Japan and the European Union will sign a memorandum to strengthen cooperation over semiconductors, focusing on the establishment of an early warning system that will allow them to share information promptly to avoid supply chain disruptions, according to Japanese government sources.
The aim is to reinforce economic security by expanding supply networks for semiconductors, which are key to competing with China in advanced technology.
The memorandum of understanding will be signed by Economy, Trade and Industry Minister Yasutoshi Nishimura and European Commissioner for Internal Market Thierry Breton in Japan on Tuesday.
