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Display Industry
Korea, Leading
the Next-Generation OLED Market
and Technology
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 EcosystemThe 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
enter Korea especially in the fields of parts, materials and equipment as the domestic base is comparably weak.
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Increased Tax Deduction on
R&D and Facility Investment
Introduced to Boost
InvestmentThe Korean government is providing various types of support, including a tax credit for R&D expenses in the display field and for facility investment.
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Quota Tariffs Introduced to
Stabilize the Supply ChainThe Korean government is operating a quota tariff system to strengthen industrial competitiveness and facilitate the supply and demand of goods.
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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.
Dongyoul Park
Key Industries Promotion Team
+82-2-3460-7726
andypark@kotra.or.kr
Investment Success Story
[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
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 |
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 |
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 |
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 |
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 |
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 |