Search results for Korea Display Industry Association
Industry
Semiconductor, battery direct refund scheme in focus ahead of July tax reform plan
A proposed direct refund scheme that would pay out semiconductor and battery investment tax credits in cash has emerged as a key issue ahead of the government’s late-July tax reform plan. South Korea largely relies on corporate tax credits that only apply when companies owe tax, limiting benefits for firms in early loss-making years. Industry groups say this can delay investment and call for U.S.-style refunds. Fiscal authorities are reviewing possible revenue losses.
Industry
Korea Display Association launches full-cycle supply chain checks amid supply worries
The Korea Display Industry Association shared financial support measures for the sector to respond to supply chain instability stemming from the Middle East. It held a briefing in Seoul attended by more than 100 panel and materials, parts and equipment companies. Agenda items included the Supply Chain Stabilisation Fund, the National Growth Fund to be launched this year, export insurance and credit guarantees, and advance review of tax credits. The association also set up a supply chain response centre.
Industry
Korea Display Industry Association invites applications for next-generation display demonstration hubs
The Korea Display Industry Association is inviting open applications for symbolic demonstration hubs aimed at expanding the market for next-generation display technologies. The call targets highly visible locations where international meetings are frequent or where many dignitaries and domestic and foreign visitors gather. The association plans to select 1 site this year and 1 next year, based on suitability, promotional impact and operational capability. Results will be announced in late March.