In 2010, the world display market is expected to reach a growth rate of 13% with the expansion of domestic demand in China.
OLED is the development direction of future displays. Many countries have introduced corresponding industry promotion policies to vigorously promote the development of OLED technology. South Korea, as a large display country, has Samsung, LG and other internationally competitive display manufacturers. In order to seize the future display market, the Korean Ministry of Knowledge Economy has listed the development of the OLED industry as an important development goal in its various development strategies.
The “Korean Green IT National Strategy†published by the Korean Ministry of Knowledge Economy in January 2009 outlined the current state of Korean OLED technology development. The United States, Europe, Japan and other countries are also actively promoting the development of OLED technology that can replace traditional light sources such as incandescent lamps and fluorescent lamps. The United States invests an average of 3 billion U.S. dollars in R&D expenditure each year for the research and development of OLED lighting. It plans to develop an OLED lighting device that will increase its efficiency by 200% by 2012. South Korea is still in the primary stage of research and development of OLED light source core technology.
In this strategy, the Korean government stated that by 2011 it will complete the research and development of OLED lighting core patented technology, promote the use of OLED lighting equipment in 2012, improve the efficiency of electricity use, and reduce electricity consumption by 5 times. The government hopes to create an energy-saving and environmentally friendly next-generation lighting industry through the development of OLED technology and the integration of lighting and IT technologies to increase national competitiveness. It is planned that by 2027, 100% of lighting equipment will be replaced with OLED lighting equipment, energy consumption will be reduced by 15% (30 billion won in street lamps) compared to 2007, and greenhouse gas emissions will be reduced by 6%.
In addition, on May 19th this year, the Korean government launched a new “Display Industry Trends and Solutions†to clarify that the OLED development goal is to become the first country in the world to achieve volume production of AM-OLED display panels by 2013, leading to new The development of a generation of display market. By 2015, Korea will basically enter the era of displays. Let South Korea's domestic display device products and spare parts materials, the market share in South Korea expanded to 70% (current share of 50%).
In the "Display Industry Trends and Solutions," the Korean government has listed the OLED industry as a mid- to long-term development goal. The purpose is to enable South Korea to eventually become the world's first mass production country for AM OLED TVs and OLED lighting panels, and to ensure the competitiveness of core technologies in the next-generation displays such as flexible displays and electronic printing.
To complete the mass production of AM OLED TVs, the Korean government provides strong support for ongoing R&D projects for core production equipment and materials, and will expand to the 8th generation R&D in the future. In 2010, the government invested 75 trillion won to convert the vertical and horizontal coating process of the existing 5.5th generation AM OLED panel into vertical and horizontal connection type process technology. In the same year, another one billion won was invested in the development of core organic materials. Private capital is expected to invest 10 trillion won in 2010-2013 for investment in production equipment for AM OLED panels.
In order to develop a core device that will lead the new generation of environmentally friendly OLED lighting market, the Korean government plans to vigorously promote the development of OLED lighting industry technology. In 2010, KRW 7 billion was invested in the mass production equipment for the 4th generation OLED lighting panel. At the same time, talents were trained as well as the design and development of OLED lighting.
At the same time, the Korean government will provide support for the development of flexible substrates, flexible substrates, process technology, and equipment. In 2010, KRW 10 billion was invested in plastic technology that could replace existing glass substrates for flexible displays, and 2.2 billion won was spent on AM OLED process technology for coating on flexible substrates, while also producing flexible displays such as low-temperature plasma equipment. The equipment is being developed and is expected to form a scale market in 2015.