News Analysis
South Korea, once the reigning champion in the global display manufacturing industry, has reportedly lost its top spot due to a technology theft blitz spearheaded by China’s communist regime. A wave of abrupt dismissals, often without the mandated severance pay, has recently hit South Korean experts working in China.
This incident raises serious concerns, with some experts cautioning that South Korea faces not just unfair competition but also an adversary in the form of the Chinese Communist Party (CCP).
South Korea’s highly developed tech sectors, particularly semiconductors and display panels, have reportedly become the prime targets of the CCP’s aggressive tech acquisition strategy. Tactics allegedly deployed by Beijing range from enticing key employees with lucrative offers to illicit bribery. Consequently, South Korea’s 17-year reign as the world’s leading display manufacturer—a position of dominance in the LCD and OLED markets—was usurped by China in 2021….
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