South Korea to Regulate OLED Equipment Export to China

The South Korean government is planning to designate OLED equipment as the core technology of the country and restrict the export to prevent technology leaks, reported BusinessKorea, a South Korean media.

The report mentioned that the Ministry of Trade, Industry and Energy (MOTIE) of South Korea and display equipment companies have held a meeting on December 30th to discuss the designation of OLED equipment as national core technology. Once it becomes national core technology, the technology's export and business merger and acquisition (M&A) will have to be approved by the South Korean government.


(Image: Samsung)

According to the report, the measure was proposed due to the technology leaks by Toptec, a Samsung supplier which produces automated equipment for smartphone display production. The company was accused of selling Samsung’s latest OLED display technology to China’s BOE. The inclusion of OLED equipment as South Korea’s national core technology is believed to prevent such technology leak as currently only display panel design, process, manufacturing and drive are restricted.

It was reported that the Chinese government has shifted the subsidy focus from TFT-LCD to OLED. Many Chinese panel producers were reportedly expanding their OLED capacities. This includes BOE, which is preparing its fourth AMOLED production line in Fuzhou, China.

South Korean display producers Samsung and LG hold the key technologies for OLED panels. To maintain its advantages and lessen the influences of China’s production expansion, the Korean government will intensify the restriction of OLED equipment.

Disclaimers of Warranties
1. The website does not warrant the following:
1.1 The services from the website meets your requirement;
1.2 The accuracy, completeness, or timeliness of the service;
1.3 The accuracy, reliability of conclusions drawn from using the service;
1.4 The accuracy, completeness, or timeliness, or security of any information that you download from the website
2. The services provided by the website is intended for your reference only. The website shall be not be responsible for investment decisions, damages, or other losses resulting from use of the website or the information contained therein<
Proprietary Rights
You may not reproduce, modify, create derivative works from, display, perform, publish, distribute, disseminate, broadcast or circulate to any third party, any materials contained on the services without the express prior written consent of the website or its legal owner.
Display devices have been used for many years as a means of HMI (Human Machine Interface) to connect humans and machines interactively, and their usage are still expanding. Automotive interiors are no exception to this trend, with an increasing ... READ MORE
About LiDAR Automotive industry trends In recent years, many vehicles have been launched with ADAS (Advanced Driver Assistance Systems) as standard equipment. As the future evolves towards more automated driving, sensing around the vehicle i... READ MORE