The South Korean government announced in 2015, will invest 3,000 billion Korean won (about $ 279 million) to support the research and development of light-emitting diode (LED Lights). Korea Ministry of Knowledge Economy said in a meeting of economic policy adjustment. In order to push the high efficiency led lighting integration and technology development of the LED, the budget support of the total amount of 3,000 billion Korean won will be allocated in the next five years, and to prepare ,and prepare promotion the LED industry to leap forward support strategy.
Known to promote the original core technology development and popularization of LED High Bay lighting in public institutions by the Ministry of focus investment
in the early 2009. A new policy is focused on how to merge the LED technology with existing industries innovatively such as lighting, medical, and other integration and create a more high value-added technology.
The South Korean government put forward that ensure the new market-driven competitiveness and the market creation and consumer reliability, constitute the three major policy task in a industrial ecology of virtuous cycle, the plan to promote high efficiency led lighting integration career to the world’s advanced position before 2015.
Knowledge Economy Ministry combine the LED with IT first, will ensure lighting system that is by individual or central control energy conservation , with tailored lighting of users
psychologically and physically , sterilization and purification function lighting etc new markets competitiveness.
The South Korean government invest 3,000 billion won within 5 years.Separated from the original blue LED,from the diversification of the particular wavelength or full color products , and preparations for the activated LED Plant Factory, the intelligent car headlamp innovative LED industrial base of integration.The South Korean government is also planning to implement rules marked of lighting functions and system of Management evaluation results etc in 2011.
Convenient for consumers to identify products. Also induce a large, small and medium enterprises to strengthen cooperation , also plan to manage high efficiency led lighting Forum in 2011 and provide of the LED Experience Exhibition of technical exchanges between enterprises ,so that can reduce the cost burden of SMEs in the LED lighting certification, structure for a virtuous cycle of industrial ecology .
South Korean government will organize a organization that the tentative name is LED policy agreement ” to help Smooth cooperation of enterprises and develop LED fusion technology . Additionally plan to let 70% building of Sejong City adopt LED lighting. Make the Sejong City mold into the LED Street Lights city ,to invest 10 billion won (about $ 9.29 million ) in 2011 , 60% and scope lighting of the river, 16 reservoirs will be replaced of high efficiency led lighting .
Industry policy officials of Information and Communication Ministry, the Liu Xiugen said that if integrate the force of the government and industry ,in the market of LED lighting and the integration markets formally opened within 1 to 2 years , Korea will be able to ensure the dominant position .