Taiwan Says It Has Not Been Informed of 'Chip 4' Meeting

Taiwan said on Friday it has not been informed about a so-called 'Chip 4' meeting that would include it, the United States, South Korea and Japan but added the island has always cooperated closely with the United States on supply chains. From a report: South Korean Foreign Minister Park Jin this week said Seoul expects to attend a preliminary meeting of the four chip manufacturing nations, describing the gathering as U.S.-led. He did not elaborate on what would be discussed. A meeting would come amid a global chip crunch that began two years ago with the onset of the pandemic and on the heels of a new U.S. law this month called the CHIPS Act that includes $52 billion in subsidies for companies that make chips or conduct chip research in the United States. The Biden administration has also sought deeper cooperation with Japan and South Korea to become more competitive with China's science and technology efforts.

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