Chips: China-US cooperation

The China Semiconductor Industry Association (CSIA) has announced the formation of a working group with its US counterpart, the Semiconductor Industry Association (SIA). Both associations plan to meet semi-annually to keep each other informed about technology and trade restrictions, according to a CSIA statement. It also said it wants to exchange views on export controls, supply chain security, and encryption issues, as well as develop policy recommendations on areas that affect both sides. Ten member firms from each of the two associations are expected to participate in the biannual meetings. A date for the first meeting has not yet been announced.