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Free AccessJapan Synchs With US On Semiconductor Export Controls
The Japanese government has followed Washington’s lead and subjected 23 items, including advanced semiconductor manufacturing equipment, to export controls.
- Nikkei Asia reports: “The move will make it more difficult for companies to export to China… The U.S. has strictly limited exports to China in areas such as manufacturing equipment for advanced semiconductors... and Japan is following suit.”
- Reuters: "Japan, home to major chip equipment makers such as Nikon Corp and Tokyo Electron Ltd, did not specify China as the target of the restrictions, saying manufacturers would need to seek export permission for all regions."
- Japan's Minister for Economy, Trade and Industry Yasutoshi Nishimura said at a press conference: "We are fulfilling our responsibility as a technological nation to contribute to international peace and stability."
- The decision is a major win for the Biden Administration with Japan and the Netherlands, the two countries with the most advanced semiconductor tech, now signed up to US export controls designed to restrain China's development in AI, supercomputing, and advanced military tech like hypersonic missiles.
To read the full story
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Please enter your details below.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.