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Japan-Korea economy, collapsing division of labor

2019-09-25T23:19:37.091Z


The conflict between the governments of Japan and South Korea has become a bog, affecting the division of labor between the two countries with a focus on manufacturing. Some Korean companies are struggling to cope with the disruption of the supply chain. Japan and South Korea held in Seoul on 24th and 25th ...


The conflict between the governments of Japan and South Korea has become a bog, affecting the division of labor between the two countries with a focus on manufacturing. Some Korean companies are struggling to cope with the disruption of the supply chain. At the Japan-Korea Business Council held in Seoul on the 24th and 25th, there were a number of voices from businessmen in both countries concerned about the deterioration of Japan-Korea relations.

“We can't import materials from Japan and we can't put them into mass production. A representative of a small and medium-sized company that develops a material that makes PC monitors high-quality images in a city in the south of South Korea said that.

Two kinds of raw materials necessary for the development of raw materials were imported from Japan. Among them, amine compounds are required to have high purity. Although it can only be produced by Japanese companies, South Korea's importers ceased imports after Japan tightened export restrictions on three semiconductor-related items in July. “Large Korean companies have started to secure inventory and can't beat it,” he said.

Mass-produce materials and export to China ...

Source: asahi

All news articles on 2019-09-25

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