'Pioneering the Transparent Display Market'... Display Industry Association Launches Council

Purpose of Expanding Advanced Transparent Display Business

The Korea Display Industry Association announced on the 1st that it has launched the 'Transparent Display Industry Council' to pioneer new markets for transparent displays and strengthen the export competitiveness of domestic small and medium-sized enterprises, and signed a Memorandum of Understanding (MOU) with the Korea Testing Certification Institute (KTC).

The council includes companies such as LG Display and APS, transparent display panel and material/component and equipment companies, as well as set and content companies. They attended the signing ceremony to share trends in the transparent display market and companies. They discussed ways to solidify the domestic market and cooperate on overseas market development.

The Transparent Display Industry Council taking a commemorative photo after signing a business agreement with the Korea Testing Certification Institute (KTC) /
[Photo by Korea Display Industry Association]

Transparent displays are advanced displays that provide a sense of openness in space and enable effective information delivery. They have high market potential as they can be used not only in TVs and IT devices but also in fields such as architecture, interior design, and mobility. Boston Consulting Group forecasted that the transparent OLED market size will increase from 100 billion KRW last year to 12 trillion KRW by 2030.

The association believes that to expand the transparent display business and increase sales of related companies, product ideas targeting various applications must be discovered and performance and design improved. However, in this process, small set SMEs may face difficulties entering overseas markets and require support.

Accordingly, the council has formed the 'Market Creation Division' and 'Industry Cooperation Division' to discover public-private ideas, develop prototypes, and conduct performance evaluations. They plan to assist across the entire business spectrum including standards and certification, pilot installations, and linking with demand sources. The council chairman will be Kim Chi-woo, Vice Chairman of APS.

Meanwhile, the council signed an MOU with KTC to support obtaining overseas certification standards such as electronic product safety certifications (CB, PSE) and US electromagnetic certification (FCC). Lee Dong-wook, Vice Chairman of the association, said, "The MOU with KTC enables us to support domestic companies’ entry into overseas markets."

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