WASHINGTON, D.C. – May 14, 2021 – Alliance for Automotive Innovation (Auto Innovators) president and CEO John Bozzella and Semiconductor Industry Association (SIA) president and CEO John Neuffer released the following joint statement today following a joint industry workshop on the global chip shortage convened by the two associations. Workshop participants included experts and executives from the automotive and semiconductor sectors.
“Leaders from the semiconductor and automotive industries have a shared commitment to resolving the global chip shortage as quickly and efficiently as possible. Today’s workshop was an important opportunity for both industries to exchange information about the shortage and identify areas for continued collaboration to end it.
“To strengthen America’s chip supply chains over the long term, we believe it is critical for President Biden and Congress to fund the domestic semiconductor manufacturing incentives and research initiatives in the CHIPS for America Act. Federal investments in domestic chip production and innovation will strengthen America’s economy and global competitiveness.
“We look forward to continuing the constructive dialogue among industry leaders to resolve the global chip shortage and working with policymakers in Washington to boost chip production in the U.S.”
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About the Alliance for Automotive Innovation
Formed in 2020, the Alliance for Automotive Innovation is the singular, authoritative, and respected voice of the automotive industry. Focused on creating a safe and transformative path for sustainable industry growth, the Alliance for Automotive Innovation represents the manufacturers producing nearly 99 percent of cars and light trucks sold in the U.S. and is directly involved in regulatory and policy matters impacting the light-duty vehicle market across the country. Members include U.S. operations of international motor vehicle manufacturers, original equipment suppliers, technology, and other automotive-related companies and trade associations. The Alliance for Automotive Innovation is headquartered in Washington, DC, with offices in Detroit, MI, and Sacramento, CA. For more information, visit our website http://www.autosinnovate.org.
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 $208 billion in 2020. SIA represents 98% of the U.S. semiconductor industry by revenue and nearly two-thirds of non-U.S. chip firms. 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.