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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.
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