China: Holds the key point of South Korea: Urea water, etc.
-Over 80% share of 1850 items-
2022/01/16
Increasing influence of Chinese companies:
The influence of Chinese companies is gradually increasing. It was
1850 types of Korean imports:
Urea water caused a great deal of confusion in South Korea last year.
Of the 1850 items imported from South Korea, the share of Chinese companies exceeds 80%.
Solar power,
battery,
LCD panel, etc.
China’s influence is growing in the high-tech market.
Solar power:
The market share of Chinese-made solar cells reaches 78%, and the market share of solar panels reaches 72%.
EV battery material:
Black smoke.
lithium,
Rare earths, etc.
The supply of EV battery materials is also monopolized by Chinese companies.
Korean Battery Manufacturer:
LG Energy Solution,
SK Innovation,
Samsung SDI etc.
Korean battery makers have the world’s top level manufacturing capacity.
Most of its raw materials depend on China.
China Supports CATL:
The Chinese government will support its own companies such as CATL.
If the export of battery materials to South Korea is banned, production in South Korea will be completely suspended.
The LCD panel, which South Korea was the world’s top, has already completely fallen into the hands of China.
display
Korean industry
Chinese manufacturers such as BOE
Every time I raise the price of the LCD panel,
Samsung Electronics, LG Electronics, etc.
Korean TV companies are very upset.
Korean game industry:
Chinese authorities do not allow sales of South Korea’s expansion into China.
Korean games have been out of sales for the last few years.
Korea’s representative game
Nexon
In 2016, we received a Chinese permit for “Dungeon Empire Mobile”.
However, the game has not been sold in China.
COM2US
COM2US, which received a Chinese license in December 2020, has not been able to sell games in China.
Chosun Online | Chosun Ilbo
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