SEOUL, July 1 (Korea Bizwire) – Industry 4.0, or the fourth industrial revolution, is just around the corner. In truth, we’re already a part of it. The Korean government revealed Thursday that it would increase its research & development investment by 50 percent in high-tech fields like artificial intelligence and robotics that will be of [...]
BILLERICA, Mass., Jan. 27 (Korea Bizwire) — Entegris, Inc. (NASDAQ:ENTG), a leader in yield-enhancing materials and solutions for highly advanced manufacturing environments, announced today the expansion of its liquid filtration/purification analytical science and research and development facility in Suwon, South Korea. As an addition to its existing Korea Technology Center (KTC) facility, the expanded lab [...]
SEOUL, Jan.19 (Korea Bizwire) – Small and medium-sized enterprises (SMEs) that were recipients of the government’s R&D support programs turned out to have higher sales growth rates and more employees than those not receiving any government support. The Small and Medium Business Administration (SMBA) conducted an investigation into 10,831 SMEs that participated in the government’s [...]
SEOUL, Dec.8 (Korea Bizwire) – The government has decided to lower regulations and financially support three new technologies – wireless charging, fused pay channels, and Internet of Things (IoT). These technologies are attracting significant attention, as they could change the way we live forever. On the other hand, there is a need for large-scale R&D [...]
SEOUL, Nov. 2 (Korea Bizwire) – The Yangjae and Woomyeon district in Seoul, where 280 small businesses as well as huge conglomerates including Samsung Electronics, Hyundai Motor, Kia Motors and KT are located, will be developed as an ‘Innovative Research and Development (R&D) Area’. The Seoul Metropolitan Government announced that it will be differentiating the [...]
SEOUL, Oct. 13 (Korea Bizwire) – Outward expansion of South Korea’s research and development (R&D) has not led to meaningful improvements in productivity, raising the need to boost the effectiveness of related investments, official data showed Monday. Asia’s fourth-largest economy ranked No. 6 in R&D investment in 2013, but it still suffered from a chronic [...]
SEOUL/SEJONG, Oct. 7 (Korea Bizwire) — South Korea is seeking closer research and development (R&D) cooperation with foreign firms operating in the country to better meet the rapid pace of technological changes across the world, the government said Wednesday. In a gathering of officials from foreign firms in Seoul, the Ministry of Trade, Industry and [...]
SEOUL, Dec. 30 (Korea Bizwire) – Intellectual property products (IPPs), which span research and development (R&D) as well as cultural entertainment, are playing a bigger role in the growth of Asia’s fourth-largest economy than during the 1970s, data showed on December 29. The net stock value of IPPs, which accounted for 2 percent of the country’s [...]
SEOUL, Nov. 14 (Korea Bizwire) – South Korea was the world’s most research and development intensive country in 2012, spending 4.36 percent of GDP on R&D, according to the OECD Science, Technology and Industry Outlook 2014. Korea also was the top at the R&D spending rate out of the total revenue, representing 3.4 percent. The report [...]
SEOUL, Oct. 8 (Korea Bizwire) – Even as the government budget for research and development is rising while the number of patents from state-run R&D organizations reaching a record-high level, the qualitative level of overall government R&D output is getting lower. According to Congressman Lee Hyun-jae (New Frontier Party) on October 7 in a parliamentary [...]