Japan, the United States make a statement on chip cooperation -Yomiuri According to Reuters

© Reuters. FILE PHOTO: Nishimura Yasutoshi, Minister of Economy, Trade and Industry (METI), speaks during an interview with Reuters in Tokyo, Japan, April 5, 2023. REUTERS/Androniki Christodoulou/File Photo

TOKYO (Reuters) – Japan and the United States are likely to issue a joint statement on semiconductor and advanced technology cooperation on Friday, the Yomiuri daily reported without disclosing where the information was obtained.

Japanese Minister of Economy, Trade and Industry Yasutoshi Nishimura and US Secretary of Commerce Gina Raimondo will meet in the US city of Detroit, where Mr. Nishimura is attending the Trade Ministers Meeting. APEC 2023 to agree on the content of the joint statement, Yomiuri reported.

The United States has been garnering the support of allies to join them against China in technology development at a time when Asia’s largest economy is becoming increasingly assertive on the international stage.

Washington has imposed a series of export controls on chipmaking technology to China while Beijing has banned critical infrastructure operators from using the Chinese chipmaker’s products. States from Micron Technology Inc (NASDAQ:).

Last week, leaders of the Group of Seven advanced democracies, which includes the US and Japan, protested what they called China’s “economic coercion” and agreed to reduce exposure to the Chinese economy. second largest economy in the world.

The new statement between Japan and the US may include a roadmap for the development of next-generation semiconductors as well as a plan to cooperate in the fields of artificial intelligence and quantum technology, Yomiuri newspaper reported.

Ahead of his meeting with his Japanese counterpart, Raimondo on Thursday met with Chinese Commerce Minister Wang Wentao in Washington, where the two sides exchanged views on trade, investment and export policies.


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