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Taiwan and Japan’s ruling parties agreed on Friday to have “all round cooperation” on semiconductors and to hold regular talks between each other, Taiwanese lawmakers said, after what are de facto discussions between the two governments.

A worker inspects semiconductor chips at the chip packaging firm Unisem Berhad plant in Ipoh, Malaysia [File image]

The talks, attended by two senior lawmakers each from Taiwan’s Democratic Progressive Party and Japan’s Liberal Democratic Party , took place online, and follow initial consultations in late August. “Both sides agreed that in the future there will be even more cooperation on chip supply chains, there will be a complete framework, a system, to have all round cooperation on semiconductors and other industries the two countries put importance on,” he said.

Taiwan Semiconductor Manufacturing Co Ltd said last month it would build a $7 billion chip plant in Japan with Sony Group. TSMC, a major Apple supplier, produces some of the world’s most advanced semiconductors.

 

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