SEMI Applauds International Trade Agreement Breakthrough

SAN JOSE, Calif. — July 24, 2015— SEMI today welcomed news out of Geneva on a plan to expand the Information Technology Agreement (ITA) and begin negotiations to finalize the deal.  Following a multi-year effort on behalf of global information and communication technology industries, a meaningful agreement now appears within reach.

SEMI ( worked with a host of industry and government officials in an effort to expand the original agreement, which first created free trade among tech products in 1996.  This new deal stands to modernize and broaden an accord that now accounts for 97 percent of global trade for tech.  ITA expansion will greatly improve the way many leading semiconductor equipment manufacturing (SEM) companies do business.

Trade negotiators from more than 50 countries came to a consensus on an array of products that includes machines and apparatus to manufacture boules, wafers, semiconductor devices and flat panel displays among other products of interest to SEMI members.  Pending domestic reviews, the international agreement is expected to be ratified by the end of the year with tariff elimination slated to begin July 2016.

“Today’s approval of a final ITA product list is a significant victory for the industry,” said SEMI CEO Denny McGuirk. “High-tech manufacturers have long sought to liberalize trade for innovative products and an expanded ITA will go a long way to alleviate global barriers.  We commend the work of the trade ministers and WTO Director-General Roberto Azevedo for their persistent work on this important initiative.”

Following today’s agreement-in-principle, negotiators will resume consultations aimed at finalizing the deal — estimated to be worth $1 trillion in annual global trade.  SEMI will continue to work closely with negotiators throughout the process to ensure an effective outcome for the SEM industries. 

SEMI is the global industry association serving the nano- and micro-electronic manufacturing supply chains. Our 1,900 member companies are the engine of the future, enabling smarter, faster and more economical products that improve our lives. Since 1970, SEMI has been committed to helping members grow more profitably, create new markets and meet common industry challenges. SEMI maintains offices in Bangalore, Beijing, Berlin, Brussels, Grenoble, Hsinchu, Moscow, San Jose, Seoul, Shanghai, Singapore, Tokyo, and Washington, D.C. For more information, visit


Taylor Sholler/SEMI
Phone: 1.202.393.5552
Email:  Email Contact

Deborah Geiger/SEMI
Phone: 1.408.943.7988
Email:  Email Contact

Review Article Be the first to review this article


Featured Video
Manager, Field Applications Engineering for Real Intent at Sunnyvale, CA
Upcoming Events
SEMICON Europe at Grenoble France - Oct 25 - 27, 2016
ARM TechCon 2016 at Santa Clara Convention Center Santa Clara CA - Oct 25 - 27, 2016
Call For Proposals Now Open! at Santa Clara Convention Center, Santa Clara, CA California CA - Oct 25 - 27, 2016
DeviceWerx - 2016 at Green Valley Ranch Casino & Resort Las Vegas NV - Nov 3 - 4, 2016
S2C: FPGA Base prototyping- Download white paper

Internet Business Systems © 2016 Internet Business Systems, Inc.
595 Millich Dr., Suite 216, Campbell, CA 95008
+1 (408)-337-6870 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering TechJobsCafe - Technical Jobs and Resumes GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy Policy