Samsung Secures Japan Parts Resources To Prevent Production Lag

South Korean tech giant Samsung confirmed that it has secured some resources needed for its smartphone production. The company notes that these resources from Japan could help keep the company’s production line healthy in the long run. The company has also prepared ways to bypass trade restrictions between the countries.

Samsung Electronics vice chairman Lee Jae-yong has recently returned from his business trip in Japan and discussed of the trip to the company’s top brass according to Yonhap News Agency. Apparently, the company has supposedly secured a trade deal to some Japanese companies to get some raw materials for production. The materials going to Samsung soon are photoresists, hydrogen fluoride, and fluorinated polymides which are needed for smartphone parts.

These imports from Japan are needed to help move the company into a healthier production line. Analysts say that while the company is enjoying a decent export curb, it won’t be healthy for the company to stay like this in the long run.

While the import plan is already being set, Samsung’s heads have been figuring out ways to avoid a trade restriction between South Korea and Japan. The restriction states that products directly coming from Japan will get an additional payment. Samsung is currently finding ways on avoiding this altogether.

As of now, Samsung is currently developing the Galaxy Fold which was pulled out following a problem with its screen. The Galaxy S10 and S10+ are its current flagship smartphones has been doing well but has recently experienced problems with its new update. Lastly, the Galaxy Note 10 could be the unit that will mostly receive the fruits of the upcoming Samsung trade deal as this device is going to be launched soon.

In August, Samsung is expected to have another Unpacked event. Potentially, the details about this deal or the new device that’ll be allotted for these resources could be revealed there. As of now, Samsung has released some event details on its site. However, it mostly covers the livestream and location of the event rather than teasing the reveals of the upcoming event.