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Huawei blacklisting and its impact on S. Korean firms

2019-06-29 22 Dailymotion

'화웨이에 13조 매출' 삼성•하이닉스...화웨이가 우리 기업에 미치는 영향은?<br /><br />The Trump administration's blacklisting of Chinese tech giant Huawei,... has been a source of heated tensions between the U.S. and China. <br />The fallout has hurt many economies around the world... and among the hardest-hit is South Korea and its exporting firms. <br />Kim Da-mi reports. <br />Sandwiched between two economic superpowers,... South Korean firms are reeling in the aftermath of the U.S. ban on Huawei products.<br />In response to Trump's blacklisting of Huawei, the Chinese tech giant reportedly warned numerous IT companies of "dire consequences"... if they cooperate with the ban.<br />The warning... extends to South Korea's IT powerhouses,... including Samsung Electronics and SK Hynix.<br />Considering their high level of dependence on Huawei,... Beijing's warning is not to be trifled with. <br />Huawei accounts for twelve percent of SK Hynix's total revenues,... some 4 billion US dollars worth of semiconductors like NAND Flash Memory chips. <br />Huawei is also a loyal customer of Samsung Eletronics,... especially in semiconductors and displays. <br />Huawei's recent struggles in the mobile phone sector... could lead to falling demand,... which in turn translates into falling chip prices... as semiconductor inventories pile up. <br />And it's not just Korea's bread-and-butter semiconductor industry that is being threatened. <br />If Apple's iPhone sales drop in China due to the effects of the U.S.-China trade war,... Korean camera module products and OLED panels supplied to Apple... will also be cut dramatically. <br />Numerous mid-sized companies in South Korea rely on the export of electronic components and communication equipments to Huawei.<br />Analysts say the fortunes of South Korean firms both big and small... hinge on the outcome of the trade talks between Washington and Beijing. <br />Kim Da-mi, Arirang News. <br />

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