South Korea will invest 270 million US 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 research and development of light emitting diodes (LEDs). South Korea’s Ministry of Knowledge Economy stated at the Economic Policy Adjustment Conference that in order to promote the development of LED industry integration technology, a total of 300 billion won will be budgeted for in the next five years, and preparations will be made to support LED industry’s further leap forward.

In early 2009, the Ministry of Information and Communication Technology focused on investment to promote the development of core original technologies and popularized LED lighting in public institutions. The new policy focused on how to integrate LED technology creatively with existing industries such as lighting and medical care to create more High added value technology.

The South Korean government proposes 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. It is planned that the integration of LED lighting will be advanced to the global level by 2015.

The Ministry of Chiese Economics first combined LED and IT to ensure that new systems such as system lighting that can save energy through individual or central control, lighting tailored to user psychology and physiology, lighting with sterilization and purification functions, and other new markets can be competitive.

The South Korean government has invested 300 billion won for five years to separate from the original blue LED, diversifying special wavelengths or full-color products, and preparing innovative LED fusion industries such as LED plant factories and smart car headlamps. basis.

The South Korean government also plans to implement the lighting function marking system and the post-event management evaluation results system in 2011 to make it easier for consumers to identify products. At the same time, it will also induce large and medium-sized and small-sized enterprises to strengthen cooperative relations, plan to operate the LED industry forum in 2011, and provide LED comparison experience exhibition halls for technical exchange among enterprises, etc., which can reduce the burden of LED lighting certification for SMEs and build a 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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