Chung Association Responds to US Semiconductor Association: "Export Restriction Measures Destroy Global Industry"
The Semiconductor Industry Association (SIA) in the United States publicly opposed the U.S. government's additional export control measures against China, while Chinese semiconductor companies also expressed concerns at the association level.
On the 19th, the China Semiconductor Industry Association (CSIA) stated in a press release, "The U.S. government has repeatedly imposed restrictive measures in recent years, destroying the globalization of the semiconductor industry and the stability of the global supply chain," adding, "This inevitably harms the interests of consumers worldwide and weakens the competitiveness of the U.S. semiconductor industry."
CSIA claimed, "The semiconductor industry has been able to continuously innovate and develop over decades thanks to the cooperation of major industrial players worldwide and global division of labor," and "China, as the world's largest semiconductor market, has supported the supply chain by providing over 80% of the market to global partners."
The association added, "If the globalization of the semiconductor industry collapses, it will have severe adverse effects on the global economy," and "It is natural that this raises widespread concerns among global figures, including those in the U.S. semiconductor industry."
Furthermore, it emphasized, "We consistently uphold openness and cooperation and will protect the globalization of the semiconductor industry together with industry stakeholders worldwide who seek collaboration."
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The day before, SIA, whose members include U.S. companies such as Intel, IBM, Qualcomm, NVIDIA, as well as Samsung, SK Hynix, and TSMC, issued a statement saying, "It is important to continue allowing access to China, the world's largest semiconductor market." SIA urged that any current or potential U.S. restrictions on China should be narrowly and clearly defined, consistently applied, and fully coordinated with allies, and that these aspects should be examined first with industry and experts.
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