South Korea's Ministry of Industry and Commerce Resources will convene a display panel meeting recently to decide whether to approve the South Korean LG Display application for the Chinese factory construction plan.It is reported that this program reached 1.8 trillion won scale.With the frequency of China-ROK The signal is now warming, the industry approval of the Korean government to give higher expectations.

According to South Korea's "Asian Economy" reported that the South Korean government sources said the newly established display panel will review the construction plan this month.It is reported that in July 25th Council, LG show decided Construct a 8.5-generation OLED panel plant in Guangzhou, China, and apply to the Korea Ministry of Industry for a total investment of 2.6 trillion won and 5 trillion won by 2020.
Investment licenses such as these were originally decided by the Industrial Technology Protection Committee of Korea's Minister of Industry and Commerce, sometimes from a more professional point of view, and subject to deliberation by the Electrical and Electronics Specialized Committee.
In the previous audit process, there were voices that there was a risk of technology outflows on a large scale, and industry stakeholders said they needed extremely rich experience in mass production of OLED panels, and in the past China LCD factories had never happened before Technology outflow problem.But South Korea's Ministry of Industry said that domestic enterprises to conduct large-scale overseas investment subject to careful examination steps, the move is not intended to limit the business investment, but take preventive measures.
South Korean government fears 'technology leak'
South Korea's Central Daily News reported that South Korea's Ministry of Industry halt music last month showed that investing in Guangzhou, the music show and suppliers are generally nervous.Once LG show plans to blow, South Korea's small and medium-sized supplier Business will lose at least 4 trillion won revenue.
It is understood that in the semiconductor, OLED and other core technology areas of South Korea, the company building factories in foreign countries need to report and obtain permission to the Minister of the Ministry of Industry in South Korea, therefore, the Korean Ministry of Industry holds the key to the relevant companies to enter the Chinese market.
However, the Ministry of Industry of South Korea said Lee Min-ho, director of Korea's Ministry of Industry, once said: 'In order to find out more about LGP's entry into the factory in Guangzhou, LG Electronics said the company's planned factory in Guangzhou will easily lead to a technology leak. For the first time in China, we formed a small committee of display experts.
In addition to setting up factories in China no other possibility
However, the semiconductor industry does not agree with the Korean Ministry of Industry's claim.According to Korean media sources, an industry official who declined to be named that, even if LGK shows cooperation with the Chinese Guangzhou local government to set up factories in China, the possibility of technology leaks may occur Sex is not large.
Lejin Display official said that in the manufacture of large-screen TV OLED display, in addition to setting up factories in China, no other possibility. Even if the South Korean government does not allow companies to set up factories in China, the company can not turn to set up in South Korea Factory South Korea has no extra land in Paju plant can be used to expand production facilities, to find new land to build a new plant, takes about 5 to 10 years, the TV OLED panel generally need to be 6 months to 1 year ahead of time or so Single production, the longer the time dragged, the more customers lost, even existing customers may also be lost.
According to South Korean media reports, an official said: "Prior to reviewing the issue of technology leaks under the Ministry of Industry Electrical and Electronic Committee, will be notified 45 days after the application results of the audit ',' And the business as early as the end of July Submitted an application, but the Ministry of Industry of South Korea has until now announced the establishment of a small committee for review, mainly reflecting the current government's disapproval of large enterprises to enter the overseas attitude. "Another relevant person said: 'South Korea's new government will create jobs As a top priority, there is a tendency to unconditionally restrict all business activities that may reduce employment. '