""Tech News"" – Google News
Thawing in China / US relationship? Chip trade associations in China and the US are reportedly announcing a joint working group
In light of the world’s ongoing problems with silicon shortages, two competing trade associations have announced a joint venture.
The Chinese Semiconductor Industry Association (CSIA), a major trade association for the Chinese chip industry, will set up a working group with its US-based counterpart, the Semiconductor Industry Association (SIA).
This was announced by CSIA on Thursday, Reuters reported, pointing out that despite a decade of distrust and confrontation, developments could signal closer cooperation between the two countries.
Indeed, the working group’s launch comes amid speculation that US President Joe Biden’s administration may relax certain trade restrictions on Chinese semiconductor companies in an attempt to alleviate a global shortage of chips.
According to China’s CSIA, it will form a joint working group with the Washington-based Semiconductor Industry Association (SIA), with 10 chip companies representing each side.
The working group will meet twice a year to discuss issues such as intellectual property, trade policy and encryption.
The date of the first meeting and the companies involved were not given.
The SIA did not respond to a request for comment and its website did not mention the working group, Reuters noted.
The Biden government has stepped up efforts to help automakers cope with the chronic silicon shortage that is affecting production.
Last month, U.S. officials met with auto companies and suppliers to identify bottlenecks and urged the companies to work cooperatively to address the shortage.
President Joe Biden signed an executive order on February 24 to address a number of urgent bottlenecks in four critical products, including computer chips.
Earlier this week, a US national security commission recommended that the US Congress tighten the “choke points” for chip manufacturing technology.