[Exclusive] Display Likely to Be Designated as a National Advanced Strategic Technology

Advanced Display Strategic Technologies Identified... 4 Areas Including OLED, Quantum Dot
Need to Secure 'Super Gap' with China... Support for R&D, Talent Development
Government: "Sufficient Value from Economic Security Perspective... Consensus Despite Industry Concerns"

Samsung Display Unveils 'QD Display' for the First Time at CES
(Seoul=Yonhap News) Samsung Display revealed the QD Display at a private booth inside the Encore Hotel in the United States on January 4, 2022 (local time), one day before the opening of CES 2022. The photo shows the QD Display embedded with quantum dots. 2022.1.5
[Provided by Samsung Display. Resale and DB reproduction prohibited]
photo@yna.co.kr
(End)

＜Copyright (c) Yonhap News, unauthorized reproduction and redistribution prohibited＞

[Asia Economy Sejong=Reporter Lee Jun-hyung] The government has decided to include displays alongside semiconductors, batteries, and bio in the national advanced strategic technologies. This decision comes from the judgment that comprehensive government-wide support is necessary to secure a "super-gap" in the display industry, where China's rise has become full-scale.

According to a compilation of reports on the 20th, the government is strongly considering including display technology in the national advanced strategic technologies. The display technologies under review as national advanced strategic technologies include four types: OLED, Quantum Dot (QD), Micro Light Emitting Diode (LED), and Nano LED. The Ministry of Trade, Industry and Energy, the main ministry in charge, recently consulted with related ministries such as the Ministry of Economy and Finance and the Ministry of Science and ICT on this plan. A government official stated, "Display has sufficient value from an economic security perspective and remains an important industry for the future," adding, "Since Liquid Crystal Display (LCD) has already been overtaken by China, there is also a consensus on the sense of crisis felt by the industry."

National advanced strategic technologies are technologies classified by the government as core national technologies. When designated as a national advanced strategic technology, support for research and development (R&D), talent cultivation, and more can be received from the government under the 'National Advanced Strategic Industry Special Act.' The special act passed the National Assembly in January and will be enforced on August 4. The government plans to finalize the designation targets for national advanced strategic technologies through the Technology Adjustment Committee and the National Advanced Strategic Industry Committee chaired by the Prime Minister between September and October.

The government places weight on designating displays as a national advanced strategic technology because it sees securing a super-gap as urgent. China already surpassed Korea last year by capturing 41.5% of the global display market share, overtaking Korea's 33.2%. It has been 17 years since Korea overtook Japan in 2004 to become the leader in the display market.

This content was produced with the assistance of AI translation services.