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Do you mean high carbon inside low carbon? There are companies making folders as well as fixed blades with what is being called San Mai - three layer, that is a hard sharp core laminated between more flexible outer layers.
Esav, san mai with the high carbon is very common, but I think Milliepop is talking about the traditional japanese type blade with a kobuse style construction that is with a core of medium carbon or soft steel with a jacket of high carbon steel around it:
http://home.earthlink.net/~steinrl/laminate.htm