As trade tensions continue to rise in the region, after Japan's trade action on high tech exports to South Korea, global businesses are bracing themselves for a hit to their supply chains.
We have on the line Waqas ADENWALA, Asia Analyst for the Economist Intelligence Unit.
Thank you for joining the program

1.
First, given the fact that South Korean companies produce the lion's share of the world's memory chips and OLED, what will be the immediate impact on other IT firms around the world, and which companies do you think will be affected in particular?

2.
It seems the trade dispute won't be fizzling out anytime soon. How great of an impact do you think this conflict could have on global supply chains?
3.
What do you think is the best way that South Korean companies, as well as other affected firms around the world, can overcome this crisis, in the short and long term?

That was Waqas ADENWALA, Asia Analyst for the Economist Intelligence Unit. Thank you for your insights.