SEOUL: LG Display Co Ltd on Tuesday said it is looking to diversify its supplier base in case a diplomatic spat sees Japan extend export curbs on ...
SEOUL: LG Display Co Ltd on Tuesday said it is looking to diversify its supplier base in case a diplomatic spat sees Japan extend export curbs on display-making materials bound for South Korea.
South Korean firms have responded by stockpiling and seeking alternative suppliers, though market watchers have questioned the ability to match the quality of the affected materials, for which Japan dominates the global market. "Though it's possible that Japan's exports curbs will be extended in the future, it's very difficult to predict what would come next," Suh said, after the Apple Inc supplier reported a second-quarter operating loss that was deeper than market estimates.One of the restricted materials is hydrogen fluoride, used as an etching gas when making chips and displays.
Analysts said TV makers have stockpiled panels for fear of further tariffs, raising inventories and exacerbating the glut.
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