South Korea’s deputy trade minister Yang Byeong-mo met with John Neuffer, the president of the Semiconductor Industry Association, an American trade association and lobbying group, to discuss enhancing bilateral semiconductor trade and cooperation. The discussions revolved around the implementation of the U.S. CHIPS Act and strategies for strengthening supply chain links between the two countries.

The dialogue further emphasized the commitment to deepening public-private collaboration within the semiconductor sector in anticipation of market growth, particularly in artificial intelligence chips. Both parties proposed to intensify these collaborations to bolster global competitiveness and effectively address the uncertainties in the trade environment.