The announcement said that this move will establish a timely information sharing mechanism for the semiconductor industry of China and the United States to exchange policies on export control, supply chain security, encryption and other technologies and trade restrictions.

   

Chip masters believe that this move is undoubtedly a dialogue between the semiconductor industries of the two countries after the announcement of the launch of high-level political dialogue between China and the United States during the two sessionsconstructive engagementMajor events.
　　
CSIA said that the two associations hope to strengthen communication and exchange through the working group and promote deeper mutual understanding and trust. The working group will followFair competition, intellectual property protection and Global trade rules, solve the concerns of the semiconductor industry of China and the United States through dialogue and cooperationRobust and flexible global semiconductor value chainMake joint efforts.
　　
As for the specific arrangement of affairs, the working group plans to meet twice a year to share the experience of the two countriesTechnology and trade restrictionsRecent developments in policy. According to the areas of common concern, the working group will explore corresponding countermeasures and suggestions and determine the contents that need further research. This year's working group meeting will be held online. In the future, face-to-face meetings will be held depending on the mitigation of the epidemic.

Source: SIA 2020 Semiconductor Industry Report

　　
According to the consultation results, the two associations willEach appoints 10 semiconductor member companiesParticipate in the working group, share relevant information and have a dialogue. The associations of both sides will be responsible for the specific organization of the working group.

The announcement of CSIA caused a surge in the prices of Chinese semiconductor related stocks, which may indicate closer cooperation between the two countries in the technology battle.SMIC InternationalHong Kong stocks rose 12.4% at one time,Huahong semiconductorIt rose 14%, while Hong Kong's Hang Seng technology index rose 5.2%, which shows the positive response of the capital market to this move.

Due to time difference, SIA (American Semiconductor Industry Association)The working group is not mentioned on the websiteNor did it respond to requests for comment.

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