Advanced Technology Archives

Science Minister Nominee Vows to Renovate R&D System to Better Develop Advanced Technologies

SEOUL, Jul. 19 (Korea Bizwire) — Science minister nominee Yoo Sang-im on Friday vowed to make every effort to revamp South Korea’s research and development system to help the country take a global lead in advanced technologies. “We need to focus on restoring and securing technological sovereignty at a time when global powers are competing [...]

S. Korea to Invest 2.2 Tln Won in Advanced Factory Clusters Through 2028

SEJONG, Sept. 18 (Korea Bizwire) — South Korea plans to invest around 2.2 trillion won (US$1.65 billion) through 2028 to establish industrial clusters for cutting-edge technologies, the finance ministry said Monday. The country will initially allocate 400 billion won in 2024 for industrial zones specialized in strategic and medical industries, according to the Ministry of [...]