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South Korea-Japan trade fight moves to global dispute panel

11 Comments
By JAMEY KEATEN

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11 Comments
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Are they still at it?!

Didn't a certain "expert" told us, (categorically) that replacing Japan was a piece of cake?

That Russian, Chinese and even Surinamese companies would replace Japanese exports in a tick?

That all Korea has to do is mention the Insomnia thingy and Japan would beg for forgiveness?

Confused.com

11 ( +16 / -5 )

SK still whining and crying. Still too "proud" to just hand over the export information as required to be on Japan's White List and problem solved immediately. But no, SK just "has" to fight Japan on anything. What a country.

9 ( +15 / -6 )

Japan has the right to decide who gets her exports. Simple as that. There are rightful concerns from Japan that SK is assisting NK militarily with this super high tech material. If SK can undoubtedly prove this isnt the case, they can resume importing Japanese technology in future.

No doubt the WTO will be bribed to bully Japan as usual, so it would be wise to disregard their judgment.

14 ( +15 / -1 )

I hope this gets resolved with a positive outcome.

This export ban not only hurts Korean companies but also A LOT of Japanese companies as Samsung, LG, SK Hynix and other Korean tech titans were big buyers. In the end, it's the consumers who will have to pay more. Free trade is a good thing for the economy and consumers, folks.

Also, claiming that this is a national security because SK is assisting NK is a grey area to prove for both Japan and Korea. I think Japan will need to provide a more solid, provable reason otherwise it just looks like Korea and Japan are in their petty fights again.

-12 ( +3 / -15 )

@Peeping_Tom

replacing Japan was a piece of cake?

Indeed, replacing Japanese suppliers was a piece of cake for Korean firms.

Desperate Japanese suppliers are fleeing Japan and are moving factories to Korea in order to survive, as Samsung and SK Hynix told until the end of this year to leave Japan or stop doing business with them.

After all, the materials that Abe put on export control can be used in only two countries, Taiwan and Korea, no use in Japan because Japan's semiconductor industry is wiped out.

@Fighto!

No doubt the WTO will be bribed to bully Japan as usual, so it would be wise to disregard their judgment.

WTO judgement is enforceable in the form of retaliatory tariffs.

-11 ( +3 / -14 )

"Indeed, replacing Japanese suppliers was a piece of cake for Korean firms.

Desperate Japanese suppliers are fleeing Japan and are moving factories to Korea in order to survive, as Samsung and SK Hynix told until the end of this year to leave Japan or stop doing business with them."

No need to take the case to the WTO then, is there?

You most probably think people cannot read and understand this article.

11 ( +14 / -3 )

Good points Hillclimber.

3 ( +3 / -0 )

@Peeping_Tom

No need to take the case to the WTO then, is there?

There is. While Samsung and SK Hynix sit on a cash reserve of hundreds of billions of dollars and can afford to create replacement materials out of thin-air, other industries can't. The Korean government is trying to protect its less strong industries from Japan's next wave of export control.

@Hillclimber

It's not an export control.

WTO will decide that.

Name these "desperate" Japanese suppliers, when the "fleeing date" is, and the location of these "factories" are. I guarantee you can't.

http://www.businesskorea.co.kr/news/articleView.html?idxno=48459

Japan’s TOK Producing EUV Photoresist in Korea

https://news.infoseek.co.jp/article/toyokeizai_20200730_365754/

Toyokeizai has a much more detailed article on the wave of Japanese exodus to Korea to survive Abe's export control, but it's in Japanese.

-4 ( +2 / -6 )

This old chestnut again. [...]

True. The problem is, that SK is just loud, loud as it can be when it comes to anything against Japan. Examples are endless. And this then is, what most of the foreign press hears, often nicely packed in good English. Japan as the adult stays factual and silent in its explanations, which is not heard since it sounds boring. SK acts like a populist yellow press and does a damn good job. Japan must finally find a way to counter this.

3 ( +5 / -2 )

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