Chungnam Province, First Step in Fostering the 'Electroluminescent Display' Industry

The first step has been taken in Chungnam Province's plan to foster the inorganic light-emitting display industry.

On the 2nd, Chungnam Province announced that the project "Inorganic Light-Emitting Display Technology Development and Ecosystem Establishment" has been finally confirmed as a target for preliminary feasibility study.

Jeon Hyung-sik, Deputy Governor for Political Affairs of Chungnam Province, holds a press conference on the 2nd at Chungnam Provincial Office regarding the confirmation of the preliminary feasibility study for the project "Development of Electroluminescent Display Technology and Ecosystem Establishment." Photo by Chungnam Province

Earlier, the Ministry of Trade, Industry and Energy selected Asan Tangjeong Techno General Industrial Complex as the project site last August.

Chungnam Province expects that if the inorganic light-emitting display-related project passes the preliminary feasibility study, a budget of 950 billion KRW, the largest ever among social overhead capital (SOC) projects, will be invested in Asan Tangjeong Industrial Complex.

Based on this, Chungnam Province plans to foster the local display industry in connection with the national advanced strategic industry specialized complex.

In collaboration with Asan City, Korea Photonics Technology Institute, Korea Electronics Technology Institute, Chungnam Technopark, and the Display Industry Association, the core plan is to establish an Inorganic Light-Emitting Display Smart Modular Center on a 6,400㎡ (1,936 pyeong) site in Asan Tangjeong Industrial Complex, with a building area of 4,000㎡ (3,000㎡ cleanroom and 1,000㎡ technology support building).

Inorganic light-emitting displays are considered the world's top new technology that compensates for the weaknesses of organic light-emitting diodes (OLEDs), which are vulnerable to oxygen and moisture, and can realize high reliability, high brightness, and long lifespan even in solar environments.

The Ministry of Trade, Industry and Energy plans to invest 790.5 billion KRW in technology development and 159.5 billion KRW in infrastructure creation, totaling 950 billion KRW in the inorganic light-emitting display field from 2025 to 2032. The national government budget accounts for 700.1 billion KRW of the total project cost.

Jeon Hyung-sik, Deputy Governor for Political Affairs of Chungnam Province, said, "If the inorganic light-emitting display-related project passes the preliminary feasibility study, Chungnam will establish itself as the center of the domestic display industry," adding, "Based on this, Chungnam Province will lead related industries and economic development by converging future new industries such as urban air mobility (UAM), semiconductor packaging, and autonomous vehicles beyond the display industry."

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