Chip 4 Alliance

Chip 4 Alliance

News: The “Chip 4” semiconductor alliance recently held its first meeting of senior officials.

About:
 The “Chip 4” or “Fab 4” alliance includes four of the world’s top producers of semiconductors - The U.S.A, Japan, Taiwan, and Korea. It represents more than 70 percent of the value of the global semiconductor industry.
 It was first proposed by the US in March 2022 as part of wider plans aimed at enhancing the 'security' and 'resilience' of semiconductor supply chains, including by reducing the world's reliance on chips made in China.
 It is intended to cooperate on policy implementation that would support sustainable semiconductor manufacturing in the member states’ home countries.