US industry group calls for multilateral chip export controls to address disadvantage over S. Korea, other allies
World BusinessFeb 1, 2024
An American industry group has called on the US government to craft new multilateral chip equipment export controls, claiming the current strict unilateral ones put US firms at a disadvantage over their rivals from South Korea and other countries. The Semiconductor Industry Association made the call in their written comments sent to the Bureau of Industry and Security under the Commerce Department on Jan. 17, as it stressed the need for the new controls to ensure what it called a "level pla