South Korea and the United States have bolstered their partnership in semiconductor technology and supply chain stability. This collaboration was highlighted at the US-Korea Supply Chain and Commercial Dialogue Semiconductor Forum in Washington. This forum emerged from a bilateral agreement made last April to deepen ties in the semiconductor sector.
Key industry figures, including South Korea’s Industry Minister Ahn Duk-geun and U.S. Commerce Secretary Gina Raimondo, joined representatives from Samsung Electronics, SK hynix, Intel, and IBM to discuss ways to expand industry cooperation.
A notable outcome of the forum was the signing of a memorandum of understanding between the Korea Semiconductor Industry Association and the U.S. Semiconductor Industry Association. This agreement aims to make the forum a regular event and foster business partnerships in emerging fields like artificial intelligence.
“South Korea plans to expand investment in global research and development projects, and support bilateral technology cooperation through the Global Industrial Technology Cooperation Centers,” said Ahn Duk-geun. He also highlighted efforts to address the chip industry’s workforce shortage by promoting exchanges of experts with advanced degrees.
To further bolster ties, South Korea’s industry ministry has launched technology cooperation centers at Yale, Johns Hopkins, Purdue, and Georgia Tech. These Global Industrial Technology Cooperation Centres aim to boost collaboration in major industries.
The ministry plans to expand these centers to 12 by 2027, demonstrating a strong dedication to deepening technological and industrial cooperation. This initiative focuses on strengthening and enhancing the semiconductor supply chain amid global challenges.
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