Taipei, Friday, May 27, 2016 22:27 (GMT+8)
Digitimes Research: Korea to ramp PWM IC production value to US$10 billion by 2022
Ricky Tu, DIGITIMES Research, Taipei [Friday 11 July 2014]

Korea plans to invest KRW323 billion (US$320 million) in R&D to ramp up the production value of its power management ICs (PWM ICs) to US$10 billion by 2022 with a 14% global market share, according to Digitimes Research.

Under Korea's Ministry of Trade, Industry and Energy (MOTIE), the government has mapped out a plan to develop high-efficiency power supplies and related technologies for PWM ICs, with participants including Samsung Electronics and LS Industrial Systems.

The PWM IC development project will also focus on two major segments: market-oriented applications and core technologies, with a R&D budget of KRW195 billion and KRW100 billion, allocated for the two sectors respectively.

Development of electric car applications under the market-oriented sector alone will account for KRW78 billion.

For the core technologies, the project will call for developments of related technologies and components for insulated gate bipolar transistors (IGBT) and metal-oxide semiconductor field-effect transistors (MOSFET).

Content from this article was part of a complete Digitimes Research Chinese-language report that has not yet been translated into English. If you are interested in an English version of the report or wish to receive more information about the report, click here to contact us and we will get back to you as soon as possible. Digitimes Research also provides quarterly tracking services for market sectors such as Global Tablet, China Smartphone, China Smartphone AP, Taiwan ICT and Taiwan FPD. Click here for more information about Digitimes Research Tracking services.