Good for semiconductors! Semiconductor Industry Associations of China and the United States Announce the Joint Establishment of a Working Group

When it comes to scientific fields that have attracted much market attention in recent years, it is hard not to mention semiconductors and semiconductor equipment. As one of the foundations of integrated circuits, the development of semiconductor technology stimulates the development of chip technology. As the core component of most electronic products and precision instruments, the maturity of the chip directly determines the technical upper limit that the product can achieve. Because of this, the development of the semiconductor industry has also caused market fluctuations, and the development is relatively hot. Simply put, a semiconductor is a material whose electrical conductivity is between that of a conductor and an insulator at room temperature, and this material usually has some special physical and chemical properties, such as small size, light weight, and its electrical conductivity is affected by doping, light, The influence of temperature and other factors is obvious, so it is used in integrated circuits, consumer electronics, communication systems, photovoltaic power generation, lighting applications, high-power power conversion and other fields, and has become an important technology that affects people's daily work and life. In fact, it is precisely because semiconductors have entered our lives that we have also experienced the convenience brought by these materials. Today, with the rapid development of various intelligent technologies and equipment, the importance of the semiconductor industry has become increasingly prominent. Semiconductors are not only the basic support for the intelligent upgrading of traditional industries, but also the key to promoting the development of emerging technologies and industries. Based on this, the global competition in the semiconductor field is intensifying and intensifying. Recently, there has been good news in the semiconductor industry. On March 11, after several rounds of discussions and consultations, the semiconductor industry associations of China and the United States announced the joint establishment of“US-China Semiconductor Industry Technology and Trade Restriction Working Group”, will establish a timely communication and information sharing mechanism for the semiconductor industry of China and the United States, and exchange policies on export control, supply chain security, encryption and other technologies and trade restrictions. The working group plans to meet twice a year to share the latest developments in technology and trade-restrictive policies between the two countries. This year's working group meeting will be held online, and face-to-face meetings will be held in the future depending on the ease of the epidemic. According to the results of the consultation, the two associations will each appoint 10 semiconductor member companies to participate in the working group to share relevant information and conduct dialogues. The associations of both parties will be responsible for the specific organization of the working group. As soon as the news came out, the leading semiconductor stocks rose sharply in the afternoon today: the semiconductor sector of Hong Kong stocks expanded, Hua Hong Semiconductor rose 9%, and SMIC rose more than 7%. Shanghai Fudan rose more than 10%, and Contron rose more than 9%. I would like to say that the semiconductor industry is one of the cores of current technological innovation, and its position in the world economy and technological development is becoming more and more important. Since the start of the Sino-US trade war, the semiconductor industry has become an important means of restricting my country, so it has received more and more attention from the country. In order to avoid being used again on key core technologies“stuck neck”, my country began to vigorously develop the semiconductor industry. This time, the semiconductor industry associations of China and the United States announced the joint establishment of a working group, which is expected to increase the development of my country's semiconductor industry.
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