advanced industry Archives

S. Korea Unveils First 5-year Plan to Nurture Advanced, Strategic Industries

SEOUL, May 26 (Korea Bizwire) — South Korea unveiled its first five-year plan Friday to support a massive investment by private companies in the advanced industries of semiconductors, displays, batteries and bio by extending subsidies, nurturing talents and easing regulations. The plan is meant to help companies in the strategic industries make a planned investment [...]

S. Korea to Invest 13.5 tln Won by 2030 in Chips, Batteries, Other Key Sectors

SEOUL, April 10 (Korea Bizwire) — South Korea will invest 13.5 trillion won (US$10.23 billion) in key industry sectors, including semiconductors, secondary batteries and nuclear power generation, by 2030 to achieve innovative technologies and spur economic growth, the industry ministry said Monday. The government plans to conduct 40 research and development projects in 11 major [...]