Semiconductor Industry Association downplays the intel
Bloomberg's reporting is largely based on a member-only presentation given by the Semiconductor Industry Association .contacted SIA to receive further details but the mainstay trade and lobbying group did not respond.stating its report merely summarized trends from publicly available information and focused on a set of widely reported developments.
"The news story in question included several inaccuracies. SIA, for example, did not issue any warnings or sound any alarms," downplayed the org.the US Commerce Department's entity list in 2019 over concerns that unidentified foreign adversaries could exploit vulnerabilities in IT and telecom systems and services.
Since then, many governments have jumped on or considered jumping on the Huawei ban-wagon. For instance, in June, was mulling over a mandatory ban on member states using kit from manufacturers deemed to be a possible security threat in their telecoms networks.46 percent percent in the first quarter of 2023.
The Bureau of Industry and Security reportedly told Bloomberg it is monitoring the situation but is not surprised if Huawei is seeking state support, given the severe restrictions placed on its activities. ®
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