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Reuters

‘Quad’ countries to agree on secure microchip supply chains-media

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. U.S. 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.