Arizona could see billions of dollars from federal legislation for domestic semiconductor industry.

You miss 100 percent of the shots you never take, and if you think it’s expensive to hire a professional to do the job, wait until you hire an amateur. FOR OVER 20 YEARS, I HAVE WORKED EXTENSIVELY WITH OWNERS AND BUYERS IN LAND, COMMERCIAL AND INVESTMENT REAL ESTATE IN PHOENIX, TUCSON AND THROUGHOUT ARIZONA. PLEASE LET ME KNOW HOW I CAN HELP YOU. Call me if you want to sell your property and  need an estimated value.   Phone / Prefer cell: 520-975-5207
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In Business and in Life you don’t get what you deserve, you get what you Negotiate.

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Russ Wiles  Arizona Republic  6/2/2021

As a growing hub for manufacturing semiconductors — the little brains inside everything from cellphones to computers to automobiles — Arizona stands to benefit to the tune of billions of dollars if Congress passes the U.S. Innovation and Competition Act.

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The bipartisan legislation, which the Senate is expected to continue debating after it returns from its Memorial Day recess around June 7, addresses a range of technology, scientific, trade and other issues. Of a total legislative price tag that could top $200 billion, more than $50 billion would strengthen the domestic chip-making industry and counter massive incentives given to foreign rivals by their governments, proponents say.

It would finance semiconductor manufacturing, further research and development and enhance supply-chain security. It also could fund space research programs developed in part by Arizona universities.

The bill, which also includes support for other technology industries including robotics and artificial intelligence, has received strong backing from both of Arizona’s U.S. senators, Democrats Kyrsten Sinema, who was among a group that introduced the bill in the Senate last year, and Mark Kelly. The House of Representatives has not yet taken it up.

Wide-ranging legislation proposed

The legislation combines several bills and amendments dealing with everything from semiconductor support and intellectual property protections to wages paid by federal contractors and country-of-origin labeling on goods sold over the internet.

Owing to its broad scope and the large dollars involved, the legislation has attracted scattered opposition, including concerns that its anti-China tone could stoke hostility toward Asian Americans.

Nevertheless, the bill easily passed through the Senate’s Commerce and Foreign Relations committees. Co-sponsor and Senate Majority Leader Chuck Schumer, D-New York, said it could be “one of the most significant pieces of bipartisan legislation we pass in a very long time.”

Thesemiconductor piece of the legislation would invest more than $50 billion into manufacturing and research to strengthen and sustain American leadership in this area, which is essential to the country’s economy and national security, according to the Semiconductor Industry Association.

Semiconductors or chips were invented in the U.S., but America’s dominance has eroded, both in developing cutting-edge technology and in overall production.

“As a result of substantial government investments from global competitors, the U.S today accounts for only 12% of global semiconductor manufacturing capacity,” said Keith Jackson, former CEO of Phoenix-based ON Semiconductor and former chair of the Semiconductor Industry Association, in an earlier prepared statement.

Arizona among top chip-making states

Commercial semiconductor fabs or factories are located in 18 states, including Arizona, and semiconductors rank as the nation’s fifth-largest export and an industry where the U.S. runs a trade surplus.

Arizona’s roughly 28,900 direct jobs in the industry account for more than 10% of the national total of 250,000, according to a report by the Semiconductor Industry Association and Oxford Economics. Arizona ranks fourth overall in semiconductor employment behind first-place California, followed by Texas and Oregon.

The 12 fabs or factories in Arizona, which are largely clustered in the East Valley, are operated by 10 companies including Silicon Valley giant Intel, Chandler-based Microchip Technology and NXP, headquartered in the Netherlands. That total will be augmented by a giant fab being built by Taiwan Semiconductor Manufacturing Co. in north PhoenixAll that’s in addition to two new chip factories to be built by Intel in Chandler.

 The domestic industry has agitated for more federal support to counteract significant incentives adopted by other countries that imperil U.S. leadership, they say. “U.S. semiconductor manufacturing growth lags behind these countries due largely to a lack of federal incentives,” the association said.

The legislation, formerly called the CHIPS for America Act, could include $10 billion for a new federal grant program along with an investment tax credit for companies to buy manufacturing equipment and invest in facilities, according to the association.

U.S. semiconductor design and manufacturing companies invest approximately one-fifth of their revenue in research and development, totaling about $44 billion in 2020, representing the second-highest rate of research investment of any industry.

However, federal government investment is only a small fraction of U.S. semiconductor R&D, and well below that of China.

In fact, the proposed legislation “starts an overdue debate on how to tackle long-term strategic competition with China,” wrote Walter Lohman, director of the Asian Studies Center at the conservative Heritage Foundation.

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Important for economy, defense

The legislation also would make significant investments at the Department of Defense and other federal agencies to drive semiconductor research. In addition, it would establish a National Semiconductor Technology Center and create a center on advanced semiconductor “packaging” or casings containing multiple devices or integrated circuits.

Upon touring an Intel factory in Chandler recently, Kelly called semiconductor research both a national security issue and a crucial component in keeping the economy moving, as seen with the recent idling of automobile plants owing to a global chip shortage.

“If we’re going to stay ahead of our competitors or adversaries, this is a critical part of that,” he said.

Proponents say federal incentives are needed even though many domestic companies are highly profitable. Intel alone earned net income of $20.9 billion in 2020. Three Arizona-based corporations — On Semiconductor, Microchip Technology and Amkor Technology of Tempe (which is involved in semiconductor packaging and testing) — logged another $900 million in combined profits.

John Costello, vice president of government affairs for Chandler-based Microchip, drew a distinction between what he called state-of-the-art semiconductors that are largely driven by demand for “handheld gadgets” and mission-critical semiconductors that are used in weapons and space applications.

Chips in the latter category are tested for military and space standards. “This is a low volume, high mix, labor intensive business model which most companies exited for the more lucrative commercial market,” he said in an email.

Some mission-critical components can be used in commercial applications, but generally they’re more difficult to sustain without government assistance, Costello said. Much of the demand for this latter group of semiconductors depends on appropriations in federal budgets.

Space research for universities, too

The legislation also includes funding for space research. This could benefit several Arizona universities in various ways.

Projects cited by Sinema’s office include support for the Lunar Surface Innovation Consortium, which continues exploration of the moon and in which Arizona State University is a leading participant, and authorization for NASA to complete the Perseverance mission to Mars. The main camera used for navigation on the Perseverance rover was designed and constructed by an ASU team.

Also, the legislation directs NASA to complete the James Webb Space Telescope, for which the University of Arizona built the telescope’s Near Infrared Camera, and it directs NASA to invest in orbital debris mitigation, hypersonic-travel research and in-space robotic refueling, repair and refurbishment — all of which are research priorities at both ASU and the UA.

It also includes the 21st Century Space Grant Modernization Act, which would ensure that ASU, UA, Northern Arizona University and Embry-Riddle Aeronautical University in Prescott all receive a share of annual funding from NASA. Plus, it would require NASA to provide funding for the launch of small satellites conducting science missions that are developed by ASU, UA and NAU.

In addition, it would establish a Planetary Defense Coordination Office and require that agency to fund construction of the Near-Earth Object Surveillance Mission or telescope to scan for hazardous objects heading toward Earth, with work conducted by the UA.

Reach the reporter at russ.wiles@arizonarepublic.com.

Reporter Yvonne Wingett Sanchez contributed to this article.

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FROM ME:  FOR OVER 20 YEARS, I HAVE WORKED EXTENSIVELY WITH OWNERS AND BUYERS IN LAND, COMMERCIAL AND INVESTMENT REAL ESTATE IN PHOENIX, TUCSON AND THROUGHOUT ARIZONA. Now is the time, if you are thinking of selling or purchasing your Land or Commercial Building in Phoenix, Scottsdale, Maricopa County, Pinal County, Arizona / Office  / Retail  / Industrial  / Multi-family /  please call me on my cell 520-975-5207 or e-mail me     walterunger@ccim.net. Investors and Owner / Users need to really know the market today before making a move. The market has a lot of moving parts. What is going on socio-economically, what is going on demographically, what is going on with location, with competing businesses, with public policy in general — all of these things affect the quality of selling or purchasing your Commercial Properties, Commercial Investment Properties and Commercial and large tracts of Residential Land  Therefore, you need a broker, a CCIM (Certified Commercial Investment Member) who is a recognized expert in the commercial and investment real estate industry and who understands your needs. I am marketing my listings on Costar, Loop-net,  CCIM,  CREXi, Catylist, and various other web sites.  I also sold  hundreds millions of dollars’ worth of  Investment Properties / Owner User Properties in Retail, Office Industrial, Multi-family and Land in Arizona and therefore I am working with  brokers, Investors and Developers. I am also a CCIM and through this origination ( www.ccim.com ) I have access to marketing not only in the United States, but also international

   What is a CCIM.  In Business and in Life you don’t get what you deserve, you get what you Negotiate.

Are you ready to sell or purchase your Land or Commercial Building in Phoenix, Scottsdale, Maricopa County and Pinal County, Arizona, please call me?

contact me if you want the me to get you the value of your property.

CCIM DEAL MAKERS    FALL 2020   THE BIGGEST DEAL   WALTER UNGER, CCIM, WITH WEST USA COMMERCIAL DIVISION IN PHOENIX REPRESENTED GCG HOLDINGS LLC IN ITS $29.43 MILLION SALE OF GOLD CANYON GOLF RESORT AND SPA IN GOLD CANYON, ARIZ., TO GOLD CANYON MJ LLC.

Are you ready to sell or purchase your Land or Commercial Building in Phoenix, Scottsdale, Maricopa County and Pinal County, Arizona, please call me?

CCIM DEAL MAKERS    FALL 2020   THE BIGGEST DEAL  / WALTER UNGER, CCIM, WITH WEST USA COMMERCIAL DIVISION IN PHOENIX REPRESENTED GCG HOLDINGS LLC IN ITS $29.43 MILLION SALE OF GOLD CANYON GOLF RESORT TO GOLD CANYON MJ LLC.

Click here to find out what is a   CCIM:

 CLICK HERE TO VIEW ALL MY LISTINGS. 

PRESS RELEASE: Gold Canyon resort sells for $29.4M. Walter Unger CCIM from West USA Commercial Division Brokered the Transaction.

http://walter-unger.com/gold-canyon-resort-sells-for-29-4m/

Are you ready to sell or purchase your Land or Commercial Building in Phoenix, Scottsdale, Maricopa County and Pinal County, Arizona, please call me?

What is a CCIM.

Walter Unger CCIM

Associate Broker

West USA Commercial Division

7077 E MARILYN RD.

Suite 200, Building 4.

Scottsdale AZ, 85254

Phone: 480-948-5554

Cell: 520-975-5207

walterunger@ccim.net

History of Arizona from  900 BC – 2017 -Timeline.

History of Arizona from  900 BC – 2017 -Timeline.

WHY PHOENIX? AMAZING!!!  POPULATION – IN 1950 THERE WERE 331,700 PEOPLE LIVING IN PHOENIX – “NOW 5 MIL”. – “5TH. BIGGEST CITY IN USA”

PHOENIX TOPS US IN POPULATION GROWTH (MORE THAN LA, NYC) AND WHY THAT’S GOOD FOR THE ECONOMY, BUSINESS

History of Arizona from  900 BC – 2017 -Timeline.

WHY PHOENIX? AMAZING!!!  POPULATION IN 1950 – 350 K PEOPLE; “NOW 5 MIL”. – “5TH. BIGGEST CITY IN USA”

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  • DEMOGRAPHIC FACTS ABOUT MARICOPA COUNTY:

Walter Unger CCIM –  walterunger@ccim.net   – 1-520-975-5207  –  http://walter-unger.com

Why Phoenix?  This is a very interesting article, you should read it, amazing, there were only 350 K people living in Phoenix in 1950

Timeline of Phoenix, Arizona history

Phoenix, Arizona

Facts of Arizona – year 1848 to 2013

CLICK HERE:  Arizona Opportunity Zones As We Understand /maps. Interested!!! Please contact me.

Feel free to contact Walter regarding any of these stories, the current market, distressed commercial real estate opportunities and needs, your property or your Investment Needs for Comercial Properties in Phoenix, Tucson, Arizona.

Walter Unger CCIM

Associate Broker

West USA Commercial Division

7077 E MARILYN RD.

Suite 200, Building 4.

Scottsdale AZ, 85254

Phone: 480-948-5554

Cell: 520-975-5207

walterunger@ccim.net

What is a CCIM.

FOR OVER 20 YEARS, I HAVE WORKED EXTENSIVELY WITH OWNERS AND BUYERS IN LAND, COMMERCIAL AND INVESTMENT REAL ESTATE IN PHOENIX, TUCSON AND THROUGHOUT ARIZONA. PLEASE LET ME KNOW HOW I CAN HELP YOU PLEASE CALL ME

CLICK HERE TO VIEW ALL MY LISTINGS. 

https://www.crexi.com/properties?searchBrokerId=17513

Also Call me if you need an estimated value of your Property.

Call me if you want to see a map with what is in the Construction Pipeline for Apartments.

Prefer cell: 520-975-5207,   or email me walterunger@ccim.net.       CLICK HERE TO VIEW ALL MY LISTINGS.    

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I am a successful Commercial / Investment Real Estate Broker in Arizona now for 20 years.  If you have any questions about Commercial / Investment Properties in Phoenix or Commercial /  Investment Properties in Arizona,  I will gladly sit down with you and share my expertise and my professional opinion with you. I am also in this to make money therefore it will be a win-win situation for all of us. 

Please reply by e-mail walterunger@ccim.net or call me on my cell 520-975-5207

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