S. Korea, U.S. to establish senior-level dialogue channel for semiconductor cooperation
SEOUL, Oct. 26 (Yonhap) -- South Korea and the United States have decided to set up a new director-level dialogue channel for regular discussions on semiconductor issues, Seoul's industry ministry said Tuesday.
The agreement was reached during a video conference on Monday between Choi Woo-Seok, director general for materials and components industries at Seoul's industry ministry and Monica Gorman, U.S. deputy assistant commerce secretary for manufacturing, according to the Ministry of Trade, Industry and Energy.
"Given the importance of cooperation in the semiconductor field, the two nations agreed to establish a director-level dialogue channel on semiconductor for regular discussions for cooperation," the ministry said in a release.
"They also agreed to expand the current director-level Korea-U.S. industry cooperation dialogue in order to discuss broader issues, including chips," it said, noting that the moves are to better implement measures for deeper cooperation, in such sectors as chips and batteries, that their leaders agreed upon during a summit in May.
Choi also relayed South Korean chipmakers' concerns about the request by the U.S. Department of Commerce that global chipmakers, including Samsung Electronics Co., share information on inventories, demand and other details by Nov. 8 to "help improve trust and transparency within the supply chain."
The U.S. request spawned concerns about the leak of chipmakers' major trade secrets.
"We've fully explained to the U.S. side about the concerns, and the two sides agreed to continue close consultations down the road," the ministry said.
graceoh@yna.co.kr
(END)
-
Thailand seeks extradition of S. Korean suspect in Pattaya murder
-
Paik Kun-woo's 1st Mozart album: a return to musical roots
-
N. Korea's Kim, daughter attend ceremony for new street in Pyongyang
-
(2nd LD) N. Korea says it test-fired tactical ballistic missile with new guidance technology
-
(Yonhap Feature) S. Korean women scramble for 'safe breakup' after series of femicides by ex-boyfriends
-
Paik Kun-woo's 1st Mozart album: a return to musical roots
-
Yoon's office vows to firmly respond to unfair treatment of S. Korean companies amid Japan's pressure on Naver
-
N.K leader visits newly built ruling party training school
-
S. Korea, Malaysia discuss arms industry cooperation in Kuala Lumpur
-
N. Korea's Kim, daughter attend ceremony for new street in Pyongyang
-
(Yonhap Feature) S. Korean women scramble for 'safe breakup' after series of femicides by ex-boyfriends
-
NewJeans members submit petitions over court injunction in Hybe-ADOR conflict
-
U.S. military commander in S. Korea during Gwangju uprising dies
-
Putin briefed on tourist exchanges with N. Korea, prep for visit under way: Kremlin
-
Yoon credits closer S. Korea-U.S. ties with helping Buddhist relics return home