by Semiconductor Industry Association
WASHINGTON—July 17, 2023—The Semiconductor Industry Association (SIA) released the following statement regarding potential additional government restrictions on semiconductors.
“Recognizing that strong economic and national security require a strong U.S. semiconductor industry, leaders in Washington took bold and historic action last year to enact the CHIPS and Science Act to strengthen our industry’s global competitiveness and de-risk supply chains. Allowing the industry to have continued access to the China market, the world’s largest commercial market for commodity semiconductors, is important to avoid undermining the positive impact of this effort. Repeated steps, however, to impose overly broad, ambiguous, and at times unilateral restrictions risk diminishing the U.S. semiconductor industry’s competitiveness, disrupting supply chains, causing significant market uncertainty, and prompting continued escalatory retaliation by China.
“We call on both governments to ease tensions and seek solutions through dialogue, not further escalation. And we urge the administration to refrain from further restrictions until it engages more extensively with industry and experts to assess the impact of current and potential restrictions to determine whether they are narrow and clearly defined, consistently applied, and fully coordinated with allies.”
tED magazine posted in March that the Associated Builders and Contractors (ABC), along with a diverse group of 17 construction and business associations, urged the U.S. Department of Commerce to ensure taxpayer investments in the semiconductor industry are not needlessly constrained by anti-competitive and inflationary project labor agreement schemes imposed through after-the-fact regulatory action by the Biden administration.Tagged with semiconductor