\tSouth Korea asked the US to step in to help resolve a bitter diplomatic row with Japan which threatens to severely hamper chip and smartphone manufacture, China Daily reported.<\/p>\n
Japan and Korea are embroiled in a spat [1] which has so far resulted in the former announcing it would limit exports of three chemicals used by some of Korea\u2019s most prominent technology companies.<\/p>\n
In response, Korea unveiled a massive investment plan to produce its own materials and limit imports. Politicians have also called for a budget of KRW300 billion ($255 million) to be set aside to help companies deal with the current crisis.<\/p>\n
Korea\u2019s foreign minister reportedly discussed the issue with the US Secretary of State in a bid to ease tensions. The US apparently agreed to help facilitate a conversation between the two countries.<\/p>\n
Separate reports from Yonhap News Agency today (12 July) added a senior official from the country\u2019s foreign office was in Tokyo, engaged in talks to try and diffuse the row and remove trade restrictions.<\/p>\n
Among the goods impacted by Japan\u2019s order are specialist materials used in the production of chips and smartphone displays, which are vital in many of the electronics produced in Korea.<\/p>\n[1] https:\/\/www.mobileworldlive.com\/asia\/asia-news\/korea-plots-massive-investment-in-domestic-materials\/<\/p>\n","protected":false},"excerpt":{"rendered":"
South Korea asked the US to step in to help resolve a bitter diplomatic row …<\/p>\n
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