CB | Navigating Key Legal Challenges in the Semiconductor Industry

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.