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CSIA Opposes Abuse of Concept of 'National Security', Imposition of Discriminatory Restrictions on Overseas Subsidiaries of CN Firms
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Recent local government intervention targeting Nexperia, the Dutch subsidiary of its member company WINGTECH TECHNOLOGY (600745.SH), has drawn high attention within the industry, the China Semiconductor Industry Association (CSIA) issued a statement saying. The CSIA expressed grave concern over this matter, and solemnly declared its unwavering support for member companies in defending their legitimate rights, upholding a fair, equitable and non-discriminatory business environment, and safeguarding the stability of the global industrial chain. The CSIA added that it opposes the abuse of the concept of 'national security' to impose selective and discriminatory restrictions on overseas branches of Chinese enterprises. Discrimination against specific companies will undermine the open, inclusive and collaborative global semiconductor ecosystem, which the association firmly opposes. AAStocks Financial News Website: www.aastocks.com |
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