The U.S.-Japan Semiconductor Arrangement is one of the most important trade accords concluded between the two countries and is regarded as both a positive and negative model of trade negotiations. Given that one facet of the positive view is that the arrangement attained the target for market share and successfully expanded access in Japan, we need to carefully examine why the agreement could achieve the target. This study argues that although the Semiconductor Arrangement provided serious incentives to encourage the Japanese government and electronics firms to promote market access for foreign semiconductors, this was not the absolute condition. The market expansion was achieved as a mixed result of the arrangement with evolved corporate preferences and the Japanese government's guidance.

Asian Perspective presents critical analysis of the global, regional, and transnational issues affecting Northeast Asia. The journal brings cogent, thought-provoking examination of the significant developments in Asia and the world and promotes a healthy exchange of ideas among scholars, students, and policymakers.  

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