Japan, U.S. industry chiefs agree to boost semiconductor cooperation

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Kyodo News

Japanese industry minister Yasutoshi Nishimura and his U.S. counterpart Gina Raimondo on Friday agreed to boost cooperation on the development of next-generation semiconductors. During the meeting in Detroit, they also confirmed the need to reinforce global supply chains with other partners and through multilateral engagements such as the Indo-Pacific Economic Framework, a U.S.-led economic initiative launched last year involving 14 countries in the region. A joint statement released by Japan’s minister of economy, trade and industry and the U.S. commerce secretary said they will encourage sem…

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