The OECD’s Semiconductor Informal Exchange Network (SIEN), launched a year ago, has significantly bolstered the global semiconductor supply chain.
With over 50 participating global economies and nongovernmental stakeholders, SIEN has made substantial progress in enhancing cooperation, promoting transparency, and facilitating emergency response planning for supply chain disruptions.
Funded by the U.S. Department of State’s International Technology Security and Innovation (ITSI) Fund under the CHIPS Act of 2022, SIEN’s first-year achievements include the development of a mutually agreed-upon classification system that streamlines data exchange and early warning communication between members. Additionally, a comprehensive mapping exercise utilizing trade data has pinpointed comparative advantages and dependencies within semiconductor supply chains, offering critical insights for policymakers and industry leaders.
A framework paper exploring global semiconductor policies has been pivotal in boosting transparency and coordination among like-minded economies. Furthermore, a tabletop exercise conducted by SIEN enhanced participants’ understanding of the semiconductor ecosystem and supply chain dynamics, preparing them for potential disruptions.
At the sixth SIEN meeting held on June 18 in Italy, Deputy Assistant Secretary for Trade Policy and Negotiations Robert Garverick announced the United States’ intent to provide financial support to the network through December 2025, contingent upon the availability of funds. The next quarterly meeting is scheduled to be hosted by the United Kingdom in London.
Participating economies in the recent meeting included Argentina, Austria, Belgium, Brazil, Bulgaria, Canada, Chile, Colombia, Costa Rica, Croatia, Czechia, Denmark, Dominican Republic, Egypt, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, India, Indonesia, Ireland, Israel, Italy, Japan, Korea, Latvia, Lithuania, Luxembourg, Mexico, the Netherlands, New Zealand, Norway, Panama, Peru, the Philippines, Poland, Portugal, Romania, the Slovak Republic, Slovenia, Spain, Sweden, Switzerland, Taiwan, Türkiye, the United Kingdom, the United States, Vietnam, and the European Union.
