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Politics

Japan ruling party sets up chip task force with Abe in senior role

Lawmakers look to bolster overseas supply chains and domestic industry

The global chip shortage has spurred Japanese lawmakers to form a group to bolster the nation's supply.   © Reuters

TOKYO -- Japan's ruling Liberal Democratic Party is launching a caucus of lawmakers who will work to secure the nation's semiconductor supply amid a global shortage and boost the country's competitiveness in the field.

The caucus will be chaired by Akira Amari, a former economic policy minister, and feature heavyweights such as former Prime Minister Shinzo Abe and current Finance Minister Taro Aso as senior advisers. 

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