Recently, Seoul, the capital of South Korean, has announced the plan to install more LED lighting in public places, and encourage private sectors to further expand the scope of installation. All municipal government offices and public places including subway stations and streets are planned to use LED lighting in 2018. This plan aims to reduce energy consumption and aid the LED lighting industry. Seoul government also said that the plan will expand to private sectors in 2030. It is estimated that nearly 800000 units of LED light will be installed in the public sectors ...

Samsung is reported to stop production of CCFL LCD TV, which uses fluorescent lamp as the TV backlight, and will only manufacture LED TV. Since it entering the market in 2009, LED TV has been the high-end choice in the TV market, but its high cost prevents its popularity from further increasing. In a nod to it, Samsung will be actively pushing its direct-type LED TV in 2012 in the hope of increasing LED TV’s penetration rate.   Korean New LED TV Price  on Par With CCFL TV, LED Penetration Rate to Exceed 70% in 201...

The South Korean steel industry giant POSCO announced to participate in the LED Industry. The new venture's headquarters will be in Seongnam, Gyeonggi Province. The new company is comprise of POSCO ICT (63.3 percent), the IT and engineering arm of POSCO steel, POSCO Steel (16.7-percent) and Seoul Semiconductor (20 percent).And  POSCO ICT CEO Hur Nam-suk will have leadership responsibility for the venture.