SEMI Urges US, EU Cooperation on Technology and Trade

SEMI, the global industry association representing more than 2,400 semiconductor and electronics manufacturing companies worldwide, called for closer cooperation on technology and trade between the European Union and the US ahead of a meeting tomorrow of European Commission and US government officials. 

SEMI sent letters to US President Joe Biden, European Commission President Ursula von der Leyen, and European Commissioner Thierry Breton to request stronger dialogue between the EU and US on technology governance and the global rules-based trading system.

“Recognizing the critical importance of semiconductors to digital infrastructures and economies, governments around the world are stepping up to invest in their domestic microelectronics industries while also building strategic alliances with other countries,” said Ajit Manocha, SEMI president and CEO. “Ahead of tomorrow’s meeting between EU and US officials, SEMI encourages a more robust transatlantic partnership on technology and trade to ensure the long-term resiliency of supply chains and to foster greater microelectronics innovation to help ensure global economic growth and prosperity.”

In the letters, SEMI expresses support for establishing an EU-US Trade and Technology Council and encourages further commitment to constructive dialogue to ensure that cooperation on critical technologies and supply chains reflects the needs of both regions and the globally integrated microelectronics industry.