Left Menu
Development News Edition

UPDATE 1-S.Korea says Japan grants first high-tech approval since July export curbs

Reuters | Seoul | Updated: 08-08-2019 06:37 IST | Created: 08-08-2019 06:31 IST
UPDATE 1-S.Korea says Japan grants first high-tech approval since July export curbs
Image Credit: Wikimedia Commons

South Korea's prime minister said on Thursday Japan has granted its first approval for the export of a high-tech material to South Korea since Tokyo imposed tighter curbs in July on three high-tech components used for making chips and displays.

Prime Minister Lee Nak-yon said the approval made on Wednesday was for the material known as EUV photoresists, crucial for Samsung's advanced contract chipmaking production. "We are stepping up our diplomatic efforts to make Japan retract its economic attack," Lee told a meeting with government officials.

There was no immediate comment from Samsung. South Korean chipmakers are hitting a dead-end in their quest to find alternatives for key Japanese materials that have been hit with export restrictions, raising the prospect of major disruption to their operations in coming months.

The curbs apply on EUV photoresists, used in producing chips based on an advanced technique known as extreme ultraviolet lithography. That could hobble Samsung's efforts to use the technology to catch up with rival Taiwan Semiconductor Manufacturing Co Ltd in the booming business of building advanced chips for other companies.

Also Read: S.Korea says Japan grants first high-tech approval since July export curbs


TRENDING

OPINION / BLOG / INTERVIEW

South Africa's COVID-19 response: Surprising outcomes or just poor data management?

South Africa has been committed to improving its health information system and shows that a robust digital has considerable scope to improve healthcare for the entire population. But the COVID-19 pandemic has highlighted that significant ga...

Post-COVID-19 Nigeria needs a robust Health Management Information System to handle high disease burden

Nigeria is among a few countries that conceptualised a health management information system HMIS in the early 90s but implementation has been a challenge till date. Besides COVID-19, the country has a huge burden of communicable and non-com...

Morocco COVID-19 response: A fragile health system and the deteriorating situation

Learning from its European neighbors, Morocco imposed drastic measures from the initial stages of the COVID-19 outbreak to try to contain its spread. The strategy worked for a few months but the cases have surged after mid-June. In this sit...

COVID-19: Argentina’s health system inefficiencies exaggerate flaws of health information system

You can recover from a drop in the GDP, but you cant recover from death, was the straightforward mindset of Argentinas President Alberto Fernndez and defined the countrys response to COVID-19. The South American nation imposed a strict...

Videos

Latest News

Guj: 3 labourers dead, 1 injured in Vadodara building collapse

Three labourers, including a woman, were killed and another worker was injured after a three-storey under-construction building collapsed in Gujarats Vadodara city in the early hours of Tuesday, an official said. The building, being constru...

Ex-IMF chief Rato acquitted in trial over Bankia's IPO

Former IMF chief Rodrigo Rato was acquitted on Tuesday of fraud charges and falsifying accounts after a high profile trial over the IPO of Bankia when he was chairman of the Spanish bank. Rato, who always denied any wrongdoing, resigned as ...

SA's unemployment drops to 23.3%

Despite the South African economy shedding 2.2 million jobs due to the COVID-19 lockdown, unemployment in the country dropped to 23.3 in the second quarter of 2020, Statistics South Africa Stats SA has revealed.This finding is contained in ...

United Arab Emirates to launch spacecraft to moon in 2024

The United Arab Emirates plans to send an unmanned spacecraft to the moon in 2024, a top Emirati official said on Tuesday, the latest gamble in the stars by the oil-rich nation that could see it become only the fourth nation on Earth to acc...

Give Feedback