SEOUL (Reuters) – 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.
Relations between the two U.S. allies worsened late last year when a South Korean court ordered Japanese companies to compensate some of their former laborers forced by the firms to work during World War Two.
In early July, Japan tightened controls on shipments to South Korea of three materials used in chips and displays, threatening to disrupt the global tech supply chain. Japan also announced a plan to remove South Korea’s fast-track export status from later this month.
The material cleared for Japan’s exports to Samsung Electronics Co Ltd (005930.KS) 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…
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