Taipei, Monday, November 24, 2014 01:05 (GMT+8)
partly cloudy
Taipei
23°C
Digitimes Research: South Korea government to invest nearly US$200 million in local touch panel industry
Ricky Tu, DIGITIMES Research, Taipei [Friday 3 January 2014]

South Korea's Ministry of Knowledge Economy (MKE) will invest in the nation's touch panel industry and has set up a plan that will bump up South Korea's global touch panel market share from 10% in 2012 to 25% by 2015 followed by 35% in 2020, according to Digitimes Research.

MKE aims to achieve these goals by increasing South Korea's self-sufficiency for major components and materials from 2% in 2012 to 15% in 2015 and 30% by 2020, including production of PET film and ITO transparent conductive film products. Investments for researching and developing the technologies in addition to equipment will reach about US$100 million.

South Korea's government will also invest nearly US$100 million in developing 60-inch and above size EPD multi-touch flexible display technology, said Digitimes Research.

MKE is also looking to strengthen relations between its touch panel industry and downstream customers by investing US$22.7 million in medium- to large-size touch panel certification centers in addition to technology training.

Digitimes Research believes that in addition to improving South Korea's touch panel market share, the investments will also help vendors in South Korea's supply chains become more integrated and less reliant on outside suppliers.

Wireless broadband developments in Southeast Asia markets

RESEARCH EXTRAS | Nov 12, 10:53

As of 2013, the 10 ASEAN nations had a total of over 700 million mobile subscriptions, with the CAGR from 2003-2013 reaching 24%, and the share of the global user base rising from 4.9% to a high of 10.6%. This Digitimes Research Special Report analyzes the various...

Trends and forecasts for the China FPD industry, 2014-2017

CHINA FPD | Oct 6, 12:29

With China being the world's IT production center and a country with some of the strongest consumer demand, along with benefits on custom tax, funding, loans, and subsidies provided by the government, China's FPD industry continues to show strong growth. Local...

Taiwan handsets – 3Q 2014

TAIWAN ICT | Nov 20, 10:53

Taiwan's top handset ODM Foxconn Electronics lost a significant amount of feature phone orders from Microsoft Mobile in the third quarter, while the biggest brand vendor HTC also saw a sharp decline in its shipments. But for others in Taiwan's handset sector,...

China smartphone market and industry – 3Q 2014

CHINA SMARTPHONE | Nov 14, 19:21

Looking at smartphone sales in the local China market, under the influence of stagnating sales of international brands, a lack of differentiating features in high-end and high-cost/performance ratio products marketed by China-based makers, and ultra-low-cost...

Taiwan LCD TVs – 3Q 2014

TAIWAN FPD | Nov 14, 15:51

Taiwan's LCD TV manufacturing sector saw mixed performances among its players in the third quarter of 2014, resulting in only slight growth in overall shipments. For the whole of 2014, the Taiwan makers are expected to see a 1.8% growth in shipments, falling...

Wireless broadband developments in Southeast Asia markets
Analysis of China revised domestic semiconductor industry goals
Trends and developments in the OTT market
  • 2014 global high brightness LED market, trends and shipment forecast

    For the global LED lighting market, the market size will reach US$25.82 billion in 2014 or a market penetration rate of 23.4%. This is attributable to exponential shipment growth for light bulbs, tubes, and directional lamps.

  • Greater China touch panel shipment forecast through 2015

    This Special Report provides forecasts through 2015 for Greater China touch panel shipments with breakdowns based on technology (glass, film, resistive), application (smartphone, NB and tablet) and by firm.

  • 2014 global tablet demand forecast

    This report analyzes the main players, their strategies and shipments forecasts for 2014, as well as other factors contributing to either growth or decline in various segments within the tablet market, with a particular focus on Apple, Google, Samsung, and Microsoft, along with whitebox vendors.