The International Meeting on Information Display (IMID 2010) has almost everything ready for it's opening on October 11, 2010, at KINTEX in Ilsan, Korea.
IMID 2010, the largest exhibition in Korea, has been creating a national reputation as the best display conference in the world. It also plays the role of a place to exchange information about the latest trends in information communication, technology and the market.
This international event is doing a lot to commemorate its 10th anniversary, such as trade meetings for foreign buyers, excellent product exhibitions, education centers and exhibition review prizes. IMID 2010 also configures event booths to celebrate IMID's 10th anniversary. Visitors can appreciate the evolution of Korea's outstanding display naturally along the event booths.
The Day of Display is also a notable ceremony during the event. It is significant for Korea since the display industry has been the number one national major export industry and has contributed the most to national economic development in terms of production, exports and employment.
IMID 2010 will hold the first ever "Day of Display" on October 4, 2010, to improve the industry's image and strengthen partnerships for sustainable development. The event is expected to raise public interest and provide unity and solidarity to the display industry. Also, an award will be given to recognize someone who contributed to the display market which will be presented by the Ministry of Knowledge Economy, Korea Display Industry Association and the Korean Information Display Society. The ceremony will be held in the Grand Ballroom of the JW Marriott on October 4.
This will be the largest scale event of it's kind in Korea, with 130 local and foreign companies participating. 300 booths and 60,000 people are estimated to be at the IMID 2010 for effective technical communications and global networking.
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Current Display Industry The display market doesn’t let itself stop growing. In 2009, display market reached USD 91.2 billion and LCD occupied 92 percent of the whole display market. Unsurprisingly, the market is expected to reach USD 115.8 billion this year, which is a 26.9 percent growth from a year ago. The growth of the display market, excluding equipment and materials, has a great scale within the display market. The LCD has a market scale of USD 835 billion, PDP is at USD 44 billion, and OLED is at USD 8 billion. The production amount is currently at KRW 38.9 trillion and the amount of export reached USD 31.4 billion, which is an 8.6 percent increase from 2009. Despite the recession, domestic firms stepped forward with increased investments to respond to recovering demands after the first two quarters and to continuously expand market dominance. The research by Displaysearch and Displaybank in 2009 indicate that Korea has a production percentage of 46 percent in the world. Taiwan produces 33 percent, followed by Japan and China which produce 18 percent and 3 percent respectively. Korea's market share in 2009 shows the great importance of OLED. OLED occupied 82.6 percent while LCD and PDP were 45.8 percent and 52.1 percent respectively. 
During 2005-2009, the OLED display market improved as the use of OLED displays in desktops, monitors, and television sets were highly demanded. The main applications of OLED displays were mp3 players, digital cameras, mobile phones, and other small devices.
In the meantime, market analysts forecast that the revenue of global OLED display market will reach USD 10.65 billion by 2020. Mobile phones will keep the position as OLED's major revenue driver. Korea is the powerhouse of mobile manufacturing and OLED is one of the reasons it is still expanding it's capacity in the display market. The future looks optimistically bright for Korea's display market. |
