China chip industry group echoes US counterpart in urging Washington for restraint with semiconductor restrictions
- The CSIA warned that any further US restrictions would undermine the globalisation of the semiconductor industry
- Statements by the two industry lobby groups come hot on the heels of media reports that the US is considering an extension of restrictions
China’s state-backed semiconductor industry group has echoed remarks by its American counterpart in opposing any additional trade restrictions on China’s chip industry by Washington, days after the US trade group called on the US government for restraint.
The China Semiconductor Industry Association (CSIA), which represents the interests of Chinese companies in the sector, issued a statement on Wednesday that aligned with concerns raised by the US Semiconductor Industry Association (SIA) over “the direction of trade policymaking by the US government”.
The CSIA warned that any further US restrictions would undermine the globalisation of the semiconductor industry, according to a statement published in English and Chinese on Wednesday.
“Such damage may not only lead to the fragmentation of the semiconductor global supply chain, but also risk the integrity of the global market, and the prosperity of the global economy,” the group said in its statement.
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SIA on Monday urged Washington to “refrain from further restrictions” on chip sales to China and said moves to impose “overly broad, ambiguous, and at times unilateral restrictions” risked diminishing the US semiconductor industry’s competitiveness, disrupting supply chains, and causing significant market uncertainty.
“Allowing the industry to have continued access to the China market, the world’s largest commercial market for commodity semiconductors, is important to avoid undermining the positive impact of [the Chips and Science Act],” SIA said in a statement.
