“Any damage to the current global supply chain, which developed over the past decades alongside the process of globalisation, could create inevitable and irreparable harm to the global economy,” said the SIA.
“For decades, the semiconductor industry has always been able to continue to innovate and flourish, owing to the collaboration among major countries and regions,” CSIA said.
“Benefiting from the regional specialization of capabilities and international cooperation, our industry has become a specimen of globalization. The Chinese mainland provides an enormous market, which accounts for more than 80 percent of the global basis, for its trading partners around the world,” CSIA said.
The existence of such a 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, the association added.
Any damage to the current global supply chain could risk the integrity of the global market and the prosperity of the global economy, CSIA said..
“However, in the past few years, the US government has taken a series of 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,” CSIA said.
“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 the 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,” CSIA added.
