Export Curbs: Japanese Firms and Feasibility Analysis

export curbs: The export curbs could hamper production at South Korea's chip giants Samsung Electronics Co. and SK Hynix Inc., as the two chemicals targeted are essential, analysts say, according to The Japan Times. Data firm IHS Markit said Wednesday the trade restrictions against South Korea would add to global trade tensions. Japan said Monday it would tighten regulations on exports of materials used in smartphone displays and chips to South Korea amid a widening dispute over compensation for South Koreans who were forced to work for Japanese firms during World War II. ; We are doing a preliminary feasibility analysis on the investment Cho Jeong-sik from the Democratic Party told reporters after meeting with officials from the presidential office and government ministries to discuss a response to Japan's decision. Asian exporters are already being strained by a prolonged slowdown in the global electronics sectors. Industry minister Hiroshige Seko said Tuesday that the decision to tighten controls was not in violation of World Trade Organization rules, rebuffing South Korea's earlier claims. A reduction or elimination in the availability of these materials will significantly impede the production of memory and other semiconductor chips, impacting major semiconductor manufacturers including Samsung Electronics and SK Hynix, Len Jelinek, executive director of semiconductor research at IHS Markit, said in a note. (news.financializer.com). As reported in the news.

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