AGL 40.02 Decreased By ▼ -0.01 (-0.02%)
AIRLINK 127.99 Increased By ▲ 0.29 (0.23%)
BOP 6.66 Increased By ▲ 0.05 (0.76%)
CNERGY 4.44 Decreased By ▼ -0.16 (-3.48%)
DCL 8.75 Decreased By ▼ -0.04 (-0.46%)
DFML 41.24 Decreased By ▼ -0.34 (-0.82%)
DGKC 86.18 Increased By ▲ 0.39 (0.45%)
FCCL 32.40 Decreased By ▼ -0.09 (-0.28%)
FFBL 64.89 Increased By ▲ 0.86 (1.34%)
FFL 11.61 Increased By ▲ 1.06 (10.05%)
HUBC 112.51 Increased By ▲ 1.74 (1.57%)
HUMNL 14.75 Decreased By ▼ -0.32 (-2.12%)
KEL 5.08 Increased By ▲ 0.20 (4.1%)
KOSM 7.38 Decreased By ▼ -0.07 (-0.94%)
MLCF 40.44 Decreased By ▼ -0.08 (-0.2%)
NBP 61.00 Decreased By ▼ -0.05 (-0.08%)
OGDC 193.60 Decreased By ▼ -1.27 (-0.65%)
PAEL 26.88 Decreased By ▼ -0.63 (-2.29%)
PIBTL 7.31 Decreased By ▼ -0.50 (-6.4%)
PPL 152.25 Decreased By ▼ -0.28 (-0.18%)
PRL 26.20 Decreased By ▼ -0.38 (-1.43%)
PTC 16.11 Decreased By ▼ -0.15 (-0.92%)
SEARL 85.50 Increased By ▲ 1.36 (1.62%)
TELE 7.70 Decreased By ▼ -0.26 (-3.27%)
TOMCL 36.95 Increased By ▲ 0.35 (0.96%)
TPLP 8.77 Increased By ▲ 0.11 (1.27%)
TREET 16.80 Decreased By ▼ -0.86 (-4.87%)
TRG 62.20 Increased By ▲ 3.58 (6.11%)
UNITY 28.07 Increased By ▲ 1.21 (4.5%)
WTL 1.32 Decreased By ▼ -0.06 (-4.35%)
BR100 10,081 Increased By 80.6 (0.81%)
BR30 31,142 Increased By 139.8 (0.45%)
KSE100 94,764 Increased By 571.8 (0.61%)
KSE30 29,410 Increased By 209 (0.72%)
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

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.

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'.
thumb_up Recommended (0)
Zarzan khan Sep 19, 2021 10:12am
Quad, 3 sahibs and 1 chaiwallah to serve tea.
thumb_up Recommended (0)