SEOUL, Jul. 31 (Korea Bizwire) — Samsung Electronics Co. said Tuesday it will donate 50 billion won (US$44.7 million) to an industrial foundation to help small firms set up smart-factory infrastructure in their production centers. The South Korean tech giant said through a regulatory filing that its board has decided to provide 10 billion won [...]
SEOUL, Apr. 21 (Korea Bizwire) — The South Korean government is poised to bring the number of smart factories in the country up to 30,000 by 2015, with plans to train 40,000 skilled workers in preparation for the ever-expanding fourth industrial revolution. Speaking to small and medium size business owners during a meeting at the [...]
SEJONG, March 19 (Korea Bizwire) — South Korea will aim to nearly double its exports over the next decade through a second manufacturing boom that infuses production with advanced technology, the trade ministry said Thursday. The measures approved at the trade-investment promotion committee meeting in Seoul include a 1 trillion won (US$885 million) state-private joint [...]