- U.S. and China establish semiconductor working group with aim to reduce export controls, improve supply chain security - SCMP reports
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U.S. and China establish semiconductor working group with aim to reduce export controls, improve supply chain security - SCMP reports
SCMP reports that the China Semiconductor Industry Association (CSIA), an association of 774 Chinese businesses in the chips industry, announced on Thursday that it had established a working group with the U.S. technology companies to create an avenue for communication on issues such as “export controls, supply chain security”.
According to a statement on the CSIA's website, the working group is aimed at promoting “deeper mutual understanding and trust” between the Chinese and U.S. semiconductor industries to solve concerns through dialogue and cooperation.
The Semiconductor Industry Association (SIA), which is located in Washington, is reported to be a counterpart of the Chinese association. However, the SIA hadn’t reported about the formation of the working group.
According to the Chinese association, the group, which will include 10 representatives from both sides, will conduct meetings every six months to keep each other updated about technology and will work out policy proposals.
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