By Li Panpan

(JW Insights) Jul 19 -- China Semiconductor Industry Association (CSIA) releases a statement on maintaining the global development of the semiconductor industry on July 19. It pointed out that “any damage to the current global supply chain, which developed over the past decades alongside the process of globalization, could create inevitable and irreparable harm to the global economy.”

China's semiconductor industry is rooted in and developed from globalization, said CSIA, adding that, “We welcome open cooperation and will work with all the countries and regions willing to collaborate with our industry to safeguard the globalization of the semiconductor industry and to assist government and authorities to facilitate international cooperation in the industry.”

Following is the full English version of the statement published on its website (csia.net.cn):

CSIA Statement on maintaining the global development of the semiconductor industry

The recent widespread media coverage brought to our attention that leaders of major US chip companies are trying to persuade the US government to avoid expansions on trade restrictions, and to promote international cooperation. SIA also released the "Statement on Potential Additional Government Restrictions on Semiconductors", which echoed the concerns from the US semiconductor industry leaders over the direction of the trade policy-making of the US government.

For decades, the semiconductor industry has always been able to continue to innovate and flourish, owing to the collaboration among major countries and regions. Benefitting from the regional specialization of capabilities and international cooperation, our industry has become a specimen of globalization. Mainland of China provides an enormous market, which accounts for more than 80% on global basis, for its trading partners around the world. The existence of such market supports the development of the global supply of electronic and information products over the years, which makes an important contribution to the well-being of people around the world, including to the least developed countries. China Semiconductor Industry Association believes that any damage to the current global supply chain, which developed over the past decades alongside the process of globalization, could create inevitable and irreparable harm to the global economy. Not only such damage can lead to the fragmentation of the semiconductor global supply chain, but also could risk the integrity of the global market, and the prosperity of the global economy.

Over the past decades, the US semiconductor industry led the specialization based on regional and geographical specialties, which actively shaped the current global semiconductor industry. These are very important contributions to the industry. However, in the past few years, the US government has taken a series measures restricting trade, and disrupting the stability of the semiconductor global supply chain. As a consequence, the interests of global consumers will be harmed, the competitiveness of the US semiconductor industry might be jeopardized, and the globalization of the semiconductor industry would be threatened. These generated shared concern around the world, including in the US semiconductor industry.

China's semiconductor industry is rooted in and developed from globalization. We welcome open cooperation, and will work with all the countries and regions willing to collaborate with our industry to safeguard the globalization of semiconductor industry, and to assist government and authorities to facilitate international cooperation in the industry. At the same time, China's semiconductor industry will also continue to innovate, improve our competitiveness, to develop and progress together with our global partners.

China Semiconductor Industry Association

July 19, 2023