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Semiconductors Manufacturers

The Volkov Law Group

BIS Imposes $500,000 Penalty on Semiconductor Manufacturer for Entity List Violations

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On November 1, 2024, the U.S. Department of Commerce’s Bureau of Industry and Security (“BIS”) imposed a $500,000 monetary penalty on GlobalFoundries U.S. 2 LLC and its parent, GlobalFoundries U.S. Inc., for a series of...more

Holland & Knight LLP

Treasury Department Issues Final Section 48D Guidance on CHIPS Act Semiconductor Tax Incentive

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The Chips and Science Act of 2022 (CHIPS Act) added Section 48D to the Internal Revenue Code (Code) to incentivize the manufacture of semiconductors and semiconductor manufacturing equipment in the U.S. The credit is equal to...more

McDermott Will & Emery

Semiconductor Industry Receives Long-Awaited Tax Credit Guidance From Treasury

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On October 22, 2024, the US Department of the Treasury (Treasury) and the Internal Revenue Service (IRS) issued long-awaited regulations implementing the advanced manufacturing investment credit under Sections 48D and 50...more

Tonkon Torp LLP

Oregon’s Senate Bill 4 Will Empower and Accelerate Semiconductor Growth

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In the 2023 legislative session, Oregon passed Senate Bill 4 – a groundbreaking move to bolster its position as a leader in the semiconductor industry and to strengthen the industry within its borders. The legislation...more

DLA Piper

Industrials Regulatory News and Trends - October 2024

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Welcome to Industrials Regulatory News and Trends. In this regular bulletin, DLA Piper lawyers provide concise updates on key developments in the industrials sector to help you navigate the ever-changing business, legal, and...more

Brownstein Hyatt Farber Schreck

USTR Opens Section 301 Comment Period

The Office of U.S. Trade Representative (USTR) released a request for comments on several proposed actions included in the final modifications of the Section 301 tariffs. On Sept. 13, USTR finalized several tariff increases...more

World Law Group

Doing Business in Taiwan

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In World Law Group's Doing Business In Guide, member firms around the globe share how to successfully do business in their countries, key investment sectors, and what business opportunities are hot in the market right now. In...more

Akin Gump Strauss Hauer & Feld LLP

US Presidential Elections 2024—What is at Stake for Swiss Companies and Investors?

The November U.S. Presidential electoral campaign is in full swing. Since President Joe Biden ended his reelection bid and Vice President Kamala Harris secured the Democratic Party nomination, polls now show a tight race...more

DLA Piper

The Chips Are Down – A Look Into Semiconductors and the Automotive Industry

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Industries around the world have been hugely affected by global events over the past several years. Wars, famine and water shortages, political unrest and pandemics have all contributed to persistent supply constraints for...more

A&O Shearman

Sanctions and export controls expand further - Update

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In October, the U.S. Commerce Department unveiled new rules to tighten further a sweeping set of export controls first introduced a year previously, reducing the types of semiconductor manufacturing equipment and advanced...more

Bennett Jones LLP

Amendments to Canada’s Export Control List: Addition of Quantum Computing and Advanced Semiconductors

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On July 20, 2024, an Order Amending Canada’s Export Control List (ECL) (SOR/2024-112, or the Order) came into effect. This amendment adds five new controls under Item 5506 of the ECL, extending Canada's export regulation of...more

Akerman LLP

Section 301 Tariffs Update

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Following last week’s announcement concerning the U.S. Trade Representative’s proposal to add or increase Section 301 ad valorem rates of duty for certain products of China, on May 22, 2024, the USTR issued its highly...more

Dickinson Wright

USTR Releases Section 301 Tariff Specifics and Electric Vehicles Will Be Impacted | 美国贸易办公室发布301条款关税细节;电动汽车将受到影响

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The USTR released more specifics regarding the proposed increase in tariffs on “key sectors.”  The most recent announcement clarifies the actual products impacted, the timing of such tariffs, and an exclusion process for a...more

Alston & Bird

Biden Administration to Increase Tariffs on Chinese Imports in Strategic Sectors

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The Biden Administration is increasing Section 301 tariffs on a wide range of Chinese imports for “strategic sectors.” Our International Trade & Regulatory Group examines the plan....more

Foley Hoag LLP

Biden Administration to Increase Tariffs on Chinese Goods Including Those Related to the Clean Energy Sector

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On May 14, 2024, President Biden announced that he is directing his Trade Representative to increase tariffs under Section 301 of the Trade Act of 1974 on a wide range of Chinese goods, which will significantly impact U.S....more

Bond Schoeneck & King PLLC

Micron to Receive $6.1 Billion in CHIPS Act Funding

The Biden administration and Senator Charles Schumer have announced that the federal government and Micron Technology, Inc. ("Micron") have come to terms on a $6.1 billion grant to support the construction of the first two...more

Alston & Bird

Regulatory Recap – Latest Export Control Updates on Advanced Computing and Semiconductor Manufacturing Equipment, End-User...

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The United States continues to publish additional export control rules on the semiconductor, advanced computing, and supercomputer industries. Our International Trade & Regulatory Group analyzes the latest export controls...more

Pillsbury - Global Trade & Sanctions Law

Correcting and Clarifying Export Controls Issued on Advanced Computing and Semiconductor Manufacturing Items

On March 29, 2024, the U.S. Commerce Department’s Bureau of Industry and Security (BIS) issued an interim final rule (“2024 IFR”) clarifying and correcting its October 2023 interim final rules on advanced...more

Holland & Knight LLP

Treasury Department, IRS Release Final Regulations on Direct Pay Under CHIPS Act Section 48D

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The Chips and Science Act of 2022 (CHIPS Act) added Section 48D to the Internal Revenue Code to incentivize the production of semiconductors and semiconductor manufacturing equipment in the United States. The credit is equal...more

Wiley Rein LLP

Wiley's 10 Key Trade Developments: The CHIPS Act and Inflation Reduction Act (IRA)

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These two laws usher in a new era of industrial policy, providing billions of dollars for new infrastructure, high-tech research and development, and growing and strengthening the industrial manufacturing base. ...more

A&O Shearman

Sanctions and export controls expand further

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In 2023, the biggest question on clients’ minds was the ramping up of U.S. export controls targeting semiconductors and advanced computing. In October, the U.S. Commerce Department unveiled new rules to tighten further a...more

Wiley Rein LLP

BIS Strengthens Export Controls Targeting China’s Acquisition of Semiconductor Equipment, Advanced Computing Items, and...

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For the second year running, and in what may prove to be a regular process, the U.S. Department of Commerce’s Bureau of Industry and Security (BIS) has significantly expanded export controls on specific semiconductor and...more

Akerman LLP

Updated Advanced Computing and Semiconductor Manufacturing Export Controls Take Effect

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On October 17, 2023, the Commerce Department’s Bureau of Industry and Security (“BIS”) released two interim final rules (“IFRs”) that amended the Export Administration Regulations (“EAR”) to significantly expand export...more

Locke Lord LLP

Commerce Issues Rule to Secure ‎Semiconductor Supply Chains

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On October 13, 2023, the U.S. Department of Commerce’s Bureau of Industry and Security (“BIS”) issued a new rule to update general authorizations for Samsung and SK Hynix, two semiconductor companies headquartered in the...more

Jones Day

BIS Releases Rules to Revise and Expand Controls Relating to Semiconductors and Advanced Computing

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The U.S. Department of Commerce's Bureau of Industry and Security ("BIS") recently released two rules to update export controls on advanced semiconductors, semiconductor development and production, and items that support...more

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