China announced restrictions on gallium and another mineral, germanium, in a move seen as part of the country’s tit-for-tat trade war on technology with the U.S. and Europe.
The agreement by the two countries to work more closely was reached during a bilateral economic cooperation committee meeting held in Seoul, South Korea.
The new agreement averted a strike that would have begun if Yellow had remained delinquent on payments to a fund that provides benefits for most of the company's workers.
The partnership will begin with a review of Panama’s current semiconductor manufacturing capabilities, regulatory framework, and workforce and infrastructure needs.