Act on Prevention of Divulgence and Protection of Industrial Technology

Korea's Act on Prevention of Divulgence and Protection of Industrial Technology establishes an approval process for foreign direct investment (FDI) involving the following technologies:  

• Semi-conductor technologies
• Medium to large-size lithium-ion battery manufacturing technologies
• Hybrid and electric vehicle manufacturing technologies
• Hydrogen vehicle fuel cell technologies
• Diesel-engine technologies per Euro 6 and higher regulations
• High-quality steel manufacturing technologies
• Nuclear generation technologies
• Hydrogen fuel cell (for generation) technologies

The Ministry of Trade, Industry, and Energy (MOTIE) is in charge of granting FDI approval, and has authority to restrict the transfer of domestic technologies.

Want to know more about this policy ? Learn more (Korean)