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Industry Report

Industry reports, briefs issued by Samsung Economic Research Institute

Raising Korea's Flat Panel Display Industry

Raising Korea's Flat Panel Display Industry

PARK Sung-Bae

Aug. 18, 2006

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Over the last six years since 2000, the flat panel display has grown to a major item driving Korea's export industry. Their total domestic production was worth 2.9 trillion Won in 2005, more than a double of the 1997 output worth 1.3 trillion Won, rising at the annual rate of 46%. From 2002, their domestic production figure surpassed the domestic production of memory chips. The flat panel display industry contributed 4.3% to GDP growth in 2000-2005, much higher than 1.9% contribution made by memory chips in the same period.


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