Samsung seeks alternatives to Japanese suppliers amid trade row
South Korean tech giant Samsung Electronics Co., the world's biggest smartphone and memory chipmaker, is seeking alternatives to Japanese suppliers for some key materials, it said Wednesday as Seoul and Tokyo remain embroiled in a bitter trade dispute. The row has seen the Japanese government ...
Pompeo calls for 'standstill agreement' to give feuding Japan and South Korea time to cool off
A trade dispute between South Korea and Japan is threatening to spiral out of control, and both governments want the White House on their side. Now it seems their private messaging has helped spark a reaction from the United States. U.S. Secretary of State Mike Pompeo ...
Shares fall as Samsung reveals profit plunge and warns outlook unclear due to Japan export curbs
Samsung Electronics Co. warned Wednesday that Japanese controls on the export of chip-making materials was blurring its outlook and said it would delay a plan to return money to shareholders due to “significant new challenges.” The South Korean tech giant also posted a 56 percent ...
Concerned citizens slam Tokyo over downward spiral in ties with South Korea
As ties between Japan and South Korea spiral downward, a group of 75 mostly Japanese citizens worried about the situation criticized the government Friday for being “hostile and counterproductive” and treating South Korea “almost like an enemy.” The online petition, which calls for taking a ...
Japan to remove South Korea from preferential treatment list, with decision due Aug. 2
South Korea would be the first country to lose its position on Japan’s so-called white list for products that can be diverted for military use.
As Japan and South Korea clash at WTO over trade, rest of world reluctant to get involved
Dropping South Korea from Japan’s white list will probably affect ¥630 billion ($5.8 billion) in annual exports of microchip-making equipment, lawmaker Norihiro Nakayama said Wednesday.
Toshiba Memory to postpone IPO to next year due to low chip demand amid trade disputes
Toshiba Memory Holdings Corp. is set to postpone its initial public offering to early next year, dropping its original target of the end of this year, due to poor earnings amid sagging demand for semiconductors, sources said Thursday. The world's second-largest producer of flash memory ...
Japan stands firm on export curbs as South Korea denies passing chemical to North
Tokyo and Seoul ratcheted up tensions Tuesday in their diplomatic dispute that threatens to disrupt the global supply of smartphones and chips.
South Korean leader urges Japan to withdraw export curbs as survey shows most Japanese back them
The move has intensified animosity between the two countries.
Samsung Electronics flags 56% fall in second-quarter operating profit
Samsung Electronics said Friday it expects operating profit to tumble 56 percent for the second quarter of this year in the face of a weakening chip market. The world's largest maker of smartphones and memory chips has enjoyed record profits in recent years despite a ...
Frustrated with South Korea, Japan greenlights curbs on smartphone and semiconductor supplies
South Korea’s economic policy chief said he would not rule out countermeasures against Japan if Tokyo maintains restrictions on the exports for an extended period.
South Korea eyes investing ¥91.8 billion annually in chip supply chain after Japanese export curbs
South Korea will seek to invest 1 trillion won (¥91.8 billion) annually in developing homegrown materials and equipment used to produce microchips, a senior ruling party lawmaker said Wednesday, after Japan tightened curbs on exports of some high-tech materials to the country. Japan said Monday ...
