Trade Group Urges Biden to Avoid Imposing Additional Restrictions on China's Chip Industry
The Semiconductor Industry Association (SIA) has urged the Biden Administration to avoid imposing further restrictions on semiconductor sales to China, emphasizing the importance of continued access to the Chinese market. The SIA warned that broad and unilateral restrictions could harm the competitiveness of the US semiconductor industry, disrupt supply chains, and escalate tensions with China. The trade group called for both governments to seek solutions and ease tensions, while urging the administration to engage more extensively with industry and experts to assess the impact of current and potential restrictions. The comments come amid increasing geopolitical risks for the global semiconductor industry and reports of meetings between semiconductor CEOs and US officials to discuss market conditions and export controls.
