Yon hap quoted from news reports of South Korean Ministry of Commerce Industry, the South Korean government plans to invest 203 billion won this year (nearly one billion yuan) to promote the semiconductor, display industry, to help enhance the international competitiveness of these industries. Related budget increase of 4% over last year. South Korean Ministry of Commerce Industry pointed out that last year, the global market share in South Korea displays up to 45.9%, even 11 years of leading the world ranking, but in a more market prospects touch screen industry lags far behind South Korea's global market share in Taiwan and China. South Korean government related to the budget this year, 34% will be used exclusively to support the production of semiconductors, displays SMEs, efforts to resolve the problems facing the industry and strengthen its international competitiveness. |
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South Korean Government Intends To Hit 1 Billion To Support