R&D investment Archives | Be Korea-savvy

S. Korea to Invest 6.7 tln Won in Science R&D in 2023

SEOUL, Jan. 1 (Korea Bizwire) — South Korea will invest 6.7 trillion won (US$5.3 billion) in science research in 2023 as the country seeks to secure key future technologies as new growth engines, the science ministry said Sunday. The Ministry of Science and ICT said the earmarked amount marked a 3.9 percent increase from 2021. [...]

Hyundai Mobis Outlines Growth Plans in Line with Group’s Streamlining

SEOUL, April 26 (Korea Bizwire) – Hyundai Mobis Co., South Korea’s biggest auto parts maker by sales, on Thursday outlined its growth plans in line with its parent Hyundai Motor Group’s broad governance restructuring program. The move comes after Hyundai Motor Group announced last month that auto parts supplier Hyundai Mobis will spin off its [...]