In light of the global chip shortage, SIA and other industry groups expressed support for strengthening semiconductor supply chain resiliency.
The Security Industry Association (SIA) has joined a coalition of organizations in urging Congress to support President Biden’s $50 billion funding request for the CHIPS for America Act.
Semiconductor chips play an essential role in the security industry’s ecosystem by enabling security equipment to function, interoperate with other communication systems and augment traditional solutions to include artificial intelligence, 5G and Internet of Things functionalities. In light of the global chip shortage – including manufacturing and shipping delays, supply chain disruptions and increased demand for semiconductor chips that impact product manufacturers – SIA supports incentivizing eligibility for CHIPS Act funding programs.
In an April 14, 2021, letter to House Speaker Nancy Pelosi (D-Calif.), Senate Majority Leader Charles Schumer (D-N.Y.), House Minority Leader Kevin McCarthy (R-Calif.) and Senate Minority Leader Mitch McConnell (R-Ky.), the coalition – consisting of SIA, the Alliance for Digital Innovation, the Associated General Contractors of America, BSA | The Software Alliance, CTIA, GovEvolve, the Information Technology Industry Council, the Software and Information Industry Association, the Tech CEO Council and USTeleCom – The Broadband Association – urged Congress to consider appropriations for the CHIPS for America Act to support the diversification, expansion and resiliency of the U.S. semiconductor supply chain. The industry groups emphasized that the U.S. should encourage investment in and production of semiconductor technology by all eligible companies to strengthen the chip supply chain and recommended guarding against unprecedented market interference through direct mandates of set-asides in new manufacturing capacity. The groups urged Congress to move swiftly to fund the act and ensure its benefits are widely available and implemented in a technology- and industry-neutral fashion.
If your company has been impacted by semiconductor supply chain disruptions due to COVID-19, please contact Joe Hoellerer, senior manager of government relations at SIA, at email@example.com.