SIA Statement on Escalation of U.S.-China Trade and Technology Tensions

Thursday, May 16, 2019, 1:00pm

by Semiconductor Industry Association

WASHINGTON—May 16, 2019—The Semiconductor Industry Association (SIA), representing U.S. leadership in semiconductor manufacturing, design, and research, today released the following statement from President & CEO John Neuffer regarding the recent escalation of U.S.-China trade and technology tensions.

“We are troubled by the recent setback in U.S.-China negotiations and the escalation of tensions on both sides, but remain hopeful a mutually beneficial agreement is still within reach. Too much is at stake for the world’s two largest economies to not find a productive path forward.

“We are monitoring developments related to the supply chain executive order and the impending action by the Department of Commerce to add Huawei to Commerce’s Entity List. We recognize the resilience of our nation’s cybersecurity infrastructure is critical to national security and urge the Administration to implement these actions in a fully transparent manner that incorporates input from U.S. industry and addresses U.S. national security concerns without undermining this country’s global technology leadership and competitiveness.”

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