The Semiconductor Industry and Regulatory Compliance
18 days ago
- #export-controls
- #US-China-trade
- #semiconductors
- The Trump administration narrowed export controls on advanced semiconductors ahead of US-China trade negotiations.
- US-manufactured semiconductors have been found in Russian weapons, and China is skirting export controls for AI and military advancements.
- American semiconductor firms prioritize profits over compliance, lacking effective mechanisms to restrict semiconductor flow.
- The financial services industry serves as a model for compliance, with heavy investments in regulatory adherence and significant penalties for violations.
- The Commerce Department’s Bureau of Industry and Security (BIS) needs more resources and stricter penalties to enforce export controls effectively.
- Semiconductor firms must invest in compliance teams, proactive audits, and elevate risk management to executive leadership.
- Unfettered access to advanced American chips by adversaries like Russia and China threatens US military advantage and global security.