SEOUL, Apr. 4 (Korea Bizwire) — South Korea will funnel 710.2 billion won (US$526.9 million) into the government’s projects to integrate artificial intelligence (AI) into everyday life, the science ministry said Thursday. The AI Strategy High-Level Consultative Council, a government-civilian panel for shaping AI policies, convened its inaugural meeting and approved the investment plan to [...]
SEOUL, March 14 (Korea Bizwire) — The South Korean government will introduce a new investment platform for scientific R&D from next year, in which technological, training, and policy support will be provided in the form of a comprehensive package. The new measure, which was deliberated and voted on by the Ministry of Science and ICT during [...]
SEOUL, Jan. 12 (Korea Bizwire) — With a little help from India’s space program, five South Korean satellites developed by university students have departed for the final frontier. The Ministry of Science and ICT announced that five “cube” satellites were loaded onto the Indian Space Research Organization’s Polar Satellite Launch Vehicle and launched at 9:29 [...]
SEOUL, Jan. 3 (Korea Bizwire) – Infrastructure investment in 5G networks is expected to intensify in South Korea this year, with major telecom providers expected to commercialize the advanced networks in 2019. According to the Ministry of Science and ICT and sources close to the mobile industry, the government and the three major South Korean mobile [...]
SEOUL, Dec. 19 (Korea Bizwire) – The government has unveiled next year’s budget for nuclear energy research and development spending, prioritizing safety and decommissioning nuclear power plants. According to the budget proposal released by the Ministry of Science and ICT on Monday, the government will spend 68.7 billion won on improving the safety of nuclear [...]
SEOUL, Dec. 13 (Korea Bizwire) – The Ministry of Science and ICT has announced plans to develop digital chat bots for lonely seniors as well as a platform providing information related to chemical products by 2020. The plans for the science ministry’s new technology development project were revealed on Wednesday, the continuation of an initiative that [...]
SEOUL, Dec. 7 (Korea Bizwire) – A major heavy ion accelerator project has been given the green light, with a budget of 1.4 trillion won and an expected completion date in 2021, according to the science ministry. The Ministry of Science and ICT’s business monitoring task force announced plans on Wednesday for the construction of a [...]
SEJONG, Dec. 7 (Korea Bizwire) – The South Korean government has announced it will increase support for university laboratories that show potential, helping to create job opportunities. The Ministry of Education and the Ministry of Science and ICT announced plans to choose five universities to support next year as part of their job creation initiative, during [...]
SEOUL, Nov. 29 (Korea Bizwire) – One hundred days before the start of the 2018 Winter Paralympics, the Ministry of Science and ICT held an opening ceremony for the ICT Center, where officials and journalists in attendance got a first look at some of the cutting-edge technology that will be part of the Winter Olympics [...]
SEOUL, Nov. 10 (Korea Bizwire) — The Ministry of Science and ICT will hold this year’s annual innovation challenge parade at Gwanghwamun Square later this month. From underwater exploration robots to unmanned autonomous vehicles, a variety of the latest technologies will be on display at science ministry’s annual event. First held in 2015 with the goal [...]