Japan is set to tighten control over the export of semiconductor technology with new regulations aimed at preventing its use for military purposes. The changes, which will be made to the Foreign Exchange and Foreign Trade Act, will require companies to obtain permission from the Minister of Economy, Trade and Industry before exporting products and technologies related to semiconductors.
As per reports from the Japan Times, the new regulations are expected to be introduced by the current government, led by Prime Minister Fumio Kishida. A draft of the revised ministerial ordinance is said to be released soon, with the government soliciting opinions from industry players and other stakeholders.
The new measures are aimed at ensuring the safe use of semiconductor technology, a critical aspect of modern day electronics, in light of the increasing demand for military applications. The move is expected to be implemented in the spring, following a consultation period with relevant parties.
