Dubai, May 30, 2022 (WAM) – Brain drains pose a direct challenge to future development, especially in the growing chip market with a handful of companies in the exclusive technology industry, now over 600 600 billion and expected with the Institute of Technology Innovation (TII). The partnership will grow by 29% per year, according to a report published by the World Organization of Summits of Governments (WGS).
The Technology Innovation Institute is a research institute affiliated with the Advanced Technology Research Council (ATRC) Abu Dhabi. This report highlights the serious challenges facing the world in the midst of a global shortage of microchips that could hinder the technological advancement of countries around the world as they seek to emerge from the COIVD-19 epidemic.
Greater equality is needed to ignite a new wave of semiconductor innovation, to avoid a global chip shortage, and to fix the monopoly sector by big business, says the report entitled “An Equitable Approach to Avoid Material Innovation.”
According to the report, very few countries can produce semiconductors. This situation has created a growing state of inequality that could have major consequences for science, technology and sustainable development worldwide if left unchecked.
Since 1995, semiconductor design and manufacturing has added $ 4-5 trillion to global GDP, with its indirect contribution reaching $ 15 trillion.
A handful of Titans who have unlimited control over semiconductor space have monopolized this huge market. Most computers and data centers rely on chips from US giants Intel and AMD, while mobile phone SIM cards are split between Apple, Qualcomm, South Korea’s Samsung and Taiwan’s MediaTek. The chips used in graphics design and artificial intelligence are controlled by Nvidia, while Cisco and Huawei take the place of computing systems.
Some developing countries have begun to rise to improved production. India, Malaysia and Singapore have made significant progress, thanks to advanced STEM education, strong ties with the United States (US) and low cost labor. Companies like Intel and Qualcomm have invested heavily in setting up smart chip design centers. It has contributed to the rise of the digital economy in Asia, boosting start-up growth and encouraging new chip designs.
Mohammad Yusuf Al Sharhan, Deputy Director General of the World Government Summit, said that one of the main objectives of such summits is to ensure sustainable development and transform the world into a small village where every operation is easily accessible. Thanks. Technology. The World Government Summit is a vital global resource for sharing knowledge and experience, as well as a resource for adopting technology to create and inspire innovative solutions and for the benefit of humanity and to shape a better future.
Dr. Srikant (Tiki) Thakkar, lead researcher at the Center for Secure Systems Research, TII, one of the major contributors to the report, said: “The days of monopolizing technology are almost over. The hardware industry needs to break this glass ceiling and make technology accessible to emerging nations of the world. Open systems can help these countries overcome their challenges and equip themselves with more advanced technology like their rivals and reap the rewards.
An egalitarian approach is needed to usher in a new era of microchip design, especially since it will be the backbone of future economic development, according to the report. Such technology relies on innovative silicon chip and digital system design, which poses a challenge for many, the report said.
The dominance of a few has brought hardship to many. Some of the most developed countries in Europe are struggling to match the technological power of silicon chips that are needed for power-edge computing and integrated artificial intelligence.
The report highlights multiple challenges in keeping semiconductor design and production in the hands of several major players. These problems include the lack of talent needed to participate in the next wave of hardware innovation and a brain drain that could see the journey of young professionals in the Western market.
Everyone will benefit from a more egalitarian and egalitarian approach to material innovation. This will allow people to participate in the process. It will benefit sustainable development in poor countries, maximize the benefits of open-source software, data and hardware, enable “commercial miracles” in the developing world, promote transparency and honesty in the use of algorithms and improve education.
The report examines the UAE’s efforts to innovate semiconductors and strengthen the sector. He noted the significant investment made by Chipmaker GlobalFoundries and praised Khalifa University, one of the first academic institutions in the region to provide training in semiconductor design.
The report includes a number of recommendations, including: providing devices with open technology so that all countries can benefit from the development process, accelerate testing and development, strengthen digital infrastructure, democratize the sector to strengthen confidence, and small businesses and Can enable developing countries. Review software and hardware security measures to improve quality and performance.
Translator: Jihane Fawzi.