MicroLED Patent Competition: South Korea Ranks First in the World

According to recently released data from the Patent Office, South Korea has emerged as the global leader in the number of patents registered for the next-generation display technology, MicroLED. This result strongly suggests that South Korea may lead the future competition in display technology.

South Korea’s Overwhelming Patent Numbers

The Patent Office report revealed that South Korea holds the top position with 1,567 patents, accounting for 23.2% of the total, based on an analysis of MicroLED technology patents over the past ten years. Japan follows with 1,360 patents (20.1%), with China in third, the United States in fourth, and the EU in fifth.

Corporate Rankings

In terms of patents by company, South Korean companies dominate the top spots. LG Innotek leads with 404 patents, followed by Samsung Electronics, Japan’s Semiconductor Energy Laboratory, and Samsung Display. The proactive patent applications by these companies support South Korea’s technological prowess.

Rapid Growth in China

Noteworthy is the growth rate of patent applications from China. Over the past decade, China’s patent applications have increased by an average of 37.5% annually, a significantly higher growth rate compared to South Korea’s 4.4%. This suggests an intensifying technological competition between South Korea and China in the coming years.

Features and Applications of MicroLED

MicroLED technology significantly advances conventional LED display technology. By miniaturizing the components to as small as 10 micrometers, it allows for ultra-thin, high-resolution displays with lower power consumption. Consequently, it is a crucial technology for cutting-edge wearable devices such as smartwatches and VR/AR headsets.

Conclusion

South Korea’s number one position in MicroLED technology patents highlights the country’s technological capabilities and research and development achievements. However, China’s rapid growth is also a critical factor, drawing attention to how the technological competition will unfold. MicroLED technology will be central to future display technologies, making it an area to watch closely.

This patent information reflects the intense development and competition in technology. It will be crucial to monitor future trends and formulate appropriate intellectual property strategies.

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