President Moon vows to build S. Korea into world's strongest display powerhouse
- 5 years ago
Samsung Display has agreed to invest nearly eleven billion U.S. dollars into South Korea's next-generation display industry through 2025,... and help localize technologies related to parts, materials, and equipment.
The decision was welcomed on Thursday by President Moon Jae-in,... who described it as the start of strengthening South Korea's display industry into one that no country will dare challenge.
An event celebrating the investment was held this morning at a Samsung Display factory in Chungcheongnam-do Province.
President Moon promised the government will make efforts of its own,... by injecting more than 334-million dollars into the sector over the next seven years.
He added the government will fully support the development of key parts used in OLED equipment,... and boost the exchange of parts and materials between smaller companies.
The decision was welcomed on Thursday by President Moon Jae-in,... who described it as the start of strengthening South Korea's display industry into one that no country will dare challenge.
An event celebrating the investment was held this morning at a Samsung Display factory in Chungcheongnam-do Province.
President Moon promised the government will make efforts of its own,... by injecting more than 334-million dollars into the sector over the next seven years.
He added the government will fully support the development of key parts used in OLED equipment,... and boost the exchange of parts and materials between smaller companies.