US, Japan to Create Semiconductor Supply Chain Working Group, Report Says
The U.S. and Japan plan to set up a working group on securing supply chains for strategic technologies, including semiconductors, Nikkei Asia reported April 1. The two sides will likely agree to terms on the project -- including cooperation on…
Sign up for a free preview to unlock the rest of this article
Export Compliance Daily combines U.S. export control news, foreign border import regulation and policy developments into a single daily information service that reliably informs its trade professional readers about important current issues affecting their operations.
research and development and production of strategic technology components -- when Japanese Prime Minister Yoshihide Suga and President Joe Biden meet in Washington later this month, the report said. Both countries hope to address a global shortage of semiconductors and want to create a system wherein production doesn’t rely on specific regions that may present geopolitical risks, such as Taiwan and China, the Nikkei report said. The working group will reportedly include representatives from Japan’s trade and national security agencies and the U.S. National Security Council and Commerce Department. The report comes as the U.S. looks for ways to boost the competitiveness and capacity of its semiconductor industry (see 2103290004). The White House didn’t comment.