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SIA Blog

ITA Negotiations to Resume: Global Industry Strongly Presses for Conclusion Next Week

Posted by John Neuffer, President & CEO on Jul 6, 2015 1:00:00 PM

With negotiations to expand product coverage of the Information Technology Agreement (ITA) finally back on track, global industry today issued an unambiguous call to the negotiating parties to reach agreement next week on the scope of products to be covered in this bold initiative.

In a statement released today, more than 80 associations from around the world called on negotiators “to finally conclude a strong tariff-elimination agreement during the next round of talks scheduled to resume the week of July 13 in Geneva.”

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Topics: trade, ITA

House Approves Needed Updates to Federal Chemicals Law

Posted by David Isaacs, Vice President, Government Affairs on Jun 24, 2015 9:27:40 AM

The House of Representatives last night approved the Toxic Substances Control Act (TSCA) Modernization Act of 2015 (H.R. 2576), legislation that would enhance the protection of health and the environment, while also providing the semiconductor industry and other sectors with certainty in the selection and use of chemicals. We applaud the House for passing this legislation and urge the Senate to approve companion legislation (S.697) in short order.  The House and Senate would then need to reconcile the two bills before sending the legislation to the president.

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Topics: environment, chemicals

House Needs to Get Trade Promotion Authority Across Finish Line

Posted by John Neuffer, President & CEO on Jun 12, 2015 5:00:00 PM

SIA is encouraged the House of Representatives today voted in favor of Trade Promotion Authority (TPA) on a bipartisan basis, but we are disappointed it failed to approve accompanying legislation that would allow TPA to be signed into law by the president. The failure to get TPA across the finish line is a missed opportunity to boost the United States’ economic strength and global competitiveness.

TPA facilitates free trade, economic growth, and the spread of innovation. TPA empowers U.S. trade negotiators to reach final agreements consistent with negotiating objectives laid out by Congress. Free trade is critical to the American economy, fostering the spread of innovation and commerce globally. Trade is especially important to the U.S. semiconductor industry, which relies on a global network of materials and equipment suppliers, R&D providers, and customers. Eighty-two percent of U.S. semiconductor sales are to customers overseas, and semiconductors are one of America’s top exports.

Failure to enact TPA would be a significant setback for growth and innovation in the semiconductor industry and across the U.S. economy. We urge House members to work together over the next few days to do what’s right for our industry, our economy, and our country by finally getting TPA across the finish line.

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Topics: trade, trade promotion authority

House Closing in on Decisive Vote on Trade Promotion Authority

Posted by John Neuffer, President & CEO on Jun 11, 2015 11:00:00 AM

With much at stake for the semiconductor industry, the U.S. economy, and our country’s standing in the world, the House of Representatives looks poised to vote this week on bipartisan Trade Promotion Authority (TPA) legislation. SIA has long advocated for TPA and yesterday joined a coalition of technology leaders asking the House to swiftly approve it. In April, the SIA Board of Directors sent a letter to congressional leaders expressing support for the legislation and urging its quick passage.

TPA makes it easier for U.S. negotiators to strike deals on free trade agreements because it provides the necessary assurance that an agreed-to deal will receive a simple up-or-down vote from Congress, which in turn means swifter and more productive negotiations with our trading partners.   

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Topics: trade, trade promotion authority

Senate Should Approve Legislation to Strengthen and Extend R&D Tax Credit

Posted by Joe Pasetti, Director, Government Affairs on May 26, 2015 4:30:00 PM

On May 20, the House of Representatives approved the American Research and Competitiveness Act of 2015 (H.R. 880), bipartisan legislation that would strengthen the R&D tax credit and make it permanent. SIA applauds House passage of this needed legislation and urges the Senate to swiftly approve it as well.

No industry has a greater commitment to research and development than the semiconductor sector. Semiconductor companies invest about one-fifth of revenues each year in R&D – the highest share of any industry. These investments have helped the U.S. semiconductor industry sustain the pipeline of new discoveries that fuel our industry and the overall economy. The R&D credit is a critical incentive for companies to continue performing cutting-edge research in the United States and create jobs, since 70 percent of credit dollars are used to pay salaries of high-skilled R&D workers in the U.S.

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Topics: tax, R&D tax credit

Senate Approval of TPA a Big Win for Semiconductor Industry, U.S. Economy

Posted by John Neuffer, President & CEO on May 26, 2015 10:30:00 AM

On Friday night, the U.S. Senate approved bipartisan Trade Promotion Authority legislation that would foster free trade, promote job creation, and spur growth in the semiconductor industry and throughout the U.S. economy. SIA applauds the Senate for passing this much-needed legislation and urges the House of Representatives to move quickly to do the same.

The legislation was introduced in April by Senate Finance Committee Chairman Orrin Hatch (R-Utah), Ranking Member Ron Wyden (D-Ore.), and House Ways and Means Committee Chairman Paul Ryan (R-Wis.), and would empower U.S. trade negotiators to reach final agreements consistent with negotiating objectives laid out by Congress. It would also make our trading partners more likely to negotiate freely with the assurance that final agreements may be voted on by Congress without amendment.   

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Topics: trade, trade promotion authority

What U.S. States Are Leading Exporters of Semiconductors? Some May Surprise You

Posted by Falan Yinug, Director, Industry Statistics and Economic Policy on May 21, 2015 1:00:00 PM

The U.S. Census Bureau publishes annual data on exports by state, and the recently published full-year 2014 semiconductor state export numbers provide some interesting takeaways.

First, all 50 U.S. states exported semiconductors in 2014. This reflects the regional diversification of semiconductor manufacturing and the pervasiveness of the semiconductor manufacturing supply chain in the United States. In fact, according to the Census’s annual state export data, all 50 states have exported semiconductors in each of the last 10 years at least.

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Topics: trade, market, sales, data, exports

SIA Supports Efforts to Modernize U.S. Chemicals Law

Posted by David Isaacs, Vice President, Government Affairs on May 20, 2015 1:00:00 PM

The sound regulation of chemicals essential to semiconductor manufacturing is a key issue for the continued success of the U.S. semiconductor industry. SIA is encouraged that both houses of Congress have developed bipartisan bills (S. 697; House Discussion Draft) to modernize the Toxic Substances Control Act (TSCA), including positive reforms on many issues of interest to the semiconductor industry.

TSCA was enacted in 1976 and has not been updated since. Updates to this law are long overdue, and we hope Congress will approve legislation this year that achieves targeted reforms to the law.

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Topics: environment, chemicals

#addwomen

Posted by Caroline Kazmierski, Director, Communications and Marketing on May 7, 2015 1:00:00 PM

Earlier this year, SIA Chairman and Intel CEO Brian Krzanich made a major announcement launching Intel’s Global Diversity and Inclusion initiative. The initiative provides $300 million for support of women and under-represented minorities (URM), a strong leadership move and financial commitment to increase the number of women and URMs in tech.

While it’s not a new issue, diversity in tech has received increased attention over the last six months. It was a topic of discussion at the most recent SXSW, it’s a featured article in the May edition of Fast Company, and a quick Google search of news items on “diversity in tech” yields over 3 million results. This topic is gaining momentum as more tech companies seek to address the challenge.

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Topics: technology, diversity

SIA Joins Effort to Develop International Anti-counterfeiting Curriculum for Customs Officers

Posted by Dustin Todd, Director of Government Affairs on May 6, 2015 11:30:00 AM

Last week, SIA participated in sessions hosted by the World Customs Organization (WCO) to develop anti-counterfeiting resources for customs officers around the world. The meetings covered a broad range of counterfeit products, including semiconductors. Experts representing rights holders and customs agencies participated in the week-long development series, including customs officials from the United States, Hong Kong, Mexico and Nigeria.

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Topics: anti-counterfeiting