LG U+ is in the spotlight once again following media reports earlier this week that the U.S. Congress is pushing a bill that would require the U.S. Army to reconsider operating bases in countries that use Huawei’s 5G and 6G equipment.
A sign at the Gangnam branch of Japanese apparel store Uniqlo in central Seoul on Aug. 2 reads the store will suspend its operations.
Japan’s restrictions on exports to Korea of three essential materials for chip and display production in July 2019 turned out to not be as disruptive as first thought.
The impact of a boycott movement against Japanese products that began in July 2019 is still visible in consumption patters today, although some brands have shown signs of recovery.
The rhetoric surrounding the possible resumption of the trade war between the United States and China has been ramped up by both sides recently, but this time the risks appear far greater for both, with the world economy as collateral damage.