The Ministry of Trade, Industry and Energy announced on June 20 that seven industrial technologies including 500 kV power cable design and production have been newly designated as the core industrial technologies of South Korea.
The other six are related to large-diameter semiconductor wafer production, positive electrode materials for use in secondary batteries, direct LPG injection, artificial intelligence-based furnace operation, water-based smart steel cooling, and low-vibration and low-noise elevators.
At present, the number of such core industrial technologies very closely related to national security and economic development is 64. The industrial technology protection committee of the ministry manages matters related to such technologies in accordance with the Industrial Technology Protection Act.
Companies that own such technologies must take protective measures such as restricted area establishment and limited access. In addition, export of such technologies and international M&A of such companies must be preceded by a notice to the government.
The ministry also announced that liquid injector design and production technologies for use in LPG vehicles and smart device user interface technology have been undesignated from such technologies and modifications have been made with regard to requirements applied to five technologies related to non-small pouch-type secondary batteries and so on.