The World Government Summit Foundation report praised the role of the UAE Global Foundries in promoting local innovation by investing in the chip industry.
With several tech giants buying the global chip and semiconductor industry, the UAE has managed to offer a pioneering experience in promoting local innovation by investing in Global Foundries, a chipmaker that aims to bridge the gap between supply and demand. supply and high demand in the markets.
The report also praised the contribution of Khalifa University, which was one of the first educational institutions in the region to provide semiconductor design training, and stressed the importance of providing open technology equipment to all, so that all countries benefit from development. the process, as well as speeding up the testing and development process of equipment and improving its infrastructure and increasing the confidence-building “democratization”, allows companies and smaller countries to carefully consider the security process across the entire software and hardware system. and improve quality.
The knowledge report released by the World Government Summit Foundation confirmed that the spread of advanced technology represents a major challenge for future industry efforts and the improvement of the global development process, as a result of the limited authorities leading the production of advanced. systems and their vital components, especially chips and semiconductors, which pose a challenge to the spread of knowledge and science, the rapid advancement of technology and the delay in the arrival of technical jumps.
The report, published by the Summit Foundation in partnership with the Institute for Technological Innovation (TII), the leading global research institution specializing in advanced research and innovation in quantum computing, autonomous robotics, and cryptography, provided an integrated presentation on the challenges with it. which countries face in the process of developing their technological and innovative infrastructure to foster global growth.
Some companies dominate the markets
The report, entitled “Equivalent Approach to Unlocking Hardware Innovation,” noted that individual companies operating in the market have become almost the only source of chips and semiconductors and control entire sectors, for example, most computers and centers. of data in the world depends on the chips of the two companies “Intel and” AMD “of America, while the chips that work for mobile phones worldwide are distributed in” Apple “and” Qualcomm “of the United States,” Samsung of Korea “and “Taiwan’s MediaTek, while the chips used in the graphic and artificial intelligence sectors are under control.” American Nvidia, while American Cisco and Chinese Huawei, share control of microchips that operate networks that connect computer systems.
He noted that some emerging economies have begun to catch up with advanced manufacturing, as India, Malaysia and Singapore have made great strides, thanks to advances in science, technology and math education programs, and close relations with the United States. and the presence of low levels. – the cost of domestic labor, and Intel and Qualcomm have also made significant investments To establish intelligent chip design centers, helping to launch digital economies in these countries and foster the growth of smaller start-up businesses that create new chips.
Muhammad Yousef Al-Sharhan, Deputy Director of the World Government Summit Foundation, stressed that the Summit Foundation seeks to ensure continuity in development and increase government support for modern technology to facilitate the lives of societies and improve systems for the benefit of people, which makes it one of the most important centers of global knowledge and exchange of experiences, in addition to being an important resource for formulating new strategies and inspiration for innovative solutions and ways to adopt modern technology and form a better future.
He noted that the report, which was presented in partnership with the Institute for Technological Innovation, is a new step in strengthening the work of governments in the technology sector and the development of research and production plans in this vital sector, thus contributing to building a sustainable future.
“The monopoly on technology leadership is almost over,” said Dr. Shrekant / Tekke / Takkar, Senior Research Scientist at the Secure Systems Research Center of the Institute for Technological Innovation, a key contributor to the report “Equality approach needed to unleash device innovation”. From technology, we need to break this glass ceiling to make silicone fixtures and systems and place technology within the reach of developing countries around the world. “Open systems can help these countries meet the odds and overcome the challenges of becoming as technologically advanced as their advanced peers and being able to reap the benefits of this progress.”
The report states that the design and production of semiconductors since 1995 has contributed about $ 4 to $ 5 trillion to total world production and its indirect contribution has reached $ 15 trillion, while the direct annual revenues of the chip industry have exceeded the Barrier of $ 600 billion, with a growth rate of over 29% per year.
A new approach to technological equality
The report touched on the urgent need to adopt a new global approach of technological equality to unleash the process of innovation in electronic devices, especially as this type of innovation will be the pillar and pillar of the new global wave of economic development, but depends mainly on chips innovative silicon and digital systems design That the dominance of some countries and companies in this sector has made other countries, including some of the most advanced countries in Europe, struggle to catch up with the technological innovation of silicon chips.
He stressed that the challenges are not limited to countries, but also involve giant companies, as it is estimated, for example, that car manufacturers in the United States have lost about $ 300 billion in sales due to the lack of chips in 2021, while companies such as Tesla, whose technology sources they controlled, were able to avoid this shortcoming.
The report examined the challenges posed by this reality on more than one level, including those faced by countries to build the domestic talent required to participate in the next wave of innovation, in addition to exacerbating brain drain, putting noting that humanity will benefit from an equal access to equipment innovation and enable everyone to participate in the process. Innovation that will enable development, will maximize the benefits of open source software, data and hardware, will enable “business wonders” in the developing world, will provide greater transparency in the use of algorithms, more practices good in this sector and providing the best educational opportunities for students worldwide.