Korean Government Will Look Over 3D Broadcast

The government will inject a massive amount of investment to 3D Research and Development sector to get hold of the 3D market. A total of US$35 billion will be spent on 3D R&D and more investment is to be expected if includes the money in the private sector. The fact that the three main ministries -- Korea Communications Commission, Ministry of Knowledge Economy, Ministry of Culture, Sports, and Tourism -- cooperating on 3D development is unprecedented and foreshadows a sensational hit in the 3D market this year.

According to these three ministries, on the fourth of this month, they will come up with a comprehensive plan that is targeted to expanding 3D market in South Korea. More specifically, this grand plan entails that Korea Communications Commission will inject US$5 billion to focus on the research of technological elements that allows the transmission of 3D to public TV. Ministry of Knowledge Economy will concentrate on the development of broadcasting equipments and display panels that requires a spending of US$10 billion. Lastly, Ministry of Culture, Sports, and Tourism will research on the transfer of 2D contents into 3D and plan to develop 3D camera league technology that connects two cameras; all these research and development is expected to require around US$20 billion.

The focal point in these large amounts of investment by the government on R&D of 3D technology is to dominate the 3D market in advance. The outlook on the 3D market is bright and seems to be growing at a rapid rate. Recently, Sony has hold hands with FIFA and the Olympics will be relayed by 3D and also with the rise of 3DTV the whole nation is expected to broadcast 3D in the future.

By Bang Jung-hyun, Korea IT Times