Semiconductor Leaders Agree on Global Policy Agenda
May 28, 2018 | SIAEstimated reading time: 3 minutes
The Semiconductor Industry Association (SIA), representing U.S. leadership in semiconductor manufacturing, design, and research, today welcomed recommendations agreed to by global semiconductor industry leaders at the 22nd annual meeting of the World Semiconductor Council (WSC) this week in San Diego, California. The agreement sets forth a series of policy proposals to strengthen the industry through greater international collaboration. The WSC is a worldwide body of semiconductor industry executives from China, Chinese Taipei, Europe, Japan, Korea, and the United States that meets annually to address issues of global concern to the semiconductor industry. Recommendations from this year’s meeting are included in the 2018 WSC Joint Statement.
“The World Semiconductor Council provides a valuable forum, unmatched by other sectors, for industry leaders from around the world to advance mutually beneficial policies,” said Matt Murphy, President and CEO of Marvell Semiconductor, Inc., 2018 SIA chairman, and chair of this year’s WSC meeting. “The next era of technological progress – in areas such as IoT, energy-efficient sensing, automated devices, robotics, and AI – can only be achieved in a public policy environment that facilitates free and fair trade, promotes semiconductor innovation the world over, and strengthens the global semiconductor industry for years to come.”
The WSC this week reaffirmed one of its core missions: to ensure government policies are guided by market-based principles. To that end, and to promote greater transparency in government policies impacting our industry, the WSC is undertaking a self-notification exercise in which each economy represented in the body is providing detailed information on government-sponsored programs that support the semiconductor industries in their economies. The WSC is also committed to continuing dialogue with relevant governments to promote fair, transparent, and non-discriminatory practices about government supported programs.
The WSC also reaffirmed its commitment to strive for a tariff-free environment for semiconductors and ICT products. As part of this effort, the WSC is actively encouraging more countries to join the expanded Information Technology Agreement (ITA). The expanded ITA, which took effect on July 1, 2016, covers an estimated $1.3 trillion in global sales of tech products and eliminates tariffs on new and innovative semiconductor products, including multi-component semiconductors (MCOs). This was the first expansion of the ITA since 1996, when the agreement was originally concluded.
In addition to the action taken on regional support programs and ITA expansion, industry leaders in attendance advanced policy discussions and developed recommendations in the following areas:
- Encryption – Ensuring open global market access for commercial encryption products by advocating for WSC encryption principles to be included in trade agreements being negotiated or contemplated by WSC governments/authorities.
- Environment, Safety and Health – Continuing efforts to reduce the industry’s emissions of PFCs (perfluorocompound) and highlighting the industry’s successful efforts to manage chemicals used in semiconductor manufacturing.
- Protection of Intellectual Property – Supporting efforts to further strengthen the protection of trade secrets and improve patent quality.
The meeting also featured a panel discussion with invited experts on artificial intelligence (AI) and its implications for the semiconductor industry in terms of technology development, policy, and opportunities for industry growth.
Industry officials from the six regions represented in the WSC will deliver policy recommendations to an annual meeting of their governments set to take place in Chiba (Tokyo), Japan in October. This meeting provides an opportunity for industry to convey the importance of implementing the recommendations and explore areas of mutual interest with governments worldwide.
“The semiconductor industry is perhaps more dependent than any other sector on a highly complex and evolving global supply chain,” said John Neuffer, president and CEO, Semiconductor Industry Association. “The WSC is a shining example of our industry’s unmatched commitment to international partnership, and its 2018 recommendations will benefit governments, businesses, and consumers across the globe.”
About SIA
The Semiconductor Industry Association (SIA) is the voice of the U.S. semiconductor industry, one of America's top export industries and a key driver of America’s economic strength, national security, and global competitiveness. Semiconductors – microchips that control all modern electronics – enable the systems and products we use to work, communicate, travel, entertain, harness energy, treat illness, and make new scientific discoveries. The semiconductor industry directly employs nearly a quarter of a million people in the U.S. In 2017, U.S. semiconductor company sales totaled $189 billion, and semiconductors make the global trillion-dollar electronics industry possible. SIA seeks to strengthen U.S. leadership of semiconductor manufacturing, design, and research by working with Congress, the Administration and other key industry stakeholders to encourage policies and regulations that fuel innovation, propel business and drive international competition. Learn more here.
Suggested Items
Big Win for Defense Production Act Budget Allocation in FY24 Budget
04/23/2024 | I-Connect007 Editorial TeamOne year ago, President Biden issued a determination that chips and packaging are critical for national security. Since that time, much work has been done to continue the conversation in Washington, elevating the importance of the entire chips value chain, and including printed circuit boards and substrates, without which chips cannot operate.
Zentech’s Board of Directors Announces the Return of Matt Turpin as President and CEO
04/22/2024 | Zentech ManufacturingTurpin draws upon over 35 years of experience in the electronics industry and has an 18-year history with Zentech. He previously served as President and CEO from 2006 to 2019 after which time he has remained active in the EMS industry as an advisor to Zentech and other industry organizations.
Aaron Woolf, Dylan Peterson Join SIA Team
04/22/2024 | SIAThe Semiconductor Industry Association (SIA) announced Aaron Woolf and Dylan Peterson have joined the SIA team. Woolf will serve as director of global policy for economic security and Peterson will be a communications associate. SIA represents 99% of the U.S. semiconductor industry by revenue and nearly two-thirds of non-U.S. chip firms.
It’s Only Common Sense: OCCAM—the Time Is Now
04/22/2024 | Dan Beaulieu -- Column: It's Only Common SenseOne of my favorite books is a little tome called Who Moved My Cheese? Even those of you who don’t spend a lot of time reading books have at least heard of it and know that it refers to people, especially in business, who are so stuck in their ways that they get upset when something changes. In our business, we know this kind of thinking is especially true. In fact, it always makes me laugh when one of my innovative friends finds a new way to do something and is afraid that someone will steal his idea. I always tell him that no one in our business, especially a PCB engineer, has ever thought about someone else’s innovative idea enough to steal it.
Digitalisation and ESG
04/19/2024 | Marina Hornasek-Metzl, AT&SDigitalisation and ESG are prominent and high-priority topics in the global business community. The first focuses on applying technology throughout the value chain to produce faster, smarter, and more desirable business outcomes. The latter emphasises the broader value a business is expected to create for its stakeholders from an environmental, social, and governance perspective.