ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Japan-South Korea rift

Japan restricts tech exports to South Korea over wartime labor row

Move risks being seen as backtracking on free trade

Japan is expected to hamper the ability of South Korean companies to buy a plastic used in flexible OLED displays. (Photo courtesy of Samsung Display)

TOKYO -- Japan is preparing to impose tougher restrictions on South Korean companies' ability to buy semiconductor materials such as plastic used in flexible phone displays, apparently in reaction to Seoul's stance on compensation for wartime labor.

Under proposed changes to export rules, Japanese suppliers would need to apply for approval for each contract to sell specific chemicals to South Korean buyers, which until now have qualified for a simplified export process.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more