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U.S., Japan Set to Collaborate for Joint Research on Semiconductors

Here is the Latest World News Update Today About: the U.S., Japan Set to Collaborate for Joint Research on Semiconductors

On Friday, the United States and Japan began a new high-level economic conversation to confront China and the disruption brought on by Russia’s invasion of Ukraine.

During the so-called economic “two-plus-two” ministerial meeting in Washington, the two longtime allies decided to build a new joint research centre for next-generation semiconductors, according to Japanese Trade Minister Koichi Hagiuda.

Energy and food security were other topics that U.S. Secretary of State Antony Blinken, Secretary of Commerce Gina Raimondo, Foreign Minister of Japan Yoshimasa Hayashi, and Hagiuda discussed, according to the officials.

As the largest and third-largest economies in the world, respectively, Blinken said that “it is crucial that we work together to safeguard the rules-based economic order, one in which all countries may participate, compete, and succeed.”

In regards to next-generation semiconductor research, Hagiuda stated that “Japan would immediately move to action” and claimed that Washington and Tokyo had decided to form a “new R&D organisation” in order to create a reliable source for the essential components.

He declared that additional “like-minded” nations would be welcome to join the research cluster.

The two nations did not immediately provide more information about the plan, although the Japanese newspaper Nikkei Shimbun had earlier reported that a facility would be established in Japan by the end of this year to perform research on 2-nanometer semiconductor chips.

U.S., Japan: According to the Newspaper, It Will Have a Prototype Production Line and Start Making Semiconductors by 2025

U.S., Japan
Reuters

Raimondo stated that the officials had discussed cooperation on semiconductors, “particularly with respect to advanced semiconductors,” adding that “as we mentioned today, semiconductors represent the foundation of our economic and national security.”

There are worries about the supply stability should conflict arise between Taiwan and China, which sees the island as part of its territory.

Taiwan currently produces the vast majority of semiconductors under 10 nanometers, which are used in products like smart phones.

In a joint statement, the United States and Japan pledged to cooperate in “foster[ing] supply chain resilience in important industries, including, in particular, semiconductors, batteries, and critical minerals.”

They promised to “create a robust battery supply chain to drive cooperation amongst like-minded nations.”

Regarding relations with Russia, Hagiuda claimed he was able to persuade the United States that despite sanctions imposed on Moscow as a result of the invasion of the Ukraine, Tokyo intends to maintain its stake in the Sakhalin-2 oil and gas project.

“Withdrawal is being urged by some. However, it would mean that a third country would receive our part, and Russia would make a large profit.

I believe we succeeded in getting the United States to see how maintaining our interest is consistent with sanctions “said he.

Mitsui & Co and Mitsubishi Corp, two Japanese trading houses, collectively own 22.5 percent of the project.

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