New Immigration Executive Order Hurts Semiconductor Industry, Overall Tech Sector
Tuesday, Jun 23, 2020, 1:00pm
by Semiconductor Industry Association
WASHINGTON—June 23, 2020—The Semiconductor Industry Association (SIA) today released the following statement from President & CEO John Neuffer in response to President Trump’s recent immigration executive order. SIA represents 95 percent of the U.S. semiconductor industry.
“The success of the U.S. semiconductor industry requires both homegrown talent and talent from around the world. This is a step in an unhelpful direction for our industry and the U.S. innovation economy as a whole. With the U.S. and global economy facing unprecedented challenges, now is the time to pursue pro-growth policies that enhance the competitiveness of the semiconductor industry, a foundational industry driving growth and jobs across the entire economy. It is simply not the time to block our access to the best and brightest from around the world.”
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About SIA
The Semiconductor Industry Association (SIA) is the voice of the semiconductor industry, one of America’s top export industries and a key driver of America’s economic strength, national security, and global competitiveness. Semiconductors – the tiny chips that enable modern technologies – power incredible products and services that have transformed our lives and our economy. The semiconductor industry directly employs nearly a quarter of a million workers in the United States, and U.S. semiconductor company sales totaled $193 billion in 2019. SIA represents 95 percent of the U.S. semiconductor industry by revenue. Through this coalition, SIA seeks to strengthen leadership of semiconductor manufacturing, design, and research by working with Congress, the Administration, and key industry stakeholders around the world to encourage policies that fuel innovation, propel business, and drive international competition. Learn more at www.semiconductors.org.