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‘Japan is slowly strangling our neck’ say Korean chipmakers
- Friday | 2nd August, 2019
No approvals have been granted since the dispute broke in early July, South Korean industry sources said. “Japan is slowly strangling our neck”, one senior official at a major South Korean major chipmaker told Reuters, requesting anonymity due to the sensitivity of the matter. LIMITED ALTERNATIVESEfforts to find alternatives to the Japanese suppliers have also struggled to make headway. Major South Korean chipmakers are now testing some non-Japanese materials, South Korean deputy trade minister Kim Yong-rae told foreign media on Wednesday. The South Korean government has launched a campaign to nurture local suppliers to counter Japan’s restrictions, but analysts and officials at suppliers say the goals are unrealistic.
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