2014년 1월 18일 토요일

KOREA DISPLAY MARKET INFORMATION

The display industry creates high added values of downstream industries and many jobs, since it needs various parts and materials. Home to strong upstream industries including Samsung Electronics and LG Electronics, well-known for its strength in LCD TVs and mobile devices, Korea is well-positioned to develop in the display sector as well based on its solid industrial foundation.
1. Market Size
Japanese companies led initial technological development in the LCD upstream industry in the 1990s. But since 2000, Samsung and LG have made bold investments, and now the two companies are leading the global market. Four northeastern countries (Korea, Taiwan, Japan, China) are actively nurturing the display industry as their national strategic industry, and they are the only countries producing LCD.
The LCD upstream market stood at USD 88.7 billion in 2008 and has decreased to USD 71.7 billion due to the global recession. But with the market bouncing back, it is expected to grow to the 2008 level by 2014.
2. Major Corporate Players
Major manufacturers by country: Korea (Samsung, LG Display), Japan (Sharp, IPS Alpha, TMD, NEC, Hitachi, Fujitsu, Epson, Sony), China (BOE-OT, SVA-NEC, IVO, Century, Tianma), Taiwan (AUO, CMO, CPT, Hannstar Innolux, Prime View)
3. Status of Korea's Display Industry
Korea is home to the two largest LCD manufacturers in the world - Samsung Electronics and LG Display - which are also world??s top 2 LCD TV brands. Korea??s LCD modules record KRW 35-40 trillion of annual revenues.
4. LCD Industry Clusters
Five clusters (Paju, Giheung, Tangjeong, Cheonan, Gumi) have been established, and among them, Paju (LG Display) and Tangjeong (Samsung) are equipped with the newest facilities.
ClassificationPajuTangjeong
Distance to major facilities or placesIncheon International Airport164km50km
Ports30km (Pyeongtaek, Dangjin)50km (Incheon)
Seoul85km35km
Seoul Station34 minutes (KTX), 90 minutes (automobiles)60 minutes (automobiles, railroads)
Water supplyDaecheong DamPaldang Dam
Cities in the vicinityCheonan, AsanIlsan
Institutions for higher educationCheonan (8), Asan (4) 
StrengthsLocated at the center of KoreaAdjacent to Seoul
WeaknessesDistance from SeoulAdjacent to the military demarcation line (psychological issues)
5. Investment by Foreign Companies
CompanyLocationInvestment typeProductsRemarks
Samsung Corning Precision MaterialsCheonan, GumiJoint venture (JV)Glass, ITO, TargetJV of Corning (U.S.), Bokwang, Samsung Corning
NEG (Nippon Electric Glass)PajuJVGlassEstablished a JV (PEG) with LG display
AGC (Asahi Glass Corp.)GumiDirect Investment (DI)Glass 
ASI (AvanStrate Inc.)PyeongtaekDIGlassFormer NHT
MerckPyeongtaekDILC 
ChissoPyeongtaekDILC, OvercoatChisso Korea
Dongwoo Fine-ChemPyeongtaek, IksanDIEtchant, Stripper, Photo ResistJapan's Sumitomo Chemical owns 100% of shares
AZEMAnseongDIDeveloper, Thinner, Photo ResistAZEM Korea
Hantok ChemicalsUlsanJVDeveloperJV of Japan's Tokuyama and Samsung Fine Chemicals
NikkoPyeongtaekDIITO TargetNikko Materials Korea
Mitsui MiningPyeongtaekDIAl TargetMitsui Metal Korea
Ulvac MaterialsPyeongtaekDIMo TargetUlvac Korea
TOKPajuJVResin BMJV with Cotem
Nissan ChemicalPyeongtaekDIPiNCK
Air Products (AP)Gumi, UlsanDIGasAir Products Korea
Air LiquideYeosuDIGasAir Liquide Korea
Fuji FilmSeoulDITACFuji Film Electronic Materials Korea
Toray Advanced MaterialsGumiJVDiffusion FilmJV of Japan's Toray and Korea's Saehan
3MNajuDIPrism FilmPost-processing
Teijin DupontSeoulDIReflection FilmDupont
LG MMAYeocheonJVPMMAJV of LG, Nippon Catalyst, Sumitomo Chemical
Mitsubishi RayonDaesanJVPMMAJV with Daesan MMA
Bayer Sheet KoreaGimhaeDIDiffusion PlateAcquisition of Sewon Precision Industry