Government's Statement on the 'National Advanced Industry Development Strategy'

The Korea Display Industry Association stated on the 16th that "the government has included three new product demonstration and pilot projects?transparent, extended reality (XR), and automotive displays?in its national advanced industry development strategy, which will accelerate the creation of new markets."


The government held the 14th Emergency Economic and Livelihood Meeting the previous day and announced development strategies for six major sectors, including displays and semiconductors. The association welcomed the inclusion of policies related to advanced display technology development and new market creation such as transparent and XR displays.


President Yoon Suk-yeol speaking at the 14th Emergency Economic and Livelihood Meeting held at the Blue House State Guesthouse on the 15th. <br>[Image source=Yonhap News]

President Yoon Suk-yeol speaking at the 14th Emergency Economic and Livelihood Meeting held at the Blue House State Guesthouse on the 15th.
[Image source=Yonhap News]

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The association emphasized the government's decision to pursue research and development (R&D) policies not only for its main product OLED (organic light-emitting diode) but also for advanced technology self-emissive displays. The association stated, "This development strategy will serve as a stepping stone to lead the future display market."


The association reported that the display demand market is expanding from home appliances and IT industries to future industries such as mobility and XR. It evaluated the inclusion of support measures for the three new product projects?transparent, XR, and automotive displays?in this strategy as timely.



The association said, "This strategy will play a pivotal role in maintaining Korea's status as a global powerhouse in displays," and added, "The association will also actively promote the 'K-Display Platform' project to secure future technologies with a super-gap and establish a robust ecosystem for materials, parts, and equipment."


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

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