BIS Adviser Stresses Importance of Multilateral Export Controls for Semiconductors
The U.S. should pursue more cooperation around multilateral export controls to address the supply chain risks within the semiconductor industry, Bureau of Industry and Security Senior Adviser Sahar Hafeez told the Information Technology Industry Council. Hafeez, speaking to ITI along with technology policy officials from the European Union and South Korea during a virtual panel last week, also stressed the importance of domestic chip investment.
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Lucilla Sioli, director for artificial intelligence and digital industry at the European Commission, said the European Union is also focused on bolstering investment to improve European’s semiconductor competitiveness. Sioli pointed to Europe’s recently established Industrial Alliance for Processors and Semiconductor Technologies, which will “facilitate cooperation between companies” to improve chip research and innovation.