G-7 to Set Up Semiconductor Group to Coordinate Supply Chains
- Point-of-contact group aims to steer subsea cable connectivity
- Leaders have become focused on role of chips in global economy
A stacker sorts silicon wafers at Micron Technology's headquarters in Boise, Idaho, US.
Photographer: Kyle Green/BloombergThis article is for subscribers only.
Leaders from the Group of Seven are set to announce plans for a group that will help coordinate the supply chain for semiconductors that are critical to the global economy.
The point-of-contact group will also help steer subsea cable connectivity, ensuring security and resilience for the lines that connect countries to the Internet and each other, according to a draft statement seen by Bloomberg. G-7 leaders are meeting this week in southern Italy.