On February 8, 2018, South Korean Minister of Trade, Industry and Energy Baek Yun-kyu announced the development strategy for the semiconductor and liquid crystal display industries at the Plaza Hotel in Seoul.
The ministry also launched a semiconductor and liquid crystal display coexistence development committee composed of 20 industrial companies, academic and research professionals. Heads of corporate groups such as Samsung Electronics, SK Hynix, Samsung LCD, LG Display, and small and medium-sized material and equipment suppliers participated in the event.
白 said: "In the fourth industrial revolution, new markets for memory chips and display industries are opening up. The government will actively help develop technologies that can peek into the future market, train professionals, and realize the cooperative relationship between large enterprises and small and medium-sized enterprises."
Local semiconductor and large-scale display businesses have pledged to make large-scale investments of more than 80 trillion won (73.33 billion U.S. dollars).
Specifically, by 2021, Samsung Electronics will invest 20.4 trillion won (US$18.7 billion) in the semiconductor field, and by 2024, SK Hynix will invest 31 trillion won (US$28.41 billion).
For organic light-emitting diodes (OLED), Samsung LCD and LG Display will invest 14 trillion won (US$12.83 billion) in 2019 and 15 trillion won (US$13.75 billion) by 2020, respectively.
These companies will put the increase in the proportion of equipment and materials localized in an important position in order to develop technology and market.
Their goal is to increase the localization ratio of semiconductor equipment and materials from 20% in 2017 to 30% in 2022, from 20% to 70%, and to increase the proportion of equipment and materials from 70% and 30% to 80% respectively. % And 50%.
To this end, these companies will develop technologies to develop new materials that are more efficient than silicon in the field of memory chips such as silicon carbide (SiC), germanium germanium telluride (GST) and gallium nitride (GaN).
This is the so-called "Semiconductor 2K Project". The new material developed has 1000 times higher performance and 1000 times lower power consumption.
In addition, it will also strengthen the research and development of neuromorphic chip technology that simulates the structure of the human brain, and apply Internet of Things (IoT) devices and Internet of Things technology to artificial intelligence (AI) edge computing technology.
For the liquid crystal display industry, these industries will develop a printing production system that can rebuild more than 20% on flexible liquid crystal displays, and reduce material usage by 60% and processing time by 50%.
Large companies and small and medium-sized enterprises will also strengthen cooperation. The government will help increase the number of small and medium-sized material and equipment manufacturers from 3 in 2017 to 8 in 2022, reaching a total of 2 trillion won (1.83 billion won) by 2022. Dollar).
The government will support financial loans worth more than 1 trillion won (91659 million U.S. dollars), such as technology development and facility expansion between partner companies, and payment of bills, and train 2,000 professionals who match masters and doctorates, worth 200 billion South Korean won (18.332 billion U.S. dollars) "Semiconductor Growth Fund".
Park Young-sam, head of the electronic components department of the Ministry of Trade, Industry and Energy, said: “The government will help solve a virtuous circle, guide domestic investment to solve investment mistakes, create good employment opportunities, and invest. We will also establish a new start-up support next year. The plan is to prevent the outflow of professionals and create jobs in the fields of memory chips and liquid crystal displays."
