The Korean Ministry of Trade, Industry and Energy is funding a new five-year project that aims to develop microLED display technologies in Korea, to support research at small and medium-sized enterprises and providing services for the industry such as consulting, patent development, and product commercialization strategy programs.
There are four participating organizations in the new project: Electronic Display Industrial Research Association of Korea, Korea Photonics Technology Institute, Korea Electronics Technology Institute, and Korea Automotive Technology Institute. The total project's budget is 18.3 billion Won ($14.8 million USD).