CHIP INDUSTRY GROUP URGES BIDEN ADMIN TO REVIEW EXPORT CONTROLS ON CHINA

A semiconductor industry group on Monday called for a review of the Trump administration’s export control policy, and urged the incoming U.S. Commerce Secretary to work with allies when curbing sales of U.S. technology to China for national security.

SEMI, which represents semiconductor equipment makers and device manufacturers worldwide, said the prior administration’s unilateral rules had made any potential benefit likely to be less effective over time, had unnecessarily hurt American industry, and had left U.S. exporters vulnerable to retaliation.

In a letter to Gina Raimondo, secretary-designate of the U.S. Commerce Department, SEMI President Ajit Manocha said the United States should coordinate with allies whose companies compete in the global market.

 

Source: Reuters