What is the USA Missing in Technology ?

16^th Feb 2023,  California, USA

From the desk of: Ms. Megan Krim

America has lost nearly one-third of its manufacturing jobs in the past 10 years. Technology Manufacturing is focused in China. China accounts was over 90% of the Consumer Electronics and Technology products in USA. Most of the Products carry “Made in China” tag.  

US Ex-President Donald Trump was focusing on the “Make in America” and Creating jobs in USA but unfortunately it has not taken off.  Donald Trump in one of his interviews mentioned that Apple should shift production to USA and reduce dependence on China. Unfortunately, nothing has happened. Most of the technology products are still “Made in China” and neither Apple nor any company plans to act on this. All our Dollars are going to China making them stronger with each passing day.

China has been floating balloons all over and USA has been shooting the ones entering USA. China and USA stress has been growing and would continue to escalate and this is going to be affecting the electronics, semiconductors and growing EV market in the USA.

American Manufacturers need to do the following :
1.  Create a Supply Chain in USA
2.  Innovate
3.  Invest in Manufacturing and Factories
4.  Automation and Training

One company plans to exactly the same in US. Simmtronics – a technology manufacturer with over 30 years expertise in the Semiconductors and Technology space has plans for the US market as part of their global plans. The Founder - Mr. Indrajit Sabharwal has a thorough understanding of the exact requirements of technology manufacturing in USA and has aggressive plans to change and create a Game changer in the technology world. His vision is to enter the USA market and ensure a sound supply chain to companies and reduce their dependency on China. Components to Final Products is his plan including creating over 1000 jobs for USA work force.

Based on the USA Chips Act and other incentives laid out for manufacturing, 2023 – 2024 can be the years and we can hopefully get manufacturing off the roller coaster and launch into lasting growth and create more job opportunities. The “Make in America” vision needs to happen to make America great again.