Computer chip group SEMI to EU: new export controls should be 'last resort'-July 2024-www.financetom.com

Computer chip group SEMI to EU: new export controls should be 'last resort'

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Computer chip group SEMI to EU: new export controls should be 'last resort'

Mar 5, 2024 10:32 AM

AMSTERDAM, March 5 (Reuters) - The European Union should

think twice before imposing additional export controls or rules

on foreign investment, semiconductor industry group SEMI Europe

said in a position paper published this week.

The warning comes after the European Commission in January

presented a package of plans aimed at improving "economic

security" and preventing unwanted technology transfers to rivals

such as China.

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