to be successful is having a strategic plan.”

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Tech group calls on feds to take action on boosting semiconductor industryTech group calls on feds to take action on boosting semiconductor industryA group of technology organizations is calling on the federal government to bolster Canada's semiconductor industry or risk talent and companies moving elsewhere.
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