Feeds

Chip trade body welcomes Red China, US accord

Because its members will be able to sell more chips

  • alert
  • submit to reddit

Gartner critical capabilities for enterprise endpoint backup

The Semiconductor Industry Association (SIA) said today that it welcomed talks between the US government and Red China which could result in the communist country becoming a member of the World Trade Organisation (WTO). SIA president George Scalise said: "Our industry would very much like to see China join the WTO when a commercially viable agreement is reached. Such an agreement should increase US exports and help expand China's market for American semiconductor companies. The SIA thinks communist country China will become one of the biggest chip markets in the world. Current value of the market is around eight billion US dollars, the SIA estimates. Tariffs on chips were 20 per cent in 1995 but have now dropped to between six and 10 per cent. Said Scalise: "Continued liberalization of Chinese trade and investment rules wouldfurther permit growth in the Chinese market for semiconductors, to the mutual benefit of U.S. semiconductor producers and the Chinese information technology industry. We highly commend the Administration's efforts and progress and strongly support China's WTO accession on commercially viable terms. While there are still issues to solve, we do believe that this is an important step." Taiwan might think differently. Red China continues at regular periods to rattle its sabre at the island, although it is not in its financial interests to invade. Red China does not have a good record on human rights but the US thinks its market is far too big to ignore for these considerations to count that much. ®

The essential guide to IT transformation

More from The Register

next story
Kate Bush: Don't make me HAVE CONTACT with your iPHONE
Can't face sea of wobbling fondle implements. What happened to lighters, eh?
Video of US journalist 'beheading' pulled from social media
Yanked footage featured British-accented attacker and US journo James Foley
Caught red-handed: UK cops, PCSOs, specials behaving badly… on social media
No Mr Fuzz, don't ask a crime victim to be your pal on Facebook
Ballmer leaves Microsoft board to spend more time with his b-balls
From Clippy to Clippers: Hi, I see you're running an NBA team now ...
Online tat bazaar eBay coughs to YET ANOTHER outage
Web-based flea market struck dumb by size and scale of fail
Amazon takes swipe at PayPal, Square with card reader for mobes
Etailer plans to undercut rivals with low transaction fee offer
Assange™: Hey world, I'M STILL HERE, ignore that Snowden guy
Press conference: ME ME ME ME ME ME ME (cont'd pg 94)
Call of Duty daddy considers launching own movie studio
Activision Blizzard might like quality control of a CoD film
US regulators OK sale of IBM's x86 server biz to Lenovo
Now all that remains is for gov't offices to ban the boxes
prev story

Whitepapers

5 things you didn’t know about cloud backup
IT departments are embracing cloud backup, but there’s a lot you need to know before choosing a service provider. Learn all the critical things you need to know.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Build a business case: developing custom apps
Learn how to maximize the value of custom applications by accelerating and simplifying their development.
Rethinking backup and recovery in the modern data center
Combining intelligence, operational analytics, and automation to enable efficient, data-driven IT organizations using the HP ABR approach.
Next gen security for virtualised datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.