SEMI Urges Restraint by Japan and Korea
The semiconductor industry association has formed a separate team to deal with Japan’s toughened regulation of key semiconductor material exports to Korea.
Semiconductor Equipment and Materials International (SEMI) vice president Mike Russo recently posted a message titled “SEMI Urges Restraint by Japan and Korea in Light of Recent Trade Actions” on the organization’s website.
He said, “Following Japan’s export curbs, SEMI started to assess the potential risks to member companies after having a conference with the international board of directors and forming an emergency response team consisting of member companies and regional chairmen. In the event the dispute escalates, SEMI is prepared to take action in accordance with its Global Trade Principles.”
He added that SEMI president and CEO Ajit Manocha also informed both governments of potential impacts and urged them to resolve their differences. SEMI is planning to continuously exchange informationwith member companies, analyze impacts on the industry and help the industry to communicate with both governments.
SEMI has around 2,000 members consisting of semiconductor equipment, material and component firms around the world and it carries out activities to help member companies to expand sales opportunities. Member firms include U.S. tech firms such as Intel and Qualcomm, major South Korean chip producers, such as Samsung Electronics and SK Hynix, as well as Japanese companies which produces materials that face export restrictions.