[1/2] Nishimura Yasutoshi, Minister of Financial system, Commerce and Trade (METI), talks throughout an interview with Reuters in Tokyo, Japan, April 5, 2023. REUTERS/Androniki Christodoulou/File Picture
TOKYO, Might 26 (Reuters) – The USA and Japan will deepen cooperation within the analysis and growth of superior chips and different applied sciences, they stated on Friday, the most recent signal of the 2 allies strengthening ties in semiconductors.
The transfer, which additionally consists of collaboration on quantum computing and discussions on synthetic intelligence, comes as each Washington and Tokyo cut back publicity to China and work collectively to broaden chip manufacturing and safe superior parts important for financial development.
The USA, Japan and different members of the Group of Seven (G7) superior nations final week agreed to “de-risk” however not decouple from China, underscoring the deep concern amongst superior democracies about China’s rising technological may and its lockhold on expertise provide chains.
In a joint assertion, the 2 international locations agreed to extend cooperation between their analysis and growth hubs, as they map out future expertise collaboration.
The assertion got here after Japan’s Minister of Financial system, Commerce and Trade Yasutoshi Nishimura met in Detroit with U.S. Secretary of Commerce Gina Raimondo.
The 2 international locations agreed to work collectively “to determine and resolve geographic concentrations of manufacturing undermining semiconductor provide chain resilience”. In addition they dedicated to strengthening provide chains by collaborating with rising and growing international locations.
Japan has established a brand new chip maker, Rapidus, that’s working with Worldwide Enterprise Machines Corp (IBM)(IBM.N) to develop superior logic semiconductors, and is providing subsidies to U.S. reminiscence maker Micron Expertise Inc (MU.O) so it may possibly broaden manufacturing there.
Japan, together with the Netherlands, has additionally agreed to match U.S. export controls that may restrict the sale of some chipmaking instruments to China.
Raimondo on Thursday met China’s Minister of Commerce Wang Wentao in Washington the place the pair exchanged views on commerce, funding and export insurance policies.
Reporting by Tim Kelly, Satoshi Sugiyama, David Dolan; Modifying by Muralikumar Anantharaman, Christopher Cushing, Conor Humphries and Kim Coghill
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