Korea Announces OLED and Flexible Focus in R&D Budget

The Korean government will put more than double the money towards OLEDs and flexible displays in 2015 than it did this year. The Korea Evaluation Institute of Industrial Technology has announced a KRW12.5 billion ($11.2 million) budget for display R&D.

There will be nine subjects covered by the new R&D budget. ‘Development of core technology’, which covers OLED and flexible display developments, takes the largest portion (KRW2 billion ($1.8 million)). Among the areas to be researched will be heat-resistant OLEDs for automotive use, access materials for flexible display modules and mass-refinement technologies for organic materials. 3D holographic recording materials and a film that can increase LCD displays’ colour gamut will also be researched.