The South Korean government awarded the Silver Tower Industrial Medal to Lee Gi-seung, CEO of Sekyung High-Tech, for his efforts in increasing the localization rate of display materials, components, and equipment.
On September 17, the Ministry of Trade, Industry and Energy held the 17th Display Day ceremony at the Lotte Hotel World in Jamsil, Seoul, in collaboration with the Korea Display Industry Association. Display Day was established to commemorate the achievement of $10 billion in panel exports in October 2006, and the annual event has been celebrated since 2010.
This year, 36 individuals who contributed to the development of the display industry were recognized. Lee Gi-seung received the Silver Tower Industrial Medal for his contributions to enhancing the localization rate of materials, components, and equipment, as well as for his role in designating the display industry as a national advanced strategic technology.
The Presidential Citation was awarded to Yoon Ji-hwan of Samsung Display for leading the development of the world's first quantum dot organic light-emitting diode (QD-OLED) technology and contributing to market expansion and supply chain collaboration. QD-OLED is a next-generation display technology that combines a blue self-emissive source with a quantum dot color conversion layer to achieve accurate colors.
The Prime Minister's Citation went to Hwang Sang-keun, Executive Director of LG Display, and Lee Jae-hyuk, CEO of ELP. Executive Director Hwang was recognized for expanding exports of domestic panels in the global market and leading the premium market. CEO Lee contributed to the localization of inspection equipment over 34 years and the self-reliance of next-generation extended reality (XR) equipment technology.
The Ministry plans to strategically and systematically promote research and development based on future display demand. It aims to identify technology and process innovation tasks in five key technology candidate groups: digital life, mobility, human interface, public/media, and sustainability, through expert meetings.
Lee Min-woo, head of the Industrial Growth Office at the Ministry, stated, "The reason K-Display has maintained its global leadership amid fierce competition for technological supremacy is due to the hard work of industry professionals. The government will fully support technological innovation, new market creation, and ecosystem strengthening in the display industry to achieve an irreplaceable competitive edge."
* This article has been translated by AI.
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