The South Korean Minister of Trade and Energy said that Korea's longtime display leadership is increasingly being challenged by Chinese and Japanese companies, and Korea needs to stay competitive - specifically in the OLED industry.
The Korean government is planning to expand tax benefits, cut tariffs and offer administrative support to Korean companies (mainly LG, it seems) to make sure Korea's OLED leadership is maintained. The Minister is also urging closer collaboration between LGD and Samsung Display - to create an OLED ecosystem that will cover all aspects of the OLED industry - from materials to finished panels.
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Posted: Oct 13,2015 by Ron Mertens
