Leading chipmaking nations including the United States, South Korea &Japan are forming alliances

9/23/2022

RawNews1st – Leading chipmaking nations including the United States, South Korea and Japan are forming alliances, in part to secure their semiconductor supply chain and to stop China from reaching the cutting edge of the industry, analysts told CNBC.

The alliances underscore the importance of chips to economies and national security while at the same time highlighting a desire by countries to stem China’s advancement in the critical technology.

Leading chipmaking nations including the U.S. are forming alliances, in part to secure their semiconductor supply chain and to stop China from reaching the cutting edge of the industry, analysts told CNBC.

Places including the United States, South Korea, Japan and Taiwan, which have strong semiconductor industries, have looked to forge partnerships around the critical technology.

The teaming up underscores how important chips are to economies and national security, while at the same time highlighting a desire by countries to stem China’s advancement in the critical technology.

Kotasthane was a guest on the latest episode of CNBC’s “Beyond the Valley” podcast published Tuesday, which looks at the geopolitics behind semiconductors.

“The immediate reason for all this is definitely China,” said Pranay Kotasthane, chairperson of the High Tech Geopolitics Programme at the Takshashila Institution, in reference to the alliances.

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