South Korea's Ministry of Economics invests 280 million U.S. dollars to develop LED business

The South Korean government announced that by 2015, it will invest 300 billion won (about 279 million U.S. dollars) to support the development and production of the LED industry, and prepare support strategies to promote the leap forward of the LED industry.

It is understood that the South Korean government plans to advance LED lighting integration into a global advanced position by 2015. The new policy focuses on how LED technology can be creatively integrated with existing industries such as lighting and medical care to create higher added value. And propose three major policy tasks, namely, ensuring new markets to dominate competitiveness, ensuring market creation and consumer trust, and constituting a virtuous cycle of industrial ecology. In addition, it has diversified from the original blue LED to develop technologies such as diversified special wavelengths or full-color products, and to prepare creative LED fusion industry bases such as LED plant factories and intelligent car headlights.

To this end, the Chichibu Department will first integrate LED and IT to ensure that new systems such as system lighting that can save energy through individual or central control, lighting that matches user's psychology and physiology, lighting that has sterilization and purification functions, and other new markets can be competed. force. At the same time, the government of South Korea plans to implement the lighting function marking system and the post-management management evaluation results system in 2011 so as to facilitate consumers to identify products, and to induce large and medium-sized enterprises to strengthen their cooperative relations. It plans to operate the LED industry forum in 2011 and provide inter-enterprise cooperation. Technical exchanges such as the LED Comparison Experience Exhibition Hall can reduce the burden of SMEs on LED lighting certification and build a virtuous cycle of industrial ecology.

The South Korean government will also organize an organization tentatively called the "LED Policy Council" to assist companies in the smooth development of LED fusion technology. In addition, it plans to use 70% of Sejong City's building with LED lighting to build Sejong City into a LED city. It will invest 10 billion won (approximately US$9.29 million) in 2011, replacing 60% of the landscape lighting of 4 major rivers and 16 ponds. Into LED lighting.

The Minister of Information and Communications Industry Policy, Liu Xiugen, said that South Korea will ensure its dominant position in the LED lighting and integration markets that are expected to open within 1 to 2 years if the government and industry forces are assembled.

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