Japan and the United States will create a road map for the collaborative development of next-generation semiconductors, according to a joint statement released on Friday by the two countries’ senior trade officials.
During discussions in Detroit, Yasutoshi Nishimura, Minister of Economy, Trade, and Industry, and Gina Raimondo, U.S. Secretary of Commerce, agreed that the two nations will collaborate in biotechnology-based drug development, artificial intelligence (AI), and quantum technology.
In their statement, Nishimura and Raimondo emphasized that deepening Japan-U.S. cooperation is “essential for bolstering the economic prosperity and security of both countries, as well as for maintaining and strengthening the regional economic order.”
The United States and Japan will work together to develop advanced semiconductors.
In addition, they reaffirmed the significance of bolstering global supply chains through the Indo-Pacific Economic Framework for Prosperity and other mechanisms.
Nishimura stated to the media following the discussions, “I hope to significantly accelerate Japan-U.S. cooperation in technological development and other areas.”
To strengthen semiconductor supply chains, Tokyo and Washington will create a road map for jointly developing next-generation semiconductor technology and educating the workforce.
In the near future, the U.S. government intends to establish a National Semiconductor Technology Center, which will collaborate with the Japanese government’s Leading-edge Semiconductor Technology Center.
In the field of biotechnology, the two administrations intend to collaborate to foster connections between drug development-focused businesses. Cooperation on promoting the industrial application of quantum computers will be bolstered, and the development of a supply network will advance.
As China increases its presence in the region through infrastructure development and enormous financing, efforts will also be made to make private companies in Pacific island nations, including start-ups, more competitive.
Japan and the United States will collaborate to establish a market share target for Open RAN, which incorporates equipment from a variety of manufacturers to create a network of essential base stations for telecommunications.
During their meeting, Nishimura and Raimondo agreed to conduct a second meeting of the Japan-U.S. Economic Policy Consultative Committee, also known as the Economic “2+2,” between the foreign and economic ministers of the two countries at an early date.
