China, South Korea to deepen talks, cooperation on chip industry: Beijing minister

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China, South Korea to deepen talks, cooperation on chip industry: Beijing minister
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The two sides exchanged views on maintaining the stability of the industrial supply chain. Read more at straitstimes.com.

BEIJING – China and South Korea have agreed to strengthen dialogue and cooperation on semiconductor industry supply chains amid broader global concerns over chip supplies, sanctions and national security, China’s commerce minister said.

They exchanged views on maintaining the stability of the industrial supply chain and strengthening cooperation in bilateral, regional and multilateral fields, according to a statement from the Chinese Ministry of Commerce on Saturday. However, a South Korean statement on the same meeting did not mention chips, instead saying the country’s trade minister had asked China to stabilise the supply of key raw materials, and asked for a predictable business environment for South Korean companies in China.

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