Shortcut to Body Shortcut to main menu

Display Industry

Display

Korea, Leading
the Next-Generation OLED Market
and Technology

Top Position in the Display Industry for 20 Years

Since 2004, Korea has maintained a top-tier position in the global display industry. Notably, in the next-generation OLED sector, Korea leads the world with a dominant market share of 74.2% as of 2023.

Korea’s Stable Display Industry Ecosystem

The Korean display industry has an organic industrial ecosystem linking the nation's major panel producers (e.g., Samsung Display and LG Display) and manufacturers of materials, parts and equipment and is also known for its export-oriented global supply chain.

Foreign-Invested Companies
Successfully Operating in Korea

The growth of Korean panel companies since 2000 has attracted many foreign companies to
enter Korea especially in the fields of parts, materials and equipment as the domestic base is comparably weak.
  • Increased Tax Deduction on
    R&D and Facility Investment
    Introduced to Boost
    Investment

    The Korean government is providing various types of support, including a tax credit for R&D expenses in the display field and for facility investment.

  • Quota Tariffs Introduced to
    Stabilize the Supply Chain

    The Korean government is operating a quota tariff system to strengthen industrial competitiveness and facilitate the supply and demand of goods.

  • Display Clusters In Korea

    In Korea, display panels are mostly produced in clusters in Asan, Chungnam, where Samsung Display is located, and in Paju, Gyeonggi, where LG Display is located.

PM

Dongyoul Park

Key Industries Promotion Team

Investment Success Story

close

[Company A]

Company A is a global innovator in advanced materials, specializing in displays, mobile technology, ceramics, and optical fiber. To apply next-generation process technologies, the company plans to invest in upgrading its production facilities at its Asan plant in Chungcheongnam-do by 2025. This investment, amounting to approximately USD 110 million, is expected to enable the domestic production of higher-quality mobile device displays upon completion.

Recommendation on Locations

close

Industrial Complex Information

Asan 2nd Techno Valley General Industrial Complex

Initial designation date 2010.12.28
Designated area(m2) 1,200,443
Management Chungcheongnam-do Asan City
Nearby Railway Pyeongtaek Station
Distance from station(km) 13
Nearby Airport Cheongju International Airport
Distance from airport(km) 60
Industrial waterSupply capacity(ton/day) 3915(㎥/day)
Affiliation local government Chungcheongnam-do Asan City
Population 313,871
close

Industrial Complex Information

Sinchon General Industrial Complex

Initial designation date 2007.10.01
Designated area(m2) 189,797
Management Gyeonggi-do Paju City
Nearby Railway Haengsin Station
Distance from station(km) 27
Nearby Airport Gimpo International Airport
Distance from airport(km) 30
Industrial water Supply capacity(ton/day) 233(㎥/day)
Affiliation local government Gyeonggi-do Paju City
Population 459,158
close

Industrial Complex Information

Tanhyeon General Industrial Complex

Initial designation date 2000.12.19
Designated area(m2) 122,871
Management Gyeonggi-do Paju City
Nearby Railway Munsan Station
Distance from station(km) 8
Nearby Airport Gimpo International Airport
Distance from airport(km) 37
Industrial water Supply capacity(ton/day) -
Affiliation local government Gyeonggi-do Paju City
Population 459,158
close

Industrial Complex Information

Sinchang Agricultural Industrial Complex

Initial designation date 1987.08.20
Designated area(m2) 56,040
Management Chungcheongnam-do Asan City
Nearby Railway Shinchang Station
Distance from station(km) 4
Nearby Airport Cheongju International Airport
Distance from airport(km) 59
Industrial water Supply capacity(ton/day) -
Affiliation local government Chungcheongnam-do Asan City
Population 313,871
close

Industrial Complex Information

Gumi National Industrial Complex (2,3,4, Expansion Complex)

Initial designation date 1977.04.22
Designated area(m2) 16,651,936
Management Korea Industrial Complex Corporation
Nearby Railway Gumi Station
Distance from station(km) 11
Nearby Airport Daegu International Airport
Distance from airport(km) 51
Industrial water Supply capacity(ton/day) 72327
Affiliation local government Gyeongsangbuk-do Gumi City
Population 416,551
close

Industrial Complex Information

Jeungpyeong 2nd General Industrial Complex

Initial designation date 2009.11.20
Designated area(m2) 702,807
Management Chungcheongbuk-do Jeungpyeong County
Nearby Railway Jeungpyeong Station
Distance from station(km) 6
Nearby Airport Cheongju International Airport
Distance from airport(km) 17
Industrial water Supply capacity(ton/day) 3,348(㎥/day)
Affiliation local government Chungcheongbuk-do Jeungpyeong County
Population 81,949

Services

Invest KOREA provides services support your investment journey.

Find Nearby Invest KOREA Offices

Discover nearby offices for Convenient access in your area

Go to Overseas Office Site