Chip 4 News Today

The focus of the discussions was mainly on how to maintain the resilience of the semiconductor supply chain, Taiwan’s foreign ministry said.

The Chip 4 gained a new ally with South Korea joining the charge, but there may be conflict of interest ahead.

The United States is looking to create a collective of likeminded individuals to answer the chip shortage.

The US convened the preliminary meeting with East Asian countries to address issues related to a chip shortage that has wreaked havoc on supply chains.

A survey by the Korea Chamber of Commerce and Industry (KCCI) showed industrial experts believe that the countrys semiconductor industry is in crisis. According to the survey of 30 experts, 76.7 percent of the respondents said the chipmaking industry is “under a state of crisis,” and 58.6 percent of them predicted that the gloomy outlook will continue beyond 2024. Only one respondent said the industry is “not in a state of crisis.”

[ANALYSIS] Chip 4 aims to control Samsung-TSMC rivalry for Intel

[ANALYSIS] Why Three Nos dont matter for Seoul-Beijing ties

Seoul will aim to preserve national interests in any course of action on Chip 4 alliance and people do not have to worry about it ‘too greatly’, President Yoon Suk-yeol says.

Foreign ministers of South Korea and China to meet to address thorny issues

Seoul wary of Pelosi effect on ties with Beijing