BR100 Increased By (1.77%)
BR30 Increased By (1.96%)
KSE100 Increased By (1.59%)
KSE30 Increased By (1.65%)
BECO 5.62 Increased By ▲ 0.04 (0.72%)
BML 59.50 Decreased By ▼ -1.72 (-2.81%)
BOP 34.55 Increased By ▲ 0.87 (2.58%)
CNERGY 8.10 Increased By ▲ 0.02 (0.25%)
DCL 12.06 Increased By ▲ 0.42 (3.61%)
FCCL 54.40 Increased By ▲ 2.26 (4.33%)
FCSC 5.50 Decreased By ▼ -0.13 (-2.31%)
FFL 18.03 Increased By ▲ 0.02 (0.11%)
FNEL 1.33 Decreased By ▼ -0.02 (-1.48%)
HUMNL 11.02 Decreased By ▼ -0.02 (-0.18%)
KEL 8.05 Increased By ▲ 0.21 (2.68%)
KOSM 5.93 Increased By ▲ 0.20 (3.49%)
MLCF 90.70 Increased By ▲ 4.19 (4.84%)
NBP 191.00 Increased By ▲ 6.70 (3.64%)
PACE 11.50 Decreased By ▼ -0.15 (-1.29%)
PAEL 41.26 Increased By ▲ 1.30 (3.25%)
PIAHCLA 25.75 Increased By ▲ 0.08 (0.31%)
PIBTL 17.52 Increased By ▲ 0.25 (1.45%)
PPL 226.70 Increased By ▲ 4.03 (1.81%)
PRL 34.70 Increased By ▲ 0.24 (0.7%)
PTC 64.60 Increased By ▲ 0.86 (1.35%)
SEARL 91.50 Increased By ▲ 1.04 (1.15%)
SSGC 26.98 Increased By ▲ 0.31 (1.16%)
TELE 8.93 Increased By ▲ 0.02 (0.22%)
THCCL 69.10 Increased By ▲ 0.63 (0.92%)
TPLP 10.85 Decreased By ▼ -0.35 (-3.13%)
TREET 24.64 Decreased By ▼ -0.06 (-0.24%)
TRG 69.40 Decreased By ▼ -1.19 (-1.69%)
WAVES 11.24 Increased By ▲ 0.13 (1.17%)
WTL 1.29 Increased By ▲ 0.02 (1.57%)
Business & Finance

'Quad' countries to agree on secure microchip supply chains

  • US President Joe Biden will host a first in-person summit of leaders of the "Quad" countries
Published September 18, 2021 Updated September 18, 2021 08:35pm
By

TOKYO: Leaders of the United States, Japan, India and Australia will agree to take steps to build secure semiconductor supply chains when they meet in Washington next week, the Nikkei business daily said on Saturday, citing a draft of the joint statement.

US President Joe Biden will host a first in-person summit of leaders of the "Quad" countries, which have sought to boost co-operation to push back against China's growing assertiveness.

The draft says that in order to create robust supply chains, the four countries will ascertain their semiconductor supply capacities and identify vulnerability, the Nikkei said, without unveiling how it had obtained the document.

VW's Skoda to halt Czech plants for a week due to chip shortage

The statement also says the use of advanced technologies should be based on the rule of respecting human rights, the newspaper said on its web site.

The draft does not name China, but the move is aimed at preventing China's way of utilising technologies for maintaining an authoritarian regime from spreading to the rest of the world, the Nikkei said.

The United States and China are at odds over issues across the board, including trade and technology, while Biden said in April his country and Japan, a US ally, will invest together in areas such as 5G and semiconductor supply chains.

No officials were immediately available for comment at the Japanese foreign ministry.

Comments

Comments are closed for this article.

Zarzan khan Sep 19, 2021 10:11am
The statement also says the use of advanced technologies should be based on the rule of respecting human rights, the newspaper said on its web site. First place it should be applied to is ' Indian occupied kashmir, IOK'.
0
Zarzan khan Sep 19, 2021 10:12am
Quad, 3 sahibs and 1 chaiwallah to serve tea.
0