TOKYO: The European Union will deepen cooperation with Japan on semiconductors, its industry chief said on Monday, as countries move to stengthen control over a technology vital for defence, electronic and automotive industries.
“We believe that it’s extremely important to secure the supply chain of semiconductors,” Thierry Breton told Reuters in Tokyo, where he is discussing cooperation on chips and artificial intelligence with the government and companies.
The EU and Japan will work together to monitor the chip supply chain and facilitate exchange of researchers and engineers, Breton said. The EU will also be supportive of Japanese semiconductor companies considering operating there, including through access to subsidies.
ETRise MSME Day 2022 Mega Conclave with Industry Leaders. Watch Now.
