Taiwan, Japan eye 'all round cooperation' on chips

TSMC said last month it would build a US$7 billion chip plant in Japan with Sony. - Reuters

TAIPEI (Reuters): Taiwan and Japan's ruling parties agreed on Friday (Dec 24) to have "all round cooperation" on semiconductors and to hold regular talks, Taiwanese lawmakers said, after what are de facto discussions between the two governments.

Although Chinese-claimed Taiwan and Japan do not have formal diplomatic ties, they have close unofficial relations and both share concerns about China, especially its increased military activities near the two.