Japan-South Korea negotiations are raging, hitting the global semiconductor market

Japan’s export restrictions on key semiconductor raw materials for South Korea, the Japanese and South Korean representatives first contacted the negotiations on the 12th, but the cognition gap between the two sides was deadlocked, and the two countries further expanded on the 13th. The Japanese accused the South Koreans of misinterpreting the nature of Friday talks. . If the trade dispute between Japan and South Korea cannot be resolved, there will be fear of the supply of chips and smartphones worldwide.

It is rumored that the Japanese and South Korean representatives confirmed that the talks were open to the public on Friday, but Japanese trade officials confirmed that the Tokyo authorities had protested to Seoul and accused Seoul of breaking the agreement.

The Ministry of Economy, Trade and Industry also issued a statement refuting the foreign officials’ remarks and clarifying that during the Friday talks, the ROK did not ask Japan to revoke export controls.

However, the South Korean Trade Ministry official pointed out that the South Korean side did meet on Friday, "clearly requesting Japan to withdraw the trade restrictions, but did not reach a consensus with the Japanese side."

The official also told Reuters that the two sides had discussed the contents of the open talks and there was no intersection.

According to the Korean media report, Japan and South Korea’s export control negotiations on Friday were cold. The two representatives met in a small room. Not only did they not greet each other. After the Korean representatives arrived at the venue, Japanese officials who attended the meeting did not even get up. Han The media painfully approved the Korean delegation to be scorned by the Japanese side.

Japan and South Korea’s export control negotiations have reached a deadlock. Analysts pointed out that this may threaten the global supply of chips and smartphone display screens, and hit the global technology market. The cost pressure of electronic products will also be passed on to consumers through price increases.

In addition, if the trade dispute between Japan and South Korea does not show signs of resolving in the short term, it will delay the progress of the launch of 5G technology and foldable screens.

Avril Wu, senior research director at TrendForce, a global technology industry research organization, said that if the situation continues, it will lead to a reduction in production, pushing up the price of memory chips, and terminal products will follow the price increase. Even if the Korean factory has inventory, it will fall into a shortage of goods after three months.