SIA Statement on New Export Control Rule Changes

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      17th-Aug-2020    227   

    Semiconductor Industry Association

    SIA Statement on Export Control Rule Changes

    WASHINGTON—August 17, 2020—The Semiconductor Industry Association (SIA) released the following statement from president and CEO John Neuffer in response to the new export control rule changes announced today by the U.S. Commerce Department. SIA represents 95 percent of the U.S. semiconductor industry.

    “We are still reviewing the rule, but these broad restrictions on commercial chip sales will bring significant disruption to the U.S. semiconductor industry. We are surprised and concerned by the administration’s sudden shift from its prior support of a more narrow approach intended to achieve stated national security goals while limiting harm to U.S. companies. We reiterate our view that sales of non-sensitive, commercial products to China drive semiconductor research and innovation here in the U.S., which is critical to America’s economic strength and national security.”

    Media Contact
    Dan Rosso
    Semiconductor Industry Association
    202-446-1719
    drosso@semiconductors.org
    About SIA
    The Semiconductor Industry Association (SIA) is the voice of the semiconductor industry, one of America’s top export industries and a key driver of America’s economic strength, national security, and global competitiveness. Semiconductors – the tiny chips that enable modern technologies – power incredible products and services that have transformed our lives and our economy. The semiconductor industry directly employs nearly a quarter of a million workers in the United States, and U.S. semiconductor company sales totaled $193 billion in 2019. SIA represents 95 percent of the U.S. semiconductor industry by revenue and nearly two-thirds of non-U.S. chip firms. Through this coalition, SIA seeks to strengthen leadership of semiconductor manufacturing, design, and research by working with Congress, the Administration, and key industry stakeholders around the world to encourage policies that fuel innovation, propel business, and drive international competition. Learn more at www.semiconductors.org.

    [VIEW STATEMENT ON SIA WEBSITE]

    Views: 227
    Domain: Electronics
    Category: Semiconductors