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Republic of Korea: KRW 484 billion in state aid to support development of inorganic light-emitting diode technology

Description

On 23 May 2024, the South Korean Ministry of Trade, Industry and Energy (MOTIE) announced providing KRW 484 billion (USD 355.8 million) to support the development of inorganic light-emitting diode tec...

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Intervention Details

Intervention Type

State aid, unspecified

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

01 Jan 2025

Revocation date

31 Dec 2032

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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