Report: Japan and America aim to reach agreement on chip supply chain

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Japan and the United States will cooperate on the supply of important components for the chips, and aim to reach an agreement in this regard when the leaders of the two countries meet later this month, according to the CNBC, Japan’s Nikkei newspaper said.

Japanese Prime Minister Yoshihide Suga will become the first foreign leader to visit the United States since President Joe Biden took office.

Japan’s chief cabinet secretary said the meeting, originally scheduled for April 9, has been postponed to April 16.

The visit comes as a global shortage of semiconductors is putting pressure on US carmakers and manufacturers, forcing them to cut production. And it’s gaining prominence for policymakers who are concerned about the economic and security risks of the shortage.

Two government sources said that Suga is expected to leave Japan on April 15 and leave Washington on the 17th of the same month.



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