CB | Navigating Key Legal Challenges in the Semiconductor Industry

Navigating Key Legal Challenges in the Semiconductor Industry | SIPAC x Chance Bridge

The rapidly evolving global semiconductor industry is facing a complex legal landscape shaped by geopolitical tensions and evolving export controls. In a recent webinar, “Navigating Key Legal Challenges in the Semiconductor Industry,” Greg Harris, a seasoned semiconductor law expert, shared invaluable insights gained from his frontline experience as a former senior in-house counsel at Taiwan Semiconductor Manufacturing Company (TSMC) and as a senior associate at Lee & Li, Taiwan’s oldest and largest law firm.

Drawing upon his unique combination of in-house and private practice expertise, Greg provided practical guidance on two critical legal focus areas that are essential for semiconductor companies to navigate successfully.

Procurement Contract Negotiations:
With semiconductor tools being massively expensive and rapidly depreciating, the timing of deliveries is critical. Greg shared negotiation strategies to help purchasers gain optimal control over delivery schedules while navigating the extraordinary leverage of suppliers. These strategies are invaluable in an industry where timely access to cutting-edge technology can mean the difference between success and failure.

Managing Export Control Risks:
Changing export regulations can significantly disrupt commercial chip and equipment supply agreements. Older contracts often lack clear provisions addressing such disruptions. Greg offered advice on contract review, leveraging force majeure clauses, protecting rights through dispute mechanisms, and ensuring new agreements reflect current industry standards. These insights are crucial for mitigating risks and maintaining business continuity in the face of evolving regulatory landscapes.

As a legal expert with a rare combination of in-house and private practice experience at semiconductor giants, Greg Harris provided invaluable insights into navigating the intricate legal maze in this critical industry. This webinar is a must-watch for semiconductor companies looking to gain a strategic advantage in navigating the complex legal challenges they face.

Greg Harris

International Consultant, Chance Bridge | greg.harris@chancebridge.com

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About SIPAC:

SIPAC was formally launched in March of 2023 and held its inaugural Sino-International Law Forum in Shanghai in November 2023, attended by nearly 250 leading lawyers from around the world and across China, including more than 40 foreign lawyers from leading independent law firms covering more than 50 jurisdictions around the world, nearly 100 senior in-house legal and compliance professionals from leading Chinese companies, and more than 100 lawyers from leading Red Circle law firms as well as lawyers included on the Ministry of Justice’s list of top 1000 cross-border lawyers in China.  Given the unique nature of the event, attendance at the upcoming 2024 Sino International Law Forum, to be held in Shanghai on 14-15 November, is expected to increase as much as two-fold.

SIPAC and its comprehensive ecosystem of channel partners, including key quasi-governmental in-house counsel associations and leading outbound investment think tanks, legal know-how publishers and legal training platforms, are uniquely positioned to help promote the development of China’s international legal infrastructure, a key initiative promulgated at all levels of the Chinese government.  As such, SIPAC is designed to address the entire China legal services market, including all in-house lawyers responsible for international legal affairs as well as lawyers in Chinese law firms engaged in cross-border legal matters on behalf of their Chinese clients.

SIPAC members currently include Tilleke & Gibbins, Al Tamimi & Company, Schellenberg Wittmer, HEUKING, ENS, Anderson Mori & Tomotsune, Marval O’Farrell Mairal, Moroğlu Arseven, Cruz Marcelo & Tenefrancia, Waselius, Carey, GZG, Soemadipradja & Taher, Peters & Peters, BUREN, and Lakatos, Köves and Partners, with numerous additional leading independent law firms expected to join as members and delegates at this year’s second annual Sino International Law Forum

For more information, please contact SIPAC Chairman Robert Lewis.

Email: robert.lewis@sipac-network.com

Mobile: +86 1380 116 4471

WeChat: RobertDLewis