Tokyo Electron (8035.T), Japan's leading chip manufacturing equipment maker, relies on China for about a quarter of its revenue. The hesitation is understandable - Japan is a top producer of the specialized tooling equipment needed to manufacture advanced chips and its companies hold 27% of global market share, according to the Semiconductor Industry Association. Speaking in Washington last week, Japan's minister of Economy, Trade and Industry, Yasutoshi Nishimura, promised to work more closely with Washington on export controls, although he did not say whether Tokyo would match sweeping U.S. export controls, Kishida's government has been vague about the extent to which it will join in. President Joe Biden's to-do list when he meets with Japanese Prime Minister Fumio Kishida in Washington on Friday.Īmerican officials, touting an ever-closer strategic alignment with Japan, are praising Tokyo's plan for the biggest Japanese military buildup since World War Two as rivalry with China in the region grows.īut while Japan is broadly in-line with the goals of the Biden administration's expanded U.S.

chipmaking technology and cuts China off from certain semiconductor chips made anywhere in the world, will be high on U.S. effort, which limits Chinese access to U.S. allies to impose their own matching restrictions. WASHINGTON, Jan 12 (Reuters) - When the Biden administration unveiled aggressive export controls in October aimed at blocking China from becoming a global leader in advanced semiconductors it was missing a key ingredient: agreement from U.S.

Goldilocks economy roadblocks