The Chinese semiconductor industry is rooted in globalization, growing and strengthening beyond globalization. We will always adhere to open cooperation, work together with all willing industry colleagues from countries and regions around the world to maintain the globalization of the semiconductor industry, and promote government/authorities to support international cooperation in the semiconductor industry. At the same time, China's semiconductor industry will continue to innovate, continuously enhance its competitiveness, and develop together with global partners.
According to a report by Reuters on July 17th, while the most influential semiconductor lobbying group in the United States is urging the government not to implement more restrictions on China that are currently under consideration, the US State Department and sources said that US chip company executives met with senior officials from the Biden administration on July 17th to discuss policies towards China.
It is reported that the spokesman of the State Department of the United States told reporters that Secretary of State Anthony Blinken talked with the chief executives (CEOs) of several chip companies about the industry and supply chain issues after his recent visit to China.
A source familiar with the matter said that government officials such as Commerce Secretary Gina Raymond, National Economic Commission Director Lear Brainard, and Presidential National Security Assistant Jack Sullivan met with executives from Intel, Qualcomm, and Nvidia.
The report states that as the Biden administration considers implementing a new round of restrictions on chip exports to China, the chip industry is eager to protect its profits in China. According to data from the Semiconductor Industry Association of America, China's semiconductor procurement volume last year was $180 billion, accounting for more than one-third of the global total of $555.9 billion, making it the largest single market.
According to the report, Matthew Miller, spokesman of the State Council, said at the press conference that Antony Blinken tried to "share his views on the industry and supply chain issues, especially after his recent visit to China", and "directly listen to how these companies view supply chain issues and how they view business in China". Another insider said that discussions with government officials also included accelerating the allocation of government funds promised by the Chip and Science Act to semiconductor companies, as well as ensuring that US policies do not exclude chip companies from the lucrative Chinese market.
The American Semiconductor Association makes a call
According to The Paper, on the 17th, the Semiconductor Industry Association of America issued a statement on its official website regarding possible additional restrictions imposed by the US government on semiconductors. The statement stated that the White House's repeated adoption of overly broad, vague, and sometimes unilateral restrictive measures may weaken the competitiveness of the US semiconductor industry, disrupt the supply chain, and trigger significant market uncertainty. The SIA urges the White House to engage more extensively with industry and experts to refrain from implementing further restrictive measures until the impact of current and potential measures is evaluated, in order to determine whether they are narrow and clearly defined, whether they are uniformly applicable, and whether they are fully coordinated with allies.
