• Cryptocurrency
  • Earnings
  • Enterprise
  • About TechBooky
  • Submit Article
  • Advertise Here
  • Contact Us
TechBooky
  • African
  • AI
  • Metaverse
  • Gadgets
Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
  • African
  • AI
  • Metaverse
  • Gadgets
Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
TechBooky
Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
Home General Government

The Dispute Between Japan And South Korea Might Affect Global Supplies Of Memory Chips

Uloma Mary Omolaiye by Uloma Mary Omolaiye
July 12, 2019
in Government
Share on FacebookShare on Twitter
                                                                               Image source: Nikkei

 

An existing trade dispute between Japan and South Korea will affect the global supplies of memory chip, CNN reported.

The decision to restrict exports to South Korea taken by Japan is a huge blow to South Korea’s economy and by extension, this would deter global supplies of memory chips. The country’s president, Moon Jae-in on Wednesday expressed displeasure stressing on the economic effect the restriction would cause.

Japan announced the restriction earlier this month. Materials like the fluorinated polyamides, photoresists, and hydrogen fluoride would require a license from the government before they can be exported. Meanwhile, these materials are used to produce smartphones and memory chips.

The restrictions are a let down for tech companies like SK Hynix and Samsung. According to the most recent survey from the Korea International Trade Association, both companies control over 63% global memory chip production in the market. The data further reveals that South Korean firms sourced a large chunk of these materials from Japan- 94% of fluorinated polyamides, 92% of photoresists and 44% of hydrogen fluoride were sourced in the first quarter of the year.

Samsung is currently the biggest seller of smartphones globally. The export controls would have a major impact on production. In retrospect, the company told CNN that the company was considering a couple of measures to minimise the impact of the controls on the production of mobile phones.

The tension between both countries can be traced as far back as the early 20th century. South Korea’s top court recently issued a verdict that its citizens have the license to sue Japanese companies for a crime they committed during the second World War. Japanese companies were accused of using forced Korean labour. This court ruling undoubtedly will lead to a turn of events for both parties. The ruling could be perceived as an indication that South Korea is rejecting friendly ties between both counties thereby disrupting the long-standing “relationship of trust” that has lingered over the years.

Japan’s Chief Cabinet Secretary, Yoshihide Suga referred to this in a press conference, following the announcements on the restrictions. He didn’t mention the export controls as a retaliatory move.

The South Korean Ministry for Trade, Industry and Energy accused japan of violating World Trade Organisation regulations. However, Japan’s deputy cabinet secretary kicked back in defence saying that the export controls were only security measures “necessary for the proper operation of the export control system for security.”

Tensions are still high for both warring factions. While they are planning to have bilateral talks to reach a compromise, Japan insists that withdrawing the measures are not under consideration.

Related Posts:

  • US-China-Tech-War-Chips-Semiconductors-e1599189699542
    Samsung Wants 'Common Denominator' In US-China Chip War
  • essential-phone-hero
    Samsung Reports Strong Q3 Earnings Amid Signs of…
  • IMAGE-1-1200×630
    South Korea Assent To Support Kenya Debut A Smart…
  • Samsung-Foundary
    Samsung Records Profit As AI Booms In Memory-Chip Market
  • China US Chipre
    Europe Joins The US In Its Chip War With China
  • GettyImages-1254096989
    ChatGPT iOS App Is Available In Nigeria And Records…
  • AR gear
    SMIC Reports Q2 Revenue Decline Amidst Ongoing Challenges
  • huawei norway
    South Africa’s Stand Against US Pressure on Huawei…

Discover more from TechBooky

Subscribe to get the latest posts sent to your email.

Tags: asiachipmakergovernmentjapanmemory chipsouth korea
Uloma Mary Omolaiye

Uloma Mary Omolaiye

BROWSE BY CATEGORIES

Select Category

    Receive top tech news directly in your inbox

    subscription from
    Loading

    Freshly Squeezed

    • Truecaller Filters Verified Business Messages May 12, 2025
    • ChatGPT Deep Research Now Links to GitHub Repos May 12, 2025
    • Microsoft Offers Guide to Fix Windows Blue Screen Errors May 12, 2025
    • We’ve Invested $10b in Nigeria so Far – MTN May 12, 2025
    • Tech Hype vs. Reality – When Big Tech Missed the Mark Pt. 3 May 11, 2025
    • Google’s Antitrust Showdown, AI vs. Search, and other Headlines May 11, 2025

    Browse Archives

    May 2025
    MTWTFSS
     1234
    567891011
    12131415161718
    19202122232425
    262728293031 
    « Apr    

    Popular Tags

    africa (135) AI (498) android (367) app (717) Apple (577) artificial intelligence (419) business (482) china (132) cryptocurrency (210) ecommerce (122) enterprise (287) facebook (507) fintech (244) funding (121) gadget (558) gaming (201) google (710) government (469) instagram (173) internet (467) ios (291) iphone (246) meta (116) microsoft (369) mobile (352) new feature (384) nigeria (440) privacy (158) research (140) samsung (185) security (421) smartphone (277) social media (836) software (509) startup (419) streaming (174) telecom (242) tips (372) twitter (289) united states (216) users (158) videos (127) website (173) whatsapp (201) youtube (138)

    Quick Links

    • About TechBooky
    • Advertise Here
    • Contact us
    • Submit Article
    • Privacy Policy

    About Us

    TechBooky

    TechBooky is a social Tech blog with a special focus on the budding African Technology sector. TechBooky is currently based in Abuja, Nigeria.

    Recent News

    Truecaller Filters Verified Business Messages

    Truecaller Filters Verified Business Messages

    May 12, 2025
    ChatGPT Deep Research Now Links to GitHub Repos

    ChatGPT Deep Research Now Links to GitHub Repos

    May 12, 2025
    Microsoft Offers Guide to Fix Windows Blue Screen Errors

    Microsoft Offers Guide to Fix Windows Blue Screen Errors

    May 12, 2025
    The NCC Commissioned MTNN To Lease Spectrums From NTEL And Renew Its 3G Spectrum

    We’ve Invested $10b in Nigeria so Far – MTN

    May 12, 2025
    Tech Hype vs. Reality – When Big Tech Missed the Mark Pt. 1

    Tech Hype vs. Reality – When Big Tech Missed the Mark Pt. 3

    May 11, 2025
    Google’s Antitrust Showdown, AI vs. Search, and other Headlines

    Google’s Antitrust Showdown, AI vs. Search, and other Headlines

    May 11, 2025
    • Login

    © 2021 Design By Tech Booky Elite

    Generic selectors
    Exact matches only
    Search in title
    Search in content
    Post Type Selectors
    • African
    • Artificial Intelligence
    • Gadgets
    • Metaverse
    • Tips
    • About TechBooky
    • Advertise Here
    • Submit Article
    • Contact us

    © 2021 Design By Tech Booky Elite

    Discover more from TechBooky

    Subscribe now to keep reading and get access to the full archive.

    Continue reading

    We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.Ok