Japan allows further exports of high-tech material to South Korea: sources

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Japan has approved shipments of a high-tech material to South Korea for the second time since imposing export curbs last month, two sources said, ...

SEOUL: Japan has approved shipments of a high-tech material to South Korea for the second time since imposing export curbs last month, two sources said, ahead of talks by government officials this week to resolve a dispute stemming from their wartime past.

The high-tech material cleared for Japan's exports to Samsung Electronics Co Ltd in South Korea is photoresists, which are crucial for the tech giant's advanced contract chipmaking production, the people who were familiar with the matter said on Tuesday. An official at South Korea's presidential office confirmed the exports at a briefing, but said that"uncertainties" will remain until Japan completely removes the tighter export controls it has instituted."Tokyo's latest export approval is positive for the local industry, but I don't see Japan's move as a conciliatory message to South Korea," another South Korean government official told Reuters, requesting anonymity because of the sensitivity of the matter.

 

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