Nations agree to strengthen talks on chip industry

Facilities in Shanghai for Semiconductor Manufacturing International Corporation, one of China’s two largest chip manufacturers, May 4, 2023. (Qilai Shen/The New York Times)

BEIJING: China and South Korea have agreed to strengthen dialogue and cooperation on semiconductor industry supply chains, amid broader global concerns over chip supplies, sanctions and national security, China’s commerce minister says.

Wang Wentao met with South Korean Trade Minister Ahn Duk-geun on the sidelines of the Asia-Pacific Economic Cooperation conference in Detroit, which ended last Friday.