Japan urges more chip tie-ups with Taiwan in trade talks

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Japan on Tuesday called for greater collaboration with Taiwan on semiconductors at a bilateral economic and trade meeting. Japan-Taiwan Exchange Association President Mitsuo Ohashi hailed Taiwan Semiconductor Manufacturing Co Ltd’s (TSMC) expansion plans in Japan, saying, “I hope these collaborations can continue to grow and have an impact. positive on the resilience of Taiwan and Japan’s supply chains. “

“Currently, even though the pandemic has blocked exchanges between Japan and Taiwan, economic and trade relations between Japan and Taiwan have continued to deepen,” Ohashi added via video.

Although Taiwan and China’s claimed Japan do not have formal diplomatic relations, they maintain close unofficial ties. Both share concerns about China, especially its increased military activities near the two. The Taiwan-Japan Economic and Trade Conference is usually held in Taiwan or Japan every year, but due to the pandemic, the two sides met virtually this week.

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TSMC announced last year that it would set up research and development in Japan, as well as a $7 billion chip factory with Sony Group.

TSMC, the world’s largest contract chipmaker, announced last year that it would set up a research and development unit in Japan, as well as a $7 billion chip factory with Sony Group. . Taiwan’s tech powerhouse is at the forefront of efforts to solve a chip shortage that has plagued automotive production lines and affected consumer electronics makers around the world.

Chiou I-jen, president of the Taiwan-Japan Relations Association, thanked Japan for supporting Taiwan’s bid in September to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). He said Taiwan hoped the two sides could start a “constructive dialogue” on Taiwan’s joining the trade pact as soon as possible. “Taiwan is critically important to the global supply chain, economy and trade,” Chiou said, speaking at a Japanese hotel in Taipei. “If (Taiwan) can join the CPTPP, it will greatly increase the importance and visibility of this pact in the global economy.”

Taiwan’s candidacy has angered China, which considers the island one of its provinces without the right to state attributes. Taiwan declares to be an independent country and is committed to defending its freedom and democracy.

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