South Korea estimates the next 10 years, LED, semiconductor, panel and other types of equipment industry will grow by an average annual growth rate of 5.9%, to 2018 will reach $574 billion 500 million market size. However, many of the core technologies of these devices are still dominated by foreign companies, and the proportion of Korean companies is limited. In view of this, the Ministry of knowledge economy of the Republic of Korea to develop 8 types of industrial development strategy.
LED TV, South Korea in the lighting industry is the rapid development, but the MOCVD machine upstream of LED epitaxy process required almost rely on imports, in order to get rid of the situation and ensure the future of Korea in key industries to maintain growth in unit capacity, development strategy, set out in 2010~2012 3 years to invest 50 billion won ($44 million) R & D funds, for the promotion of MOCVD equipment, the introduction of homemade process automation systems, and high-speed packaging / testing equipment development, target to reach 50% in 2013 china.
South Korea's Ministry of knowledge economy estimates, with the localization of the MOCVD machine, by 2013 to produce 120 billion won import substitution effect. But it began in 2011 2012, LED industry is still in the doldrums, the adjustment of excess capacity, inventory status, expected 2012 LED industry production will reduce the amount of procurement of equipment, plus China, local government procurement industry MOCVD Machine Subsidy plan ended 2012 South Korea MOCVD machine industry development of new orders is limited, whether to achieve the above goal for localization of the Ministry of knowledge economy, it remains to be seen.
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