As we reported a few days ago, The Korean government has officially designated five display technologies as "national strategic technologies", which gives tax breaks to display makers and developers.
The five display technologies include three specific display technologies - AMOLED, microLEDs and QD displays, in addition to deposition technologies materials and TFT equipment and materials. As strategic technologies, the government gives generous (30-50%, depending on the company size) tax credits for R&D and 8-16% tax credits for building production lines for materials, equipment or displays. The government is also considering increasing the tax credits for production lines up to 25%.
Posted: Jan 21,2023 by Ron Mertens