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South Korea LED lighting industry to promote low-carbon green energy

Has significant energy saving and environmental protection significance of the LED industry has been the South Korean government attaches great importance to. In 2008, South Korea proposed the "low carbon green growth" as the future of the national strategy, and the LED industry as a focus to promote the field. Large enterprises to participate in the formation of capacity LED lighting industry in Korea in recent years has been rapid development, which stems from the South Korean government to promote policies and mechanisms.

South Korea is a resource poor country, about 97% of the energy dependence on imports, energy shortages and rising oil prices restrict the economic and social development of South korea. Energy saving has become one of Korea's most important national strategies. As a result, a significant energy saving and environmental protection of the LED industry has attracted much attention of the South Korean government.

In 2008, South Korea proposed the "low carbon green growth" as the future of the national strategy, and the LED industry as a focus to promote the field. Large enterprises to participate in the formation of capacity LED lighting industry in Korea in recent years has been rapid development, which stems from the South Korean government to promote policies and mechanisms.

The South Korean government has been under the leadership of the government to implement the strategy of large enterprises, through the government and the bank together to provide funds for the development of large enterprise groups. In the end, the large enterprise group is not only the main body of production and management, but also the core of foreign trade.

South Korea's lighting industry has long been the protection of small and medium enterprises. However, with the LED semiconductor as a key component, Samsung Group and LG group and other large enterprises have set foot in the lighting market. Since 2010, the Pohang iron and Steel Group, led by a large iron ore producer, has an advantage in oil refining and communications SK group also said to be involved in the market. Through large-scale investment in large enterprises, such as the South Korean short time LED chip manufacturing and other upstream supply chain jumped to second place in the world.

In the manufacture of lighting equipment and other downstream industries, in addition to these large enterprises, the risk of the company has also been set up, small and medium enterprises to enter the overseas market has shown a positive attitude. Engaged in LED lighting business in South Korea's companies have about 900, Samsung Electronics (belonging to LED lighting appliances division), LGInnotech, Seoul and other three world-class semiconductor manufacturers, has entered the world's top five revenue LED.

South Korea's next goal is to fight for the first place in the global LED industry in 2020. Efforts to promote the popularization of industrial development LED lighting penetration rate is the key to the development of LED lighting industry.

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