The Japanese and U.S. governments have clarified their intent to strengthen economic security through close cooperation to counter China’s rising military and economic power, and prepare for a possible emergency in Taiwan.
Economy, Trade and Industry Minister Koichi Hagiuda stressed the importance of next-generation semiconductors in particular at a press conference following the meeting of the Japan-U.S. Economic Policy Consultative Committee in Washington on Friday.
“The most important area for Japan-U.S. cooperation is the development of next-generation semiconductor technology, which will determine who has the competitive edge in the industry in the future,” Hagiuda said.
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