Ambassador Xie Feng met with Onsemi President and CEO Hassane El-Khoury - 中华人民共和国驻美利坚合众国大使馆

On June 17, 2026, Chinese Ambassador to the United States Xie Feng met with Hassane El-Khoury, Chairman and CEO of Onsemi. The meeting focused on China-US economic and trade cooperation and Onsemi's b... Read original →

The meeting between Ambassador Xie and Onsemi’s CEO signals deeper Sino-U.S. entanglement in power and automotive semiconductors. Technically, Onsemi’s China expansion accelerates localized SiC and sensor ecosystems, pressuring domestic substrate and epitaxy suppliers to upgrade. Compliance-wise, its focus on mature-node, civilian-grade products grants strategic flexibility amid tightening U.S. export controls. Competitors like Infineon and STMicroelectronics may respond by deepening partnerships with Chinese foundries to hedge geopolitical risk. Over the next 12–24 months, such diplomatic engagements will likely spur multinationals to adopt a 'China+1' footprint—retaining China-based capacity for market access while diversifying manufacturing to Southeast Asia or Mexico—redefining global supply chain resilience beyond mere cost efficiency.