Amkor ($AMKR) podcast mentions
Yeah, we're probably not going to be having the impact we want to have. So we pounded the table, like, we went hard to try to get more packaging in the United States. And we went direct to market to companies that do packaging, and we also applied a lot of pressure on the chipmakers themselves saying like, hey, if you want federal funds, like, one, one thing we need to understand is where these chips are going to be packaged, right? And so in some instances, those, those efforts led to new projects being announced in the United States. Like we had a company called Amkor announce a major advanced packaging project in Arizona, not far from where the TSMC plant is being built. But in some cases, we also had companies commit to changing where their packaging is happening abroad. So saying, we're going to build as part of this deal, We commit that within 5 years we will have another packaging facility outside of China and Taiwan, you know, in a different, more resilient place. So that's, that's the concept of, of, of vertical resilience. And there I think the, the big lesson or intuition is, you know, policymakers really should be looking at the full vertical supply chain to say, where are there going to be sticky areas of dependence, right? If there are areas of dependence that maybe can be addressed in a few months, like the mask equivalent, maybe you don't need a solution to everything. But if they're something like an advanced patching facility, which takes a couple years to build and is expensive, et cetera, then yeah, I think you want to make sure you have a comprehensive policy framework. Okay. So horizontal resilience is saying, okay, let's say there are 5 or 10 major industrial dependencies on China, right? Do we have to address all of those in order to shift the strategic dynamic in our favor? And I think the intuition there is obviously it's great to address all of them, but also there can be a lot of value in addressing the most acute dependencies, and that the returns to those investments from a strategic standpoint can be substantial, even if a set of other dependencies might remain.
Mike Schmidt · The Lawfare Podcast · Lawfare Daily: Mike Schmidt Talks CHIPS and U.S. Industrial Policy · 2026-09-04