The Korea Times
amn_close.png
amn_bl.png
National
  • Politics
  • Foreign Affairs
  • Multicultural Community
  • Defense
  • Environment & Animals
  • Law & Crime
  • Society
  • Health & Science
amn_bl.png
Business
  • Tech
  • Bio
  • Companies
  • World Expo 2030
amn_bl.png
Finance
  • Companies
  • Economy
  • Markets
  • Cryptocurrency
amn_bl.png
Opinion
  • Editorial
  • Columns
  • Thoughts of the Times
  • Cartoon
  • Today in History
  • Blogs
  • Tribune Service
  • Blondie & Garfield
  • Letter to the Editor
amn_bl.png
Lifestyle
  • Travel & Food
  • Trends
  • People & Events
  • Books
  • Around Town
  • Fortune Telling
amn_bl.png
Entertainment & Arts
  • K-pop
  • Films
  • Shows & Dramas
  • Music
  • Theater & Others
amn_bl.png
Sports
  • Hangzhou Asian Games
amn_bl.png
World
  • SCMP
  • Asia
amn_bl.png
Video
  • Korean Storytellers
  • POPKORN
  • Culture
  • People
  • News
amn_bl.png
Photos
  • Photo News
  • Darkroom
amn_NK.png amn_DR.png amn_LK.png amn_LE.png
  • bt_fb_on_2022.svgbt_fb_over_2022.svg
  • bt_X_on_2023.svgbt_X_over_2023.svg
  • bt_youtube_on_2022.svgbt_youtube_over_2022.svg
  • bt_instagram_on_2022.svgbt_instagram_over_2022.svg
The Korea Times
amn_close.png
amn_bl.png
National
  • Politics
  • Foreign Affairs
  • Multicultural Community
  • Defense
  • Environment & Animals
  • Law & Crime
  • Society
  • Health & Science
amn_bl.png
Business
  • Tech
  • Bio
  • Companies
  • World Expo 2030
amn_bl.png
Finance
  • Companies
  • Economy
  • Markets
  • Cryptocurrency
amn_bl.png
Opinion
  • Editorial
  • Columns
  • Thoughts of the Times
  • Cartoon
  • Today in History
  • Blogs
  • Tribune Service
  • Blondie & Garfield
  • Letter to the Editor
amn_bl.png
Lifestyle
  • Travel & Food
  • Trends
  • People & Events
  • Books
  • Around Town
  • Fortune Telling
amn_bl.png
Entertainment & Arts
  • K-pop
  • Films
  • Shows & Dramas
  • Music
  • Theater & Others
amn_bl.png
Sports
  • Hangzhou Asian Games
amn_bl.png
World
  • SCMP
  • Asia
amn_bl.png
Video
  • Korean Storytellers
  • POPKORN
  • Culture
  • People
  • News
amn_bl.png
Photos
  • Photo News
  • Darkroom
amn_NK.png amn_DR.png amn_LK.png amn_LE.png
  • bt_fb_on_2022.svgbt_fb_over_2022.svg
  • bt_X_on_2023.svgbt_X_over_2023.svg
  • bt_youtube_on_2022.svgbt_youtube_over_2022.svg
  • bt_instagram_on_2022.svgbt_instagram_over_2022.svg
  • Login
  • Register
  • Login
  • Register
  • The Korea Times
  • search
  • all menu
  • Login
  • Subscribe
  • Photos
  • Video
  • World
  • Sports
  • Opinion
  • Entertainment & Art
  • Lifestyle
  • Finance
  • Business
  • National
  • North Korea
  • 1

    Seoul Metro begins real-time translation service for foreign tourists at Myeong-dong Station

  • 3

    INTERVIEWMirinae Lee's '8 Lives of a Century-Old Trickster' offers fresh perspective on Korean history

  • 5

    N. Korean hacker group Andariel steals S. Korean defense secrets

  • 7

    Go Dae-su: Queen Min's giant female bodyguard

  • 9

    Loss of family, sisterhood, language and country

  • 11

    Seoul launches regular nighttime self-driving bus service

  • 13

    Popular talk show 'Strong Heart' returns with new format

  • 15

    Son Heung-min nets 9th goal of season, scores own goal in draw vs. Man City

  • 17

    Debate grows over broadening of state insurance coverage for drug rehabilitation

  • 19

    Camarata Music celebrates Christmas

  • 2

    Young K-pop couple Choi Min-hwan, Yulhee announce divorce

  • 4

    'Single's Inferno' is back with most interesting season, producer says

  • 6

    Korea on alert over another urea shortage crisis

  • 8

    Will Seoul's new transportation services improve convenience for commuters?

  • 10

    Park Sae-eun receives French order of merit

  • 12

    Samsung's sports marketing called into question after Bluewings' relegation

  • 14

    President names new finance, land ministers in Cabinet shake-up

  • 16

    Annus horribilis for hedge funds

  • 18

    ANALYSISWhy is N. Korea not allowed to launch spy satellites?

  • 20

    S. Korea successfully conducts third test flight of solid-fuel space rocket

Close scrollclosebutton

Close for 24 hours

Open
  • The Korea Times
  • search
  • all menu
  • Login
  • Subscribe
  • Photos
  • Video
  • World
  • Sports
  • Opinion
  • Entertainment & Art
  • Lifestyle
  • Finance
  • Business
  • National
  • North Korea
Business
  • Tech
  • Bio
  • Companies
  • World Expo 2030
Wed, December 6, 2023 | 09:20
Tech
'Tokyo's export curb to backfire on Japanese firms'
Posted : 2019-07-02 17:18
Updated : 2019-07-02 19:04
Jun Ji-hye
Print PreviewPrint Preview
Font Size UpFont Size Up
Font Size DownFont Size Down
  • facebook
  • twitter
  • kakaolink
  • whatsapp
  • reddit
  • mailto
  • link
Japan, which has been in conflict with Korea over Korean victims forced to work in Japanese factories during World War II, decided to impose restrictions on exports to Korean companies of high-tech materials and chemicals used in semiconductor and smartphone production. / GettyImagesBank
Japan, which has been in conflict with Korea over Korean victims forced to work in Japanese factories during World War II, decided to impose restrictions on exports to Korean companies of high-tech materials and chemicals used in semiconductor and smartphone production. / GettyImagesBank

By Jun Ji-hye

Tokyo's decision to tighten the rules for exports of materials needed for semiconductor and display manufacture to Korean companies is causing concern among Japanese firms, which ship such items to Samsung, LG and other Korean IT firms, industry analysts said Tuesday.

The Japanese government has imposed restrictions apparently to retaliate economically amid a deepening diplomatic row between the two nations. But the sanctions will also adversely affect the profitability of Japanese companies as they will face difficulties in finding other buyers if their exports to Samsung Electronics and SK hynix are blocked.

Samsung Electronics is the world's top memory chipmaker and the second-largest semiconductor company, while SK hynix is the world's second-largest memory chipmaker and third-largest semiconductor company.

Given that the two account for 50 percent to 70 percent in the global semiconductor market, the aftermath of Japan's sanctions could also spread globally, affecting Apple, HP and other global companies.

Analysts say it will not be easy for Japan to place a total ban on the exports of high-tech materials and chemicals to Korea.

Korea says Japan violates WTO rules
Korea says Japan violates WTO rules
2019-07-04 18:00  |  Politics
S. Korea warns of 'corresponding measures' against Japan's export curbs
S. Korea warns of 'corresponding measures' against Japan's export curbs
2019-07-04 13:32  |  Politics
'Japan's export curbs on South are likely to bring conservatives together for election'
'Japan's export curbs on South are likely to bring conservatives together for election'
2019-07-02 17:35  |  Politics
"The Japanese government is expected to just make the export process more complicated rather than prohibiting the exports," Eugene Investment and Securities analyst Lee Seong-woo said.

Hana Financial Investment analyst Kim Hyun-soo also said, "The Japanese government is likely to use measures on export control as a bargaining chip with Korea."

On Monday, Japan's Ministry of Economy, Trade and Industry announced new restrictions on the exports of three items ― fluorinated polyimide, photoresist and hydrogen fluoride (etching gas) ― to Korea, which will go into effect from July 4.

The announcement was made at a time when the two nations have been in conflict over Koreans forced to work in Japanese factories before and during World War II.

Fluorinated polyimide is used to make the flexible organic light-emitting diode displays for TVs and smartphones, while photoresists and etching gas are necessary in the semiconductor fabrication process.

Under the new rules, exporters have to apply for individual export licenses for each of the three items and their relevant technologies to Korean clients, as the relevant bulk licensing for the items will no longer be applicable.

The approval requirement would lengthen the export process.

In an interview with Japan's Yomiuri Shimbun published Tuesday, Prime Minister Shinzo Abe said his country's decision accords with rules of the World Trade Organization and is unrelated to free trade principles.

But he has already had bad press in his own country.

Japan's Nihon Keizai Shimbun said in an editorial published Tuesday that the latest trade policy will cause considerable side effects to Japanese companies.

The newspaper also raised concerns over long term disadvantages in the global market, saying if a global company like Samsung Electronics faces a setback in its semiconductor production, it will cause setbacks in producing all devices that use semiconductors, including smartphones and PCs.


Emailjjh@ktimes.com Article ListMore articles by this reporter
 
wooribank
LG group
Top 10 Stories
1Will Seoul's new transportation services improve convenience for commuters? Will Seoul's new transportation services improve convenience for commuters?
2[ANALYSIS] Why is N. Korea not allowed to launch spy satellites?ANALYSISWhy is N. Korea not allowed to launch spy satellites?
3How a regrettable tattoo led to a South African's musical journeyHow a regrettable tattoo led to a South African's musical journey
4[GOING ELECTRIC] The complex decision to buy an electric scooter in Korea GOING ELECTRICThe complex decision to buy an electric scooter in Korea
5[INTERVIEW] Female leadership not just diversity issue, but survival necessity INTERVIEWFemale leadership not just diversity issue, but survival necessity
6Samsung tightens employee discipline amid chip industry downturn Samsung tightens employee discipline amid chip industry downturn
7Korean gov't slammed for mishandling victims of sex trafficking Korean gov't slammed for mishandling victims of sex trafficking
8Hankook Tire mired in sibling feud again Hankook Tire mired in sibling feud again
9Leader of underground anti-Japan organization passes away Leader of underground anti-Japan organization passes away
10Gold price reaches record high; bitcoin surpasses $41,000 Gold price reaches record high; bitcoin surpasses $41,000
Top 5 Entertainment News
1Young K-pop couple Choi Min-hwan, Yulhee announce divorce Young K-pop couple Choi Min-hwan, Yulhee announce divorce
2'Single's Inferno' is back with most interesting season, producer says 'Single's Inferno' is back with most interesting season, producer says
3Reality show ‘Home Alone’ celebrates decade-long runReality show ‘Home Alone’ celebrates decade-long run
4Popular talk show 'Strong Heart' returns with new format Popular talk show 'Strong Heart' returns with new format
5How Lee Ung-no pioneered East-West fusion through brushstrokes How Lee Ung-no pioneered East-West fusion through brushstrokes
DARKROOM
  • It's beginning to look a lot like Christmas

    It's beginning to look a lot like Christmas

  • 2023 Thanksgiving parade in NYC

    2023 Thanksgiving parade in NYC

  • Appreciation of autumn colors

    Appreciation of autumn colors

  • Our children deserve better

    Our children deserve better

  • Israel-Gaza conflict erupts into war

    Israel-Gaza conflict erupts into war

  • Turkey-Syria earthquake

    Turkey-Syria earthquake

  • Nepal plane crash

    Nepal plane crash

  • Brazil capital uprising

    Brazil capital uprising

  • Happy New Year 2023

    Happy New Year 2023

  • World Cup 2022 Final - Argentina vs France

    World Cup 2022 Final - Argentina vs France

CEO & Publisher: Oh Young-jin
Digital News Email: webmaster@koreatimes.co.kr
Tel: 02-724-2114
Online newspaper registration No: 서울,아52844
Date of registration: 2020.02.05
Masthead: The Korea Times
Copyright © koreatimes.co.kr. All rights reserved.
  • About Us
  • Introduction
  • History
  • Contact Us
  • Products & Services
  • Subscribe
  • E-paper
  • RSS Service
  • Content Sales
  • Site Map
  • Policy
  • Code of Ethics
  • Ombudsman
  • Privacy Statement
  • Terms of Service
  • Copyright Policy
  • Family Site
  • Hankook Ilbo
  • Dongwha Group