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Business trends

US chip industry to warn Trump against export controls on Chinese trade

Attempt to curb Beijing's 'Made in China 2025' could be devastating say companies

TAIPEI -- The U.S. semiconductor industry will warn President Donald Trump's administration that curbs on exports of chips and equipment to China could damage American jobs when representatives gather in Washington in two weeks to lobby against a new wave of constraints on Chinese trade, according to an executive from a top U.S. chip equipment supplier.

"There is a business risk if the U.S. administration puts export controls [on China]," Oreste Donzella, KLA-Tencor's senior vice president and chief marketing officer, said in a news briefing at the SEMICON Taiwan exhibition on Thursday. "This is huge business to the U.S. economy. I cannot imagine the White House would reduce the economy when we [U.S. chip and equipment suppliers] make a lot of money from the exports."

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