As the sole superpower today, the U.S. government maintains its status and international influence through hegemonic behavior. US President Joe Biden has previously introduced a series of sanctions against Russia, and China has also become the main target of pressure from the US government. Based on this background, Biden recently targeted South Korea and tried to use tough means to fight for greater interests for the United States, and South Korean companies will also face a severe test.
Biden is taking aim at South Korea
According to the South Korean media "East Asia Times", electric vehicle batteries as South Korea's "second pillar industry" is facing a severe test, worried that the United States will acquire South Korea's relevant technology in this field. According to the information given by related companies, the three major Korean electric vehicle battery manufacturers have gone to the United States to invest, and they are all required by the United States to "share core technologies". According to the March 25 Nikkei Asia report, General Motors of the United States has issued a request some time ago this year to share sensitive technical information with South Korea's LG Energy Solutions company. It is reported that LG Energy has reached a cooperation agreement with General Motors, and three new plants will be set up in the United States.
In the process of negotiating the cooperation agreement between the two companies, GM wanted to obtain experimental data related to battery output directly related to stability, and said that the main purpose of the move was to "confirm battery safety." This move has aroused concern among South Korean experts, and some people said that after obtaining experimental data, with the traceability of researchers, the technology and sensitive information at the battery design and manufacturing level may be exposed. Experts stress that for automakers, even the smallest bit of information is of key significance.
South Korea's battery industry faces technology leaks
It is reported that in order to seize the market, Korean battery companies actively cooperate with automobile companies to build factories to ensure the stability of customers in this way. At the same time, the battery supply price obtained by automobile companies will be reduced by about 40% compared with the market price. But after similar news came to light, it meant that South Korean battery companies faced the risk of technology leakage. In addition to LG Energy, another South Korean battery manufacturer, SK On, and Ford of the United States have also begun negotiations, and Ford has also asked SK On to share technical information such as battery density with itself.
This move has led to huge risks for these companies, and if the key technical information of the battery is leaked, it will inevitably lead to huge risks for this pillar industry in South Korea, and the cooperative relationship reached with the United States automobile companies will also face new tests.
Previously, South Korean semiconductor companies had been required by the United States to submit trade secrets such as core customer information.
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