SEOUL, May 18 (Korea Bizwire) — Samsung Display Co., LG Display Co and other South Korean display companies will make a combined investment of over 65 trillion won (US$48.77 billion) by 2027 to secure innovative technologies and reclaim the world’s No. 1 position, the industry ministry said Thursday. The planned investments aim to expand the [...]
SEOUL, Jan. 18 (Korea Bizwire) — South Korea will offer 900 billion won (US$726.86 million) in policy financing to the display industry this year to help fund their investments in advanced technologies and boost exports, the industry ministry said Wednesday. First Vice Industry Minister Jang Young-jin announced the plan as he met with officials of [...]
SEOUL, Mar. 6 (Korea Bizwire) — South Korea’s display firms, which enjoyed record-breaking earnings in 2017, are expected to face bumpy roads during the first half of this year amid weakening global prices for liquid-crystal display (LCD) products, analysts said Tuesday. Industry sources said Samsung Display Co. is set to post weak earnings for the [...]
SEOUL, Sept. 18 (Korea Bizwire) — South Korea’s commerce ministry said Friday it has launched a consortium to develop key technologies of next-generation display technologies. The Ministry of Trade, Industry and Energy said the Korea Display Research Consortium (KDRC), established under cooperation with private firms and institutions, will play a key role in adding vitality [...]