China Still a ‘Huge Market’ for US Chip Companies Despite Risks
- Biden’s Chips Act will restrict certain investments in China
- Trade association chief seeking ‘clear rules of the road’
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American semiconductor companies want access to the China market despite US government national security concerns and need clear rules from the Biden administration, according to a major industry group.
“It’s our biggest market and we’re not the only industry that lays claim to that,” said John Neuffer, the president and chief executive officer of the Semiconductor Industry Association. “Our view is that we need to play in that market.”