The Korean Ministry of Trade, Industry and Energy (MTIE) has announced that it will allocate 38.7 billion Won (about $26.5 million USD) to support the Korean display industry and help it maintain its competitiveness, especially against competition from China.
The main goal of this new award is to support Korea's OLED and MicroLED display industry. The support will target small and medium-sized enterprises, large corporations and universities and research institutes. The government announced 40 types of projects that will be awarded funds, including novel OLED technologies, AR/VR technologies, microdisplays, and lightfield OLED displays. These are all R&D projects with a time frame of 1-4 years.
Posted: Feb 08,2025 by Ron Mertens
