Chapter 359 – Korea-Japan Trade Dispute
Korea-Japan trade dispute.
The Korea Times− 「Japan announces export restrictions on three items including semiconductor materials (comprehensive)」
Fact News− “Government “All measures including WTO complaint”… Calling the Japanese ambassador to strongly protest
Daily News− “Aimed at the vital point of Korea”… The launching ceremony at the executive meeting of Ohsung Semiconductor”
A sudden breaking news is shaking South Korea.
In the news and in the newspapers, there is an uproar.
〈The Japanese government has announced export restrictions on key materials used in semiconductors and displays.〉
Semiconductor.
It is a major export item of Korea.
It is not an exaggeration to say that the economy is being cut.
———————————————+
Fluorine polyimide
Film with enhanced thermal stability through fluorine treatment
90% of Japan’s global market share
Impact: Foldable display, semiconductor packaging, lightweight electric vehicle, 3D printing
■Resist
Photoresist material used in semiconductor substrate manufacturing
90% of Japan’s global market share
Impact: semiconductor substrate photomask fabrication
Etching gas
High-purity hydrogen fluoride used in semiconductor cleaning
Japan’s global market share 70%
Impact: Semiconductor manufacturing process
+———————————————
Japan’s export controls are clearly on target.
It will cause problems in semiconductor manufacturing.
It has a huge impact on the industry as a whole.
It is a situation where damage is expected as a result.
[Korea Stock Gallery]
─Japan was already making preparations
─The reason Korea is in danger right now.Txt
─The justification for Japan’s export restrictions. Araboza
─You made money by selling your country?
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．
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In the stock market, it’s just one ingredient.
Investors are busy moving.
─You made money by selling your country?
[KODEX 200 Futures Inverse 2X account.Jpg]
As soon as I saw the news, I rode the bus
└ Genius
└ Selling the country twice as much, Kiya~
└ It’s value investing, but is it a problem?
└President Bus 2X Departure haha
Bad news.
Depending on how you use it, it can be a good thing.
What if we suffer from Japan’s export restrictions?
You can bet on the down side.
─The justification for Japan’s export restrictions. Araboza
[Japanese Yahoo article.News]
It is said that strategic materials exported to South Korea could be leaked to North Korea.
This is what hits
According to the UN report, hydrogen fluoride from Japan is going to North Korea through various routes, including South Korea and Japan.
Japan insists that it is right that they went from Korea
└ Then why did you ban EUV resist haha
└ I made a justification
└ He said he didn’t like it again when it was revealed through an international organization.
└ It is a measure of retaliation for the ruling on compensation for forced labor, but it is not without justification, so it will not end easily…
In the short term, yes.
In the long run, it is a problem because it is unpredictable.
Is it something that can be done in a day or two?
Is it a situation that could escalate further?
─The reason Korea is in danger right now.Txt
1. Japan is a strong country in materials and parts (materials, parts, equipment)
2. About 90% of the items regulated this time depend on
3. It is impossible to diversify import sources because it requires technical skills
4. More than 100 items depend on this
5. The Japanese government is waiting for additional sanctions
One line summary: fucked up
└ It’s really fucked up
└ I sold everything, even the panties, kkkk
└ Not just materials. The machines of the companies are also Japanese, so if they cannot import them, the factories will stop.
└ What on earth do you believe in and give up on Japan?
The more you look, the worse it gets.
It doesn’t seem like a normal thing.
What if something really big is coming?
Either take it as an opportunity or prepare for it.
Public opinion in the community leans toward the latter.
─Japan was already making preparations
[Increase in semiconductor orders from Japanese companies.News]
Recently, semiconductor orders from Japan have surged.
It was put in a pre-order in case of a counterattack from the Korean side.
Thanks to this, the 2nd quarter performance of domestic semiconductor stocks will be better than expected…
└ㅁㅁ I got goosebumps
└ Even if there is a surf, it is not a surf
└ Then, should I go short now?
└ If the performance is good, it will be rolled up
It is difficult to break away from dependence on Japan.
A replacement cannot be provided in a short time.
Japan doesn’t seem to be hit.
He would have moved after thorough calculations.
─Amid this situation, the current status of the Korean government’s response. Real
1. Brief meeting with heads of top 30 companies
2. Why didn’t we localize core materials? (?)
3. An idea without knowing the global supply chain (division of labor)
4. The president, minister, and FTC are all there, so the commanders can’t even shout and it’s over
People’s Tribunal Called by Corporate Presidents
└ The poop is packed up haha
└ I admit it even if I leave Joseon haha
└Fucking chicken heads?
└?: Korean politics is 4th, bureaucrats are 3rd, and companies are 2nd.
In contrast, Korea.
I can’t come up with a solution that will make my stomach feel better.
The government’s response has been lukewarm.
It’s not that there aren’t any good news from time to time.
─Breaking News) Clan Gambia participates in trade war with Japan
[Photo of Gambian miners.Jpg]
Decided to discontinue supply of vibranium, which is in the limelight as a next-generation photoresistor
└ Canning vibranium with a pickaxe haha
└Kya, Japan is really fucked up
└Are you not sending Gambian special forces?
└ Strong Hangam Alliance!
It is difficult to expect a clear effect.
Korea has to solve it on its own.
Upcoming news.
No matter what I look at, I don’t see anything positive.
─Korea is really fucked up
Joo Gallums don’t drip
Seriously doing ‘analysis’
This was not the case in last year’s downturn.
└ It was a stock market, not a gambling hall.
└Analysis Is it a view? Replying to @Mr.
└ That means that export restrictions are severe.
└ Nara Shimai Kyu
Investors have no choice but to be serious.
It seems that Korea will be ruined at any moment.
The stock market is not responding.
A sidewalk that swings up and down unfolds.
Future market trends.
The ants wander in an unknown fog.
* * *
Sudden misfortune.
It has a huge impact on the stock market as well as on companies.
“Thank you! If it weren’t for you, I would have been in big trouble.”
Exports may be hindered.
There is no enemy greater than uncertainty.
‘Something like that.’
An investment advisor solves the problem.
My schedule has been very busy lately.
“I just did what I was asked to do.”
“We also run our own securities team, but we don’t give clear answers like you do… Thank you very much again.”
There are many companies like this.
It is true that Korea’s industry is highly dependent on Japan.
‘Originally like that.’
Global supply chain.
Each country has its own task.
The US is core technology, China is manufacturing, and Korea is intermediate goods.
“Our company is highly dependent on Japanese materials…”
“There is also the possibility of further sanctions.”
“Yes, that worries me.”
Japan is a small and medium-sized country.
This includes chemicals needed to make products and machines that assemble things.
‘There are many small and medium-sized enterprises that make such things.’
After the bubble era.
Big corporations are in decline.
Instead, it is small and medium-sized enterprises that support Japan.
Based on craftsmanship, we have built up our own technology.
It has a high share in the world market.
“Still, if the stock we ordered this time arrives, I think we can easily survive this year.”
“That’s very fortunate.”
“Right now, the industry is in trouble, but thanks to the teacher, we are relieved.”
Reason to do so.
Because Korea is a neighboring country.
The country is the second largest producer of semiconductors in the world.
‘They buy everything.’
Korea is also a major exporter.
No, it’s almost dependent.
It is also an inevitable structure.
Cheap.
Close.
The quality is also good.
It’s pretty much the same as why I went to Japan.
“But if this situation goes on for a long time, I think there will be a problem…”
“It’s okay.”
“Is that so?”
“Because it will be a Japanese company that will raise the white flag first.”
“?!”
Companies in both Korea and Japan have been collaborating for a long time.
That doesn’t mean that the book was caught in Japan.
‘No matter how good it is, a subcontractor is a subcontractor.’
Differences in company size.
Conglomerates lose their sales, but small and medium-sized businesses face a threat to their survival.
In the market, the buyer is unconditionally the winner.
Korea is a super power among them.
There is no country that buys more than Korea.
The actions that Japanese companies will take are determined.
“In a few months, Japanese companies will be sounding out negotiations. There will be some dissonance, but it won’t be detrimental.”
“Doesn’t the teacher see it as no big deal?”
“I am.”
Principle of such a market.
From an unfamiliar person’s point of view, it’s worth being intimidated.
‘Of course, there are special cases such as ASML.’
Japanese companies are not that monopolistic.
Public concern is overblown.
In the first place, companies do not want to fight with each other.
It’s just the trickery of politicians.
How is it solved
It was the same in history as far as I know.
“But in the short term… When I say short term I mean 1-3 months.”
“Ah yes!”
“We recommend putting option hedging because the index can be shaken by people’s psychology.”
“Okay!
It will be easier in this life.
My last business trip to Japan.
‘The treatment is definitely different.’
It was an opportunity to establish a position within Ohsung affiliates.
Listen more to me than before.
Advised not only subsidiaries but also large corporations.
It is easy to understand the internal circumstances.
[Kaede]
“I applied for a stock mortgage loan corresponding to Chan Wook-sang’s share.”
“It’s Kitayasa’s main bank, so the interest rate is lower than the market rate.”
「You will be able to use the funds more leisurely♡」
And funding line.
It is possible to obtain financing at a low interest rate through a Japanese bank.
‘Investment.’
Difficulty varies by location.
There is no reason to fight like an ant without a gun and a car.
If you have a sloped playground, you should use it.
A paving stone for the Korean market.
Daily News− 「KOSPI plunged nearly 3% due to institutional mass selling offensive」
It would be appropriate as an event to open the beginning.
