In a strategic step for its comeback in the semiconductor industry, Japan seeks collaboration with Taiwan. This joint venture points to the most important achievement of Japan on the way to improving its expertise in chip manufacturing and on overcoming difficulties across the world semiconductor market.
Taiwan, with some of the world’s most respected semiconductor firms, has both technology and skills that are necessary for chip production. By the joint work with Taiwanese firms Japan can benefit from this knowledge stock and simply drive trends of innovation and semiconductor cutting-edge technologies development.
Japan is seeking Taiwan”s cooperation as the global chip shortage situation is very urgent and they need to ensure the stability of the supply chain. As chip demand keeps growing in the automotive industry, among electronics manufacturers, the ability to provide a resilient and efficient supply chain has become more critical.
The alliance is in line with the megatrends of geopolitics and economy in the Asia-Pacific theatre. Japan and Taiwan have had similar perspective on the important of semiconductor industry; both for domestic economic growth and for maintaining global competitiveness.
Through the support and mentoring from Taiwan, the partnership is expected to further create a conducive environment for information sharing, research and development projects, and a platform for jointly tackling the existing semiconductor industry problems. Combining Taiwan’s strengths, Japan seeks to re-establish itself as an important competitor in the world market of chip manufacturing.
This collaboration once again emphasizes the co-existence of nations in the semiconductor industry, as they understand the value of mutual efforts to manage supply chain disruptions as well as the technology complexity.
