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Launch of a Korea-US partnership dialogue in semiconductors

SEOUL, 09 Dec. (Yonhap) – South Korea and the United States on Thursday launched a new bilateral dialogue platform to discuss ways to strengthen cooperation in the semiconductor industry, the Commerce Ministry said. Industry and Energy.

The first virtual meeting of the Semiconductor Partnership Dialogue brought together senior government, business and organization officials from both countries.

Last month, Industry Minister Moon Sung-wook and US Secretary of Commerce Gina Raimondo agreed to launch a new channel to discuss semiconductor issues amid disruption in the global supply chain. and intensified Sino-American rivalry.

During the video conference, the two sides assessed the situation regarding the memory chip supply chains of their respective countries and exchanged views on how to deepen ties for technology development and increase exchange of technology. personnel and investments in the sector, according to the ministry.

For various joint projects, the Korea Institute for Industrial Technology Assessment (KEIT) has signed a memorandum of understanding with the American Semiconductor Research Corp.

The two sides also agreed to thoroughly analyze the industrial sector together to detect in advance the factors that may affect the stable supply of memory chips and seek solutions to prevent any disruption in the supply. -he adds.

“South Korea and the United States have agreed to hold the dialogue every fall, first in South Korea next year. The meeting will be organized in turn, ”the ministry said in a statement.

“The meeting will be an opportunity to establish the ‘trusted value chain’ between the two sides, which will help strengthen the competitiveness of their semiconductor industry and supply chains,” he added.

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