Japan, EU bolster cooperation over semiconductor supply

Japan and the European Union on Tuesday further strengthened cooperation over securing a stable supply of semiconductors, aiming to shield themselves from the fallout of the intensifying U.S.-China technology war.

Japanese Economy, Trade and Industry Minister Yasutoshi Nishimura and European Commissioner for Internal Market Thierry Breton signed a memorandum of understanding that prioritizes developing a mechanism for information sharing to prevent potential supply shortages of chips.

The document signed at their meeting in Tokyo also focuses on exchanging information on government subsidies f...