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Ministry of Trade Industry and Energy of Repu : Minister of Trade, Industry and Energy Organizes Korea-US Business Roundtable During President Moon Jae-in's US Visit

During President Moon Jae-in s visit to the United States , Minister of Trade, Industry and Energy Moon Sung-wook took steps to reinforce economic cooperation between the two countries,. ....

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US Seeks Sharing of Chip Supply Information to Ease Crunch

US Seeks Sharing of Chip Supply Information to Ease Crunch
Commerce Secretary Gina Raimondo. (Oliver Contreras/The Washington Post/Bloomberg News)
Commerce Secretary Gina Raimondo said the Biden administration is exploring how to help semiconductor producers and buyers share supply chain information to alleviate the global chip supply crisis, and urged Congress to swiftly pass legislation to fund domestic production.
“There’s a lack of transparency right now in the supply chain,” Raimondo said in a call with reporters May 20 after a day of meetings with companies. “We are trying to figure out what role the government can and should play in increasing that information sharing and forecasting so we can alleviate the short-term crunch.” ....

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U.S. seeks sharing of chip supply information to ease crunch

WASHINGTON U.S. Commerce Secretary Gina Raimondo said the Biden administration is exploring how to help semiconductor producers and buyers share supply chain information to alleviate the global chip supply crisis, and urged Congress to swiftly pass legislation to fund domestic production.

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US seeks IC supply information sharing

US seeks IC supply information sharing
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US-China row pressing Korean firms on investment

Posted : 2021-05-17 16:53
Updated : 2021-05-17 17:30
SK Group Chairman Chey Tae-won, right, also chairman of the Korea Chamber of Commerce and Industry (KCCI), speaks with Minister of Trade, Industry and Energy Moon Sung-wook, during Moon s visit to the KCCI in Seoul, May 12. Yonhap
By Yi Whan-woo
The Biden America is committed to forming distinctively anti-China supply chains jointly with allies to protect key industries that it sees as critical for national security.
This means Samsung, Hyundai, LG and SK have to be diplomatically sensitive to prevent China from assuming they are a part of the anti-China alliance, according to analysts, Monday. ....

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