However, the government of South Korea has recently proposed a new industrial plan to strengthen the competitiveness of the semiconductor and panel industries through the development of new technologies and localized production. The core of the plan is the 'Gap 5' strategy, and South Korea will maintain the leading industries in emerging markets Five-year economic advantages, while narrowing the gap with advanced countries.
It is reported that the program for the semiconductor industry 'K2 project' will start to develop 1000 times faster, but the power consumption of only one-thousandth of the chip, the study will include the development of new materials and nanoscale process technology. For the panel industry, the Korean government will focus on the development of flexible panels with more than 20% flexibility and print production technologies that reduce material usage by 60% and processing time by half.
South Korea's Ministry of Industry, Trade and Industry is expected to complete the relevant budget and budget process this year, and immediately put the plan on the road.The target is 2022 years ago, South Korea's global system-on-chip market share from the current 3 to 4% expanded to 6% OLED panel exports Grow to 3 times, reaching 25.5 billion US dollars.
Other targets include an increase in the proportion of chip equipment in the area of geotextiles by 2022 from the current 20% to 30% and a 50% increase in the proportion of chip materials to 70%. If the target is reached, Korea will have 8 worlds First, equipment manufacturing companies that have annual revenues of more than 1 trillion won will increase the proportion of panel equipment in the area from the current 70% to 80% and the panel production target in geotextiles from 30% to 50%. After the deal is reached, there will be four of the world's largest related companies in Korea.