May 31, 2012

South Korea Funds Graphene Commercialization

South Korea has approved a roadmap for graphene commercialization with $200 million budget for the next 6 years.
They are also looking at a research institute that they would fund with $200-300 million per year.

Korean government has approved a plan for commercializing graphene technologies, including;
1) graphene-based touch panels
2) organic light-emitting diodes (OLEDs)
3) electro-chromic smart windows
4) secondary batteries for electronic vehicles
5) high-voltage high-power supercapacitors
6) ultra-light and strong composites
7) high-performance gas barrier films,
8) electro-magnetic interference shielding, and
9) environmentally friendly anti-oxidation steel plates.

These items have been carefully selected considering economic efficiency and technological feasibility. In addition, Korea is also planning a “Korean Graphene Hub” project that is focusing on the fundamental sciences of graphene and related 2D materials, separately.

$200 million budget for 6 years. (Part private and part government money)

Europe is currently in a pilot project for graphene which could become a 1 billion euro over ten year flagship project.

40 page presentation (looking at major revenue in the 2019-2025 timeframe)

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