American chip companies need access to China and want to avoid ‘ambiguous’ sanctions, US chip trade group says
- Allowing US chip groups to have access to China is important to avoid undermining the positive impact of existing legislation, SIA says
- US trade group says more ‘overly broad’ and ‘ambiguous’ US restrictions could undermine competitiveness of US chip industry
American chip companies need continued access to the China market despite Washington’s economic and national security concerns, according to a major US semiconductor trade organisation that is requesting an easing of tensions and a halt on further sanctions.
While praising the Biden administration’s “bold and historic” Chips and Science Act aimed at de-risking US semiconductor supply chains and strengthening global competitiveness, the Semiconductor Industry Association (SIA) said on Monday that further steps by the Biden administration could backfire.
“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 [the Chips and Science Act]”, SIA said in a statement.
The comments from the trade association and lobbying group, which represents the United States semiconductor industry, comes amid rumours that the US is considering an extension of restrictions placed on the sale of certain advanced chips and semiconductor equipment to China.