Chinese chip trade group opposes export controls from U.S., Netherlands, Japan

The China Semiconductor Industry Association (CSIA), the country’s top chip industry trade group, opposes reported export controls from the United States, Japan and the Netherlands, it said on Wednesday.

The restrictions, should they become a reality, “will cause serious harm to the semiconductor industry in China, with detriment to the global economy, as well as long-term damages to the interests of consumers world-wide,” the association said in a statement.