Big three's cooperation vital to East Asia

Editor's note: Closer cooperation among China, Japan and the Republic of Korea in fields ranging from semiconductors to renewable energy and digital technology is central to the stability and prosperity of East Asia. Three experts share their insights with China Daily on how the region can navigate global uncertainties and build a more resilient future together.

US President Donald Trump has resorted to unilateralism, protectionism and technology-centric trade restrictions in his second term, just like he did during his first term, triggering the restructuring of the global supply chains. In such circumstances, strategic cooperation and the development of a symbiotic model among the Republic of Korea, China and Japan have become increasingly important to maintain regional stability and technological competitiveness.

In the semiconductor industry, the three countries are in highly complementary positions. Japan boasts global leadership in semiconductor materials, components and production equipment, while ROK dominates the advanced memory chip market, accounting for 70 percent of global production and 90 percent of the high-bandwidth memory market, and China possesses critical raw materials, such as rare earths and a vast domestic consumer market.