ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

China and US chip industries come together to discuss trade

Semiconductor shares surge on prospects for bilateral cooperation

Beijing and Washington are not involved in the private sector-led working group, a source says. (Nikkei Montage/Reuters)

PALO ALTO, U.S. -- Two major semiconductor industry associations in China and the U.S. have established a working group to discuss trade-related issues, the Chinese group said Thursday, a possible olive branch amid trade tensions between Beijing and Washington and a worsening global chip shortage affecting both economies.

Chinese Semiconductor Industry Association (CSIA) and its U.S. counterpart, Semiconductor Industry Association (SIA), will meet twice a year to discuss the latest technology development and trade policies in the two countries. The associations will select 10 companies from each side as representatives to participate in the working group, CSIA said.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more