The China Semiconductor Industry Association (CSIA), the country’s top chip industry trade group, has expressed opposition to the reported export controls on the country’s chip manufacturing sector by the U.S., Japan, and the Netherlands. The association warned of the potential harm to the global industry and economy, emphasizing that inappropriate intervention by governments and authorities can cause disruption to the industry.
The U.S. recently reached an agreement with Japan and the Netherlands to tighten their export controls on advanced chip-manufacturing equipment and technology to China, but the type of equipment to be banned from selling has not been made public. This has prompted the CSIA to call on the Chinese government and relevant agencies to formulate rules to maintain the ecological and healthy development of the global semiconductor industry.
As a global industry highly dependent on innovation and cooperation, the semiconductor industry could face negative consequences as a result of such export controls, according to the CSIA. The association, which joined the World Semiconductor Council in 2006, noted that cooperation and collaboration have long been the best options to create value and to promote progress.
The CSIA emphasized the importance of a healthy and collaborative environment for the industry’s development, which is crucial for China’s determination to integrate into globalization and market-oriented development. The association is committed to developing the global semiconductor industry in collaboration with its global peers and called on the Chinese government to do the same.
Moreover, the CSIA vowed to support the healthy operation of foreign enterprises’ businesses in the Chinese market to defend the concept of globalization and the value of the global semiconductor industry. By doing so, the association is taking a stand to protect the industry’s interests and ensure its sustainable growth.
It is worth noting that the semiconductor industry is not only vital for the growth of the Chinese economy but also for the global economy. The CSIA’s opposition to the proposed export controls is therefore not surprising, given that any disruption in the industry can have far-reaching consequences. The association’s stance on the matter is clear: inappropriate intervention by governments and authorities should be avoided, and cooperation and collaboration should continue to be the best approach for progress and innovation in the industry.
In summary, the CSIA’s response to the proposed export controls on China’s chip manufacturing sector is a clear indication of the association’s commitment to promoting the healthy development of the global semiconductor industry. As the industry continues to evolve, it is important for all stakeholders to work together to ensure its continued growth and prosperity.