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Semiconductor Group Calls for More US, EU Cooperation on Trade, Tech

The semiconductor industry urged U.S. and European leaders to cooperate more closely on technology and trade, ahead of a meeting this week between U.S. officials and the European Commission. The two sides should “build on their shared strategic interests and…

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advance regulatory cooperation” to strengthen supply chains, Semi, a semiconductor manufacturing industry group, said June 14. Semi said it wrote letters last week to European Commissioner Thierry Breton, European Commission President Ursula von der Leyen and President Joe Biden to ask the European Union and the U.S. to form a trade and technology council. The council would ensure “cooperation on critical technologies and supply chains” to reflect “the needs of both partners and our globally integrated microelectronics industry.”