Japan and EU to share chip subsidy info to disperse production

Three-way exchange with U.S. aims for better supply chain distribution

20230628N chip circuit board

Japan and Europe, along with the U.S., aim to ensure a secure and balanced supply of vital semiconductors. © Reuters

RIHO NAGAO, Nikkei staff writer

TOKYO -- Japan and the European Union will exchange information on subsidies and other support they give semiconductor companies, coordinating with each other and the U.S. to spread out resources effectively and avoid product gluts.

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