G7 pledges to tackle anti-competitive practices in chip industry
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FILE PHOTO: Semiconductor chips are seen on a printed circuit board in this illustration picture taken February 17, 2023. REUTERS/Florence Lo/Illustration/File Photo
ROME (Reuters) - Industry ministers from the Group of Seven advanced democracies agreed on Thursday that non-market practices in the semiconductor industry are an urgent issue to be addressed jointly, the Italian presidency said.
At the G7 summit in June, leaders had vowed to take action to address what they said were unfair business practices by China.
(Reporting by Giuseppe Fonte; Writing by Keith Weir, editing by Gavin Jones)
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