Samsung secures emergency supplies of crucial materials

Bradley Prior

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Samsung secures emergency supplies of crucial materials

Samsung Electronics Co. has secured emergency supplies of three key materials that Japan had cut off as part of its export restrictions, averting a crisis at the South Korean company’s production lines.

Samsung Vice Chairman Jay Y. Lee shared the “outcome” of his Japan trip with the company’s management during a directors’ meeting he hosted on Saturday, Yonhap reported, citing unidentified people familiar with the financial situation. [Bloomberg]
 
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