Holding Industrial Supply Chain Inspection Meeting
Inspection of Major Import-Dependent Items

As the Chinese government began export controls on gallium and germanium from the 1st, the Ministry of Trade, Industry and Energy announced on the afternoon of the 1st that it held an 'Industrial Supply Chain Inspection Meeting' chaired by Yang Ki-wook, Director of the Industrial Supply Chain Policy Division, to inspect the supply chains of major import-dependent items.


The meeting was attended by industry associations such as the Semiconductor Association, Display Association, and Electronics and Telecommunications Industry Promotion Association, as well as related organizations including the Materials, Parts, and Equipment Supply Chain Center (KOTRA, etc.), Rare Metals Center (Korea Institute of Industrial Technology), and the Mining and Resources Corporation. The attendees agreed that the government and industry would closely cooperate to monitor supply and demand trends for gallium and germanium, which are subject to China's export controls, and promptly resolve any difficulties that arise.


Furthermore, to stabilize the supply chain of major import-dependent items including gallium and germanium, the Materials, Parts, and Equipment Supply Chain Center, Rare Metals Center, and Mining and Resources Corporation will operate a supply chain consultative body to share information on global supply and demand trends, conduct stockpile demand surveys and procurement, and collaborate on discovering and supporting recycling, alternative, and reduction technologies.


Starting from the 1st, the Materials and Parts Supply Response Support Center will monitor supply and demand trends of gallium and germanium affected by the export controls and operate as a one-stop support window to resolve industry difficulties by coordinating with related organizations such as KOTRA and local diplomatic missions.



Meanwhile, since China's export control announcement on the 3rd of last month, the Ministry of Trade, Industry and Energy's Materials and Parts Supply Response Support Center has surveyed supply and demand trends of about 400 major domestic gallium and germanium import and demand companies. While related companies expect the short-term impact to be limited, they raised concerns about price increases and customs clearance difficulties, as well as the need to discover alternative import sources.


This content was produced with the assistance of AI translation services.

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