‘The Next Era of Humanity's Technological Development': U.S. and Its Asian Allies Get Serious About Semiconductors

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‘The Next Era of Humanity's Technological Development': U.S. and Its Asian Allies Get Serious About Semiconductors
France Dernières Nouvelles,France Actualités
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The countries have made clear in recent days how much strategic importance they place on semiconductors — including export controls to China.

"These little chips, only a few nanometers thick, are the key to propelling us into the next era of humanity's technological development," Biden said on Friday.

The new president of South Korea, Yoon Suk-yeol, said over the weekend that he and Biden"visited what can be described as the 'global epicenter' of cutting-edge semiconductor industry. There, I was able to feel the strength of our economic and technology alliance." Chips are integral to everything from automobiles to home appliances, and they'll play an essential role in the development of artificial intelligence and quantum technologies. Leaders from the three countries have avoided mentioning China when it comes to semiconductors, but export controls are on the agenda as well.

"The main thing of interest to investors [from Biden's trip to Asia] might be what they say about supply chains and semiconductors and how much they align on export controls of sensitive technologies to China and investment in the U.S.," said Michael J. Green, senior vice president for Asia and Japan chair at the Center for Strategic and International Studies.U.S. Commerce Secretary Gina Raimondo, center, met on Monday in Tokyo with Japan's trade minister, Koichi Hagiuda.

On Monday, U.S. Commerce Secretary Gina Raimondo met with her Japanese counterpart, Koichi Hagiuda, in Tokyo. The two discussed"cooperation in fields such as semiconductors and export control," according to a CNBC translation of a statement from the Japanese Ministry of Economy, Trade and Industry.

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