[High-tech LED News] South Korea plans to ban production and sales of incandescent lamps from 2014. At present, South Korea has introduced a subsidy policy for LED bulbs. The Korean government plans to increase the LED lighting penetration rate to 60% by 2020.
The Korean Ministry of Knowledge Economy pointed out that since 2008, the Korean government has been supporting emerging industries to accelerate the penetration of LED lighting in the home, business and public sectors. At present, among the lighting systems of government departments and state-owned enterprises, LED lighting accounts for 14%; in public institution lighting systems, LED lighting accounts for 8%; in traffic lights, LED lamp coverage has exceeded 90%.
South Korea has become the world's second largest LED producer in 2010. According to statistics, in 2010, Korean LED manufacturers sold more than 6.9 trillion won ($6.35 billion), double the number in 2009 and three times that of 2007.
The Korean Ministry of Knowledge Economy pointed out that since 2008, the Korean government has been supporting emerging industries to accelerate the penetration of LED lighting in the home, business and public sectors. At present, among the lighting systems of government departments and state-owned enterprises, LED lighting accounts for 14%; in public institution lighting systems, LED lighting accounts for 8%; in traffic lights, LED lamp coverage has exceeded 90%.
South Korea has become the world's second largest LED producer in 2010. According to statistics, in 2010, Korean LED manufacturers sold more than 6.9 trillion won ($6.35 billion), double the number in 2009 and three times that of 2007.
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