South Korea prepares to promote LED industry support policy

The South Korean government announced that it will invest 300 billion won (about 279 million US dollars) to support research and development of light-emitting diodes (LEDs) by 2015. The South Korean Ministry of Knowledge Economy said in the Economic Policy Adjustment Conference that in order to promote the development of LED industry integration technology, a total budget of 300 billion won will be provided in the next five years, and a support strategy to promote the LED industry to leap forward will be prepared. At the beginning of 2009, the Ministry of Knowledge and Economy focused on investing in the development of core original technologies and popularizing LED lighting to public institutions. The new policy focuses on how to integrate LED technology creatively with existing industries such as lighting and medical care to create more High value-added technology. The South Korean government has proposed three major policy tasks to ensure the competitiveness of the new market, ensure market creation and consumer trust, and constitute a virtuous cycle of industrial ecology. It plans to push the LED lighting integration business to a global advanced position by 2015. The Ministry of Knowledge and Economics first combines LED and IT to ensure the competitiveness of new markets such as system lighting that can save energy through individual or central control, lighting tailored to user psychology and physiology, and lighting with sterilization and purification functions. The South Korean government invested 300 billion won in five years, separated from the original blue LED, diversified special wavelength or full-color products and other technologies to prepare for the creative LED fusion industry base that can activate LED plant factories and smart car headlights. The South Korean government also plans to implement a lighting function labeling system and an after-the-fact management evaluation result system in 2011 to facilitate consumers to identify products. At the same time, it will also intensify the cooperation relationship between large and medium-sized enterprises. It plans to operate the LED industry forum in 2011 and provide LED comparison experience exhibition halls for technical exchanges among enterprises, which can reduce the cost burden of SMEs in LED lighting certification. A virtuous cycle of industrial ecology. The South Korean government will also organize an organization tentatively named "LED Policy Agreement" to assist companies in the successful development of LED fusion technology. In addition, 70% of the Sejong City Building will use LED lighting to shape Sejong City into an LED city, and will invest 10 billion won (about 9.29 million U.S. dollars) in 2011 to replace 60% of the landscape lighting of 4 major rivers and 16 ponds. LED lighting. Liu Xiugen, director of the Information and Communication Industry Policy Department of the Ministry of Knowledge and Information, said that if the power of the government and industry is assembled, South Korea will ensure its superior position in the LED lighting and integration market that is officially launched within one to two years.  

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