Washington, Tokyo agree on semiconductor pact; pact relies on private sector to increase U.S. share of Japanese chip market
Article Abstract:
The US and Japan agree on a new five-year semiconductor trade arrangement. Japan will strengthen its efforts to increase US semiconductor sales in the Japanese market by 20 percent or more in 1992 by establishing 'nondiscriminatory' purchasing rules and providing US suppliers with timely market information. The US, for its part, will dismantle an elaborate system by which it has tried to monitor activities of Japanese semiconductor manufacturers, relying instead on importers to collect information, which will be submitted to the Commerce Department. The 20 percent market share that the US had wanted in Japan is now viewed as a 'target' figure and is not guaranteed. Some critics are dissatisfied, saying the US is too soft on these matters. House Majority Leader Richard Gephardt, for example, says that the new agreement lacks 'specific commitments' by Japan.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1991
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Progress reported in supplying chips to Japanese firms
Article Abstract:
William J. Corrigan, who heads the US Semiconductor Industry Association (SIA), says his organization is making progress in negotiations aimed at providing American companies with a slice of Japan's emerging high-definition television (HDTV) market. Corrigan says that Japanese companies have shared 'detailed block designs and technical applications.' Japan and the US signed a trade agreement in 1986 that was supposed to help increase US market share in Japan, but Americans have complained that the Japanese have done little to implement the agreement. Corrigan is now 'cautiously optimistic' about increasing US semiconductor sales in Japan, saying that in the last 12 months there has been a concerted effort by Japanese companies to buy US products.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1989
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Foreign share of Japanese chip market is far below goal of bilateral accord
Article Abstract:
The semiconductor trade agreement signed by the US and Japan on Tuesday, Jun 11, 1991, specifies the expectation that the foreign share of the Japanese market will reach 20 percent by the end of 1992. But foreign share has been flat, hovering at around 13 percent by the US method of measure, since the 4th qtr of 1989. Japan's Ministry of International Trade and Industry (MITI) uses a different method of measure, which the US rejects, and by MITI's count, foreign share is above 19 percent and is rising. According to Roger Mathus, representing the US Semiconductor Industry Association, Japanese companies seem more willing to design foreign chips into their products, but it will take time to translate those attitudes into increased sales volumes.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1991
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