Chinese, EU semiconductor firms discuss supply-chain security amid ‘bullying'
Semiconductor representatives from China and Europe have come together at a government-hosted meeting in Beijing to explore deeper collaboration and enhance supply-chain resilience after the United States stepped up tech curbs on China.
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Representatives from more than 40 companies in the semiconductor supply chain, both upstream and downstream, attended Tuesday's meeting, along with representatives from China's Ministry of Commerce (Mofcom), the China Semiconductor Industry Association, and the European Union Chamber of Commerce.
'At present, the security and stability of the global semiconductor production and supply chain are facing serious challenges,' the commerce ministry said in a statement on Tuesday. '[We] resolutely reject unilateralism and bullying practices.'
The meeting took place as tensions between China and the US over microchips have recently escalated, with Beijing showing a strong determination not to cede any more ground in the stand-off.
The meeting featured vows to safeguard the security and stability of the global semiconductor supply chain in which China and Europe are key players, the ministry statement said, adding that greater cooperation would serve both their interests.
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China will continue to deepen high-level openness and 'provide a fair, stable, transparent, and predictable policy environment for enterprises', it said.
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