In Episode 356 of Hidden Forces, Demetri Kofinas speaks with Paul Triolo, Senior Vice President for China and Technology Policy Lead at Albright Stonebridge Group, where he advises clients in technology, financial services, and other sectors as they navigate complex political and regulatory matters around the world.

This episode was inspired by an article Paul recently published for American Affairs titled “A New Era for the Chinese Semiconductor Industry.” In it, he examines how semiconductor export controls levied by the US Commerce Department have been received in Beijing and how China's domestic semiconductor ecosystem has responded.

Paul and Demetri spend the first hour of the episode assessing the state of the Biden administration’s strategic competition with China in the area of semiconductors. Specifically, they ask (1) what are the administration’s goals, (2) are those goals clear to Western companies that have depended on selling into the Chinese market for a large share of their revenues, (3) and is the administration itself clear on what it wants to accomplish with these efforts?

In the second hour, they examine the fallout from the 2022 and 2023 semiconductor export controls, including some of the unintended consequences that could adversely impact major players in the Western semiconductor ecosystem over the long term. They discuss the Chips Act and whether more needs to be done to support America’s domestic semiconductor industry. They also do a deep dive into China’s response to these measures, including a new top-down approach to industrial policy and fully supporting open-sourced hardware architectures as a way to protect their companies from further restrictions. Lastly, they examine China’s success in electric vehicles and whether this is a harbinger of what could happen in other sectors if American policymakers are not careful.

You can subscribe to our premium content and access our premium feed, episode transcripts, and Intelligence Reports at HiddenForces.io/subscribe.

If you want to join in on the conversation and become a member of the Hidden Forces Genius community, which includes Q&A calls with guests, access to special research and analysis, in-person events, and dinners, you can also do that on our subscriber page at HiddenForces.io/subscribe.

For a 50% discount to American Affairs, use the code “HIDDENFORCES24” during checkout.

If you enjoyed listening to today’s episode of Hidden Forces, you can help support the show by doing the following:

Write us a review on Apple Podcasts & Spotify

Subscribe to our mailing list at https://hiddenforces.io/newsletter/

Producer & Host: Demetri Kofinas

Editor & Engineer: Stylianos Nicolaou

Subscribe and Support the Podcast at https://hiddenforces.io

Join the conversation on Facebook, Instagram, and Twitter at @hiddenforcespod

Follow Demetri on Twitter at @Kofinas

Episode Recorded on 03/05//2024

A New Era for China's Semiconductor Industry | Paul Triolo

Hidden Forces