Japan, India vow to boost chip supply chains for economic security
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Japan and India have agreed to strengthen semiconductor supply chains for increased economic security in response to China’s rising clout in the Indo-Pacific region and beyond.
Yasutoshi Nishimura, Japan’s minister of economy, trade and industry, and Ashwini Vaishnaw, India’s minister of electronics and information technology, signed a memorandum of understanding on Thursday in New Delhi.
The agreement came as Japan aims to deepen partnerships with allies and like-minded nations to develop more resilient supply chains for critical products and materials, including chips, batteries and minerals...