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Press Release: 07/19/22

SIA Applauds Senate Advancing CHIPS Act

Bill would provide $52 billion for semiconductor manufacturing incentives and research investments, also includes investment tax credit for chip manufacturing WASHINGTON—July 19, 2022—The Semiconductor Industry Association (SIA) released the following statement from President and CEO John Neuffer applauding Senate action today to advance the CHIPS Act (H.R. 4346), legislation that would provide $52 billion for […]

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Press Release: 05/26/22

SIA Applauds Launch of Indo-Pacific Economic Framework

WASHINGTON—May 26, 2022—The Semiconductor Industry Association (SIA) today released the following statement from President and CEO John Neuffer regarding President Biden’s recent announcement that he is launching the administration’s Indo-Pacific Economic Framework (IPEF). IPEF aims to define shared objectives around trade facilitation, standards for the digital economy and technology, supply chain resiliency, decarbonization and clean […]

Supply Chain SecurityTrade
Press Release: 03/01/22

SIA Echoes President Biden’s Call for Enactment of Investments in Semiconductor Technology

House and Senate must reach agreement on competitiveness legislation containing $52 billion in CHIPS Act investments and send to the president’s desk to be signed into law; SIA also calls for enactment of an investment tax credit for semiconductor manufacturing and design  WASHINGTON—March 1, 2022—The Semiconductor Industry Association (SIA) today released the following statement from […]

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Press Release: 02/24/22

SIA Statement on Sanctions on Russia

WASHINGTON—Feb. 24, 2022—The Semiconductor Industry Association (SIA) released the following statement from SIA President and CEO John Neuffer regarding new export control rules announced today in response to Russia’s invasion of Ukraine. “The U.S. semiconductor industry is fully committed to complying with the new export control rules announced today in response to the deeply disturbing events […]

Export ControlSupply Chain SecurityTrade
Blog: 01/10/22

China’s Share of Global Chip Sales Now Surpasses Taiwan’s, Closing in on Europe’s and Japan’s

by Semiconductor Industry Association

Global chip sales from Chinese companies are on the rise, largely due to increasing U.S.-China tensions and a whole-of-nation effort to advance China’s chip sector, including government subsidies, procurement preferences, and other preferential policies. Just five years ago, China’s semiconductor device sales were $13 billion, accounting for only 3.8% of global chip sales. In 2020, […]

Trade
Press Release: 01/03/22

Global Semiconductor Sales Increase 23.5% Year-to-Year in November; Industry Establishes Annual Record for Number of Semiconductors Sold

Global sales increase 1.5% month-to-month in November WASHINGTON—Jan. 3, 2022—The Semiconductor Industry Association (SIA) today announced global semiconductor industry sales were $49.7 billion in the month of November 2021, an increase of 23.5% over the November 2020 total of $40.2 billion and 1.5% more than the October 2021 total of $49.0 billion. The cumulative annual […]

Market Data
Press Release: 12/09/21

SIA Statement on Meeting with U.S. Secretary of the Treasury Janet Yellen

WASHINGTON—December 9, 2021—The Semiconductor Industry Association (SIA) released the following statement from SIA President and CEO John Neuffer following a meeting yesterday between U.S. Secretary of the Treasury Janet Yellen and the CEOs and senior executives on the SIA board of directors. Secretary Yellen’s readout of the meeting is available here. “We greatly appreciated meeting […]

Blog: 12/08/21

SIA Urges Elimination of Harmful Section 301 Tariffs

by Jennifer Meng, Senior Global Policy Manager

by Jimmy Goodrich, Vice President, Global Policy

SIA on Dec. 1 submitted comments to the Office of the United States Trade Representative (USTR) urging the elimination of harmful semiconductor tariffs that are exacerbating the ongoing chip shortage and slowing our economy. As SIA explained in the submission, Section 301 tariffs on semiconductors and associated products are contributing to the current global chip […]

Trade
Blog: 12/08/21

Taking Steps to Further Bolster Chip Industry’s Commitment to Ethics

by Jimmy Goodrich, Vice President, Global Policy

Semiconductors are the lifeblood of modern technology products. The innovative devices produced by semiconductor companies enable everything from life-saving medical research to increased workplace productivity, green technology, and connectivity among people around the world. As semiconductors have become smarter, faster, and more efficient, they promise to deliver even more life-improving capabilities. However, innovative capabilities developed […]

Press Release: 12/03/21

Global Semiconductor Sales Increase 24% Year-to-Year in October; Annual Sales Projected to Increase 26% in 2021, Exceed $600 Billion in 2022

WASHINGTON—Dec. 2, 2021—The Semiconductor Industry Association (SIA) today announced worldwide sales of semiconductors were $48.8 billion in October 2021, an increase of 24.0% from the October 2020 total of $39.4 billion and 1.1% more than the September 2021 total of $48.3 billion. Monthly sales are compiled by the World Semiconductor Trade Statistics (WSTS) organization and represent a […]

Market Data
Press Release: 12/01/21

CEOs of Chip, Auto, Medical Device, Tech, Telecom, Other Companies Call on Congress to Strengthen U.S. Semiconductor Research, Design, Manufacturing

Letter urges swift action to fund the CHIPS for America Act and to enact a strengthened version of the FABS Act  WASHINGTON—Dec. 1, 2021—The Semiconductor Industry Association (SIA) today applauded a letter sent this morning to congressional leaders by a broad coalition of 59 CEOs and senior executives urging swift action to fund the CHIPS for […]

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Blog: 11/23/21

SIA Weighs in with Commerce Department on Supply Chain Vulnerabilities

by Semiconductor Industry Association

SIA on Nov. 8 submitted a response to the Commerce Department’s Request for Information on Semiconductor Supply Chain Risks as part of our ongoing partnership with the government to address the global semiconductor shortage. In our submission, we expressed our industry’s concerns with the purpose and scope of the RFI and the adverse effects that […]

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