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U.S.Proposed

U.S.-Proposed Chip 4 Alliance Faces Opposition from Partners

A little over a year ago, the U.S. government proposed forming the so-called Chip 4 alliance comprising the USA, Japan, South Korea, and Taiwan to secure the global semiconductor supply chain, coordinate policies, subsidies, and joint research and development (R&D) projects. But even a year after the initiative was announced, the countries could not agree on a preliminary meeting agenda. Financial Times (opens in new tab) reports that potential partners have way too many concerns on the matter.Japan, South Korea, and…