Thursday, January 12, 2012

South Korea's ambitious want to be the world's first LED Industry in 2020

South Korea plans to stage 2 upgrade points to 60% penetration rate of LED lighting will drive the 2020 Korean LED lighting accounted for more than 40% value share.

Korea was published in June 2011 " LED light bulbs 2060 Plan", set in 2020 of its LED lighting will reach 60% penetration target.

Following the South Korean government "LED lighting 15/30 universal plan" (since 2006 to promote) after he announced in June 2011 "LED lighting 2060 Plan", which, in 2015 the former Department of LED lighting accounted for the overall share of South Korea will reach 30 % target, the latter in 2020 will reach 60% penetration rate of LED Lighting targets. In addition, according to Ministry of Knowledge Economy Survey, 2010 South Korea is only 2.5% penetration rate of LED lighting.

To speed up the popularization of LED lighting pace, South Korea, LED lighting not only express universal process, but will create a public market, the demand for LED lighting to enhance the civil and construction of universal basic, in order to achieve these goals.

South Korean government in promoting the development of the LED market, especially in promoting policies and mechanisms above, there are some good experience, the South Korean government to create demand first, second, focus on business application capabilities, three focus on sustainable development. And set up four centers to integrate industrial development, such as agriculture, automotive industries. In addition, the South Korean government has been implementing major government-led corporate strategy, together with the bank by the government to provide funds for the enterprise to cultivate a large enterprise groups. The final production of large enterprise groups not only become the main business, the backbone of foreign trade, and is open technology, the introduction of foreign capital, information and intelligence gathering core strength. Attention to applications driving the market. In the early development of high-tech industries, are generally first Korean domestic market as "innovative services and products," the testing ground for the rapid development of high-tech industry and access to international markets play a key driving force.

South Korea made in 2012 "the world's top three LED industry power", the world's first LED industry in 2020. On the one hand, governments and enterprises to vigorously promote LED. Other hand, the lighting industry is largely constituted by SMEs, competitive nature of technology is not enough, will be in the future pay more attention to technology and applications research and development, currently in South Korea in the cheap LED torches business, companies have more than 890.

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