SEOUL, Jan. 26 (Korea Bizwire) — South Korea said Wednesday it will invest 9 trillion won (US$7.51 billion) this year as part of its digital New Deal program to foster new tech industries in areas related to the metaverse and artificial intelligence. The New Deal was unveiled in 2020 with the aim of investing around [...]
SEOUL, July 22 (Korea Bizwire) — South Korea’s ICT ministry said Thursday it will pursue new projects to upgrade the country’s digital infrastructure, such as specialized 5G networks, as part of its renewed push for the digital New Deal initiative. The digital New Deal was unveiled last year with the aim of investing around 58 [...]
SEOUL, Jan. 6 (Korea Bizwire) — South Korea said Wednesday it will spend 12.7 trillion won (US$11.7 billion) this year as part of its digital New Deal program, which aims to foster new tech industries for job creation. The government last year unveiled ambitious stimulus projects, under its Korean New Deal initiative, amounting to 160 [...]
SEOUL, July 18 (Korea Bizwire) — South Korea’s major telecom operators are lending hands to the country’s digital New Deal stimulus projects by expanding their investment in public infrastructure. Early this week, the country announced a set of ambitious stimulus measures amounting to 160 trillion won (US$132 billion). Under the digital New Deal initiative, 58.2 [...]