export restriction Archives | Be Korea-savvy
One Year After ‘Boycott Japan’ Movement, Majority of Koreans Still Avoid Japanese Goods

One Year After ‘Boycott Japan’ Movement, Majority of Koreans Still Avoid Japanese Goods

SEOUL, Aug. 13 (Korea Bizwire) — More than a year after Japan imposed export restrictions against South Korea, igniting a boycott movement against Japanese goods, 3 out of 4 Korean consumers said they are still participating in the boycott movement. According to a survey conducted by the Korea Broadcast Advertising Corp. of 1,000 Koreans from [...]

Korean Companies Turn Japanese Export Restrictions into Opportunity

Korean Companies Turn Japanese Export Restrictions into Opportunity

SEOUL, March 26 (Korea Bizwire) – South Korean companies that embarked on domestic production of hydrogen fluoride after Japan’s export restriction last year have recorded satisfactory performance. It is seen as an exemplary case where companies, both large and small, and the government joined hands to turn the crisis into opportunity. Soulbrain Co., a South [...]

S. Korea’s Chip, Display Industries Intact from Japan’s Export Curbs

S. Korea’s Chip, Display Industries Intact from Japan’s Export Curbs

SEOUL, Nov. 24 (Korea Bizwire) — South Korea’s chip and display industries, the backbone of Asia’s No. 4 economy, have remained intact since Tokyo’s export curbs against the Asian neighbor, Seoul’s trade ministry said Sunday. The country’s top four tech giants — Samsung Electronics Co., Samsung Display Co., SK hynix Inc. and LG Display Co. [...]

S. Korean Manufacturers Succeed in Developing Materials Restricted by Japan

S. Korean Manufacturers Succeed in Developing Materials Restricted by Japan

SEOUL, Sept. 5 (Korea Bizwire) — South Korean companies are making progress with localizing production of materials essential for semiconductors and displays, which were previously imported from Japan before restrictions were imposed on them by the Japanese government. A local company recently succeeded in developing ultra-pure hydrogen fluoride, which was one of the materials that [...]

Tokyo Doesn’t Add to List of Strictly Regulated Exports to S. Korea

Tokyo Doesn’t Add to List of Strictly Regulated Exports to S. Korea

SEJONG, Aug. 7 (Korea Bizwire) — Japan did not unveil additional goods on Wednesday to be subject to tougher regulations when shipped to South Korea, but made it clear that it would implement export-related regulations “strictly,” Seoul’s trade ministry said. Seoul has been worrying that Tokyo may include more goods on the list of strictly [...]

Japan May Add to List of Strictly Regulated Goods Shipped to S. Korea

Japan May Add to List of Strictly Regulated Goods Shipped to S. Korea

SEOUL, Aug. 6 (Korea Bizwire) — Japan is expected this week to unveil goods that will be subject to stricter regulations when exported to South Korea in addition to three key materials crucial to the production of chips and display panels, government sources here said Tuesday. Last week, Tokyo removed South Korea from the so-called [...]

Japan’s Export Curbs to Weigh on S. Korean Tech Firms

Japan’s Export Curbs to Weigh on S. Korean Tech Firms

SEOUL, Jul. 2 (Korea Bizwire) — Japan’s move to restrict tech material exports is an elaborate scheme to pressure South Korea’s key industry amid a bilateral diplomatic row, but the ripples could spread to both sides if the measures are broadly applied and last for a long time, industry watchers said Tuesday. The Japanese government [...]

Japan’s Export Restriction Adds Uncertainty to S. Korean Tech Industry

Japan’s Export Restriction Adds Uncertainty to S. Korean Tech Industry

SEOUL, Jul. 1 (Korea Bizwire) — South Korean chip and display makers are expected to embrace yet more uncertainty from Japan’s restriction of exports of key materials for their production amid diplomatic rows between the two nations, market watchers said Monday. The Japanese government said earlier in the day that it will strengthen regulations on [...]