technology industry Archives

S. Korea to Speed Up Development of AI Chip, UAM Sectors

SEOUL, Aug. 17 (Korea Bizwire) — South Korea’s finance ministry unveiled a set of measures Thursday to pave the way for the growth of the country’s artificial intelligence chip and urban air mobility (UAM) industries in line with efforts to foster new growth engines. Under the plan, the country will speed up the establishment of [...]

Nearly Half of SMEs That Focus on New Technology Face Difficulties from Regulations

SUWON, Sept. 14 (Korea Bizwire) – A new survey has revealed that nearly half of small and medium-sized South Korean companies that focus on the new technologies such as smart health care and drones face difficulties due to ‘too many regulations,’ with the resulting economic damages estimated to reach 200 million won per company. The [...]