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SIA Statement on Biden Administration’s Launch of Section 301 Trade Investigation Related to China’s Targeting of the Semiconductor Industry for Dominance
December 25, 2024 | SIAEstimated reading time: 1 minute
The Semiconductor Industry Association (SIA) released the following statement from SIA President and CEO John Neuffer regarding the Biden administration’s decision to launch a Section 301 trade investigation focused on China’s acts, policies, and practices related to targeting of the semiconductor industry for dominance.
“China is a major player in the global semiconductor industry, and Beijing is working to develop an ‘independent and controllable’ semiconductor industry in China through both supply-side and demand-side measures. Recent calls in China to limit procurement of U.S. chips and related claims that American chips are ‘no longer safe or reliable’ are particularly troubling.
“Given the prevalence of semiconductors throughout our economy – from everyday consumer electronics and cars to military systems and AI data centers – we urge the Office of the U.S. Trade Representative to proceed deliberately and to work closely with industry throughout the process. Leaders in Washington should also pursue a proactive and affirmative agenda that builds our domestic fabrication and packaging capacity, strengthens our research and design ecosystem, and creates new demand for Made-in-America chips at home and overseas.
“For America to remain the world’s economic and technological leader, we must lead in semiconductor technology and build resilient supply chains for critical upstream materials used in chip production. We look forward to working with the incoming Trump administration and the new Congress to preserve America’s semiconductor supply chain resilience and ensure the U.S. semiconductor ecosystem is the global leader for many years to come.”
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12/23/2024 | U.S. Department of CommerceThe Biden-Harris Administration announced that the U.S. Department of Commerce awarded Texas Instruments (TI) up to $1.61 billion in direct funding under the CHIPS Incentives Program’s Funding Opportunity for Commercial Fabrication Facilities.
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SIA Praises Finalization of CHIPS Incentives to Supplement SK Hynix’s $3.87 Billion Investment in Indiana
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GlobalFoundries Sets New Bar as Largest Semiconductor Company to Protect Innovation by Joining LOT Network
12/19/2024 | GlobalFoundriesGlobalFoundries (Nasdaq: GFS) (GF) and LOT Network announced that GF has joined the LOT Network, the world’s largest patent licensing platform and non-profit community of global companies committed to protecting themselves against costly litigation from patent assertion entities (PAEs). With this move, GF joins a community of more than 4,500 companies that include half of the top 20 largest U.S. patent holders, and half of the S&P Global 100 and Fortune 100.