Memories prices will rise due to the conflict between Japan and South Korea
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The trade conflict between China and the United States has been making headlines for months. But there is another one underway, this time between Japan and South Korea. The two countries are at odds and have the memory market as the main victim, with an imminent price rise. Memories are produced in South Korea, where Samsung and SK Hynix have their headquarters and production. But a large part of the components and chemicals come from Japan.
Memories prices will rise due to the conflict between Japan and South Korea
The two countries are now boycotting, even threatening a ban on importing these products. What generates tension in this segment.
New conflict
The problem for South Korea is that 92% of these products needed to make memories come from Japan. So it is something they need to import. Although the conflict is escalating, so tariffs are planned and all products that have been made in Japan are being boycotted in Korea, so many brands may suffer losses.
Memories have already risen 15% in price this week, in the early stages of this conflict. Although it is feared that said price increase will escalate in the coming weeks. Because it is not appreciated that there is a solution soon.
Therefore, we are likely to find a higher rise soon. A fear that is becoming real, since this conflict between the two countries does not seem to be resolved soon. In any case, we will be attentive to its evolution, which will surely generate new headlines.
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