Get Our Weekly Email Newsletter
I.T. Skills In Your China Business!IPS works with institutions and corporate clients to deliver computer skills training and ICT solutions, as well as internal assessments and benchmarking. More Info Here...
China International Fair for Investment and Trade @ Xiamen - 2010/09/08
First International Conference on Networking and Distributed Computing @ Hangzhou - 2010/10/21
Conference on Energy Strategy and Technology @ Beijing - 2010/10/23
11th China Solar PV Conference and Exhibition @ Nanjing - 2010/11/18
The 9th International Conference on Web-based Learning @ Shanghai - 2010/12/08
2010 IEEE International Conference on Information Theory and Information Security @ Beijing - 2010/12/17
South Korea Approves Building Of LCD Plants In China
December 25, 2009 |
Print
| 
Email
| 
Comments | Category: Business, Gadgets & Electronics, Law & Policy
The government of South Korea has reportedly approved Samsung and LG Display's applications to build LCD panel plants in China, on condition that they can prevent technology drains to Chinese rivals.
The announcement published by South Korea's presidential office stated that considering the development demands of South Korean enterprises in the rapidly growing Chinese LCD market and to enhance the business cooperation between the two countries, the South Korean government has approved plans to export its TFT-LCD technology to China.
However, the government said Samsung and LG Display are allowed to launch LCD plants in mainland China on condition that the should provide related measures to prevent technology drain. According to the law of South Korea, the government has the right to block the transfer of key technologies.
This approval provides a reference for Samsung's establishment of a plant in Suzhou and LG Display in Guangzhou. Samsung said in October 2009 that it plans to invest about USD2.21 billion to set up a joint venture in Suzhou for the production of 7.5-generation LCD panels. LG Display also said that it will invest about USD4 billion to set up an eighth-generation LCD joint venture in China.
Related Links:
Recommend this page: 
Loading ...Leave A Comment:
-
Gadgets & Electronics
-
Internet
- Focus Media Dumps Chinese Internet Advertising Company Allyes
- Beijing Computing Center, Dawning Join Hands For Cloud Computing Lab
- Foshan Makes Cloud Computing Move In Southern China
- Shanda Games Launches Outsourcing Platform
- Sohu.com Reports Higher Internet Advertising Revenue, But Drop In Wireless Services
-
Law & Policy
- China's Huawei Accused Of Trade Secret Theft By Motorola
- Beijing Starts Work On Convergence Of Three Networks
- Microsoft's New Gaming Device Will Not Be Sold In Chinese Mainland
- The End Of Social Networking Sites In China?
- EU Launches Anti-dumping Case Against Chinese Wireless Wide Area Networking Modems
-
Security
-
Software
-
Telecom & Wireless
- HTC Launches New Mobile Phone Brands In Mainland China
- Microsoft, Hanvon Team For Development Of Chinese Business Tablet Computer
- Apple Starts iPad Sales In Hong Kong
- Sohu.com Reports Higher Internet Advertising Revenue, But Drop In Wireless Services
- China's Huawei Accused Of Trade Secret Theft By Motorola
Copyright 2010 ChinaTechNews.com. All Rights Reserved.
If you would like to syndicate these articles and posts for personal non-business use where you will not gain in any monetary way, please utilize the RSS feed for this online publication, which provides a brief summary of each post with a link back to the original article. Posting of any other part of the articles or posts on this website, in whole or in part, is expressly prohibited without express written permission from ChinaTechNews.com. No part of this website may be copied, transferred, posted, or published without the express written permission of ChinaTechNews.com or its registered agents. Content on this website, including articles, opinions, and data are protected under international copyright laws. Failure to comply with these rules will result in legal action. 