High-tech Strategic Industrial Complex
Chungcheongnam-do is a key hub for the gloval high-tech industry, with Samsung Display located in Asan and 757 SMEs in the backward and forward industries located in Cheonan and Asan, generating $26.7 billion(51.3%) in 2021.
The province already has a supply chain of OLED and QD display materials, components, and equipment companies, as well as front-and back-end industry-academia-government cooperation with display-related departments at 11 adjacent universities.
Additionally, it is maximizing the effect of designating a specialized complex by linking with the existing Display Innovation Process Center and the Display Division Test Bed, and striving to discover new industries by strengthening collaboration with automobiles and semiconductors specialized in the region.
Display Specialized Complex
Aims to create an innovation cluster for the high-tech industries
Benefits
Prioritising the government's research and development (R&D) budget
Training human resources
Supporting innovators and innovation ecosystems such as testbeds
Expediting pre-feasibility studies and approvals
Supporting higher floor area ratios