Category: News in Korea

  • Collaboration of industry giants: Hyundai, Samsung team up on batteries for robots

    Korean chaebol groups join hands to power future of robotics Hyundai Motor and Samsung have joined hands to develop high-performance batteries for robots as Korea’s two leading conglomerates look to build upon their electric vehicle battery alliance and expand the robotics industry together. According to Hyundai Motor Company, Kia and Samsung SDI on Tuesday, the…

  • S. Korea to develop reference materials for strategic industries by 2028

    South Korea will work to develop reference materials for advanced strategic industries, such as semiconductor and battery, by 2028 as part of efforts to strengthen its global competitiveness in the sectors, the industry ministry said Tuesday. The Korean Agency for Technology and Standards (KATS) will be in charge of the four-year plan to develop reference…

  • Korea and Netherlands discuss stronger industrial cooperation

    Minister for Trade, Industry and Energy Dukgeun Ahn of the Republic of Korea met Dutch Minister of Economic Affairs Dirk Beljaarts today in Seoul for discussions on measures to strengthen Korea-Netherlands industrial cooperation. Among EU member states, the Netherlands is Korea’s second largest trading partner (USD 15.0 billion as of 2024) and biggest investor ($39.9…

  • MSIT to Launch Industry-Academia Program for AI Semiconductor Talent Development

    – Call for Proposals for Industry-Academia Research Projects (Up to Six Years) – Two Universities to Be Selected The Ministry of Science and ICT (Minister Yoo Sang-im, hereinafter referred to as “MSIT”) announced that it will open a Call for Proposals for the Industry-Academia Program for AI Semiconductor Talent Development (hereinafter referred to as the…

  • S. Korea to invest nearly $300m for advanced industrial technologies

    South Korea will invest 414.2 billion won ($285 million) in developing advanced technologies to foster innovation across various industries by 2031 as part of efforts to foster future growth engines, the industry ministry said Wednesday. The investment project kicked off in 2022 with an aim to support innovative technology development projects that will reshape future…

  • S. Korea to promote industrial use of quantum technology

    Local businesses and research and academic institutions will join hands to promote the industrial use of quantum technology, a fast-evolving technology that is expected to transform many industries, the industry ministry said Tuesday. An industrial forum of quantum experts from local enterprises, startups and academic and research institutions was held in Seoul as part of…

  • Seoul vows to nurture 10,000 AI talents annually

    The Seoul city government on Tuesday announced policy strategies to promote the artificial intelligence (AI) industry, vowing to foster 10,000 AI professionals every year and build an AI technology city where work, living and pleasure are combined. The strategies, unveiled by Mayor Oh Se-hoon during an AI conference at COEX in southern Seoul, call for…

  • South Korea Launches Science and Engineering Research Encouragement Fund

    Ministry of Science and ICT to Provide Financial Support to 50,000 Graduate Students The Ministry of Science and ICT announced on Feb. 11 the implementation plan for this year’s Science and Engineering Research Encouragement Fund. This initiative, set to officially commence this year, aims to provide substantial financial support to graduate students in science and…

  • South Korea Sets Sights on Lunar Landing by 2032 as Part of Space Exploration Goals

    KARI to Establish Dedicated Lunar Lander Development Organization South Korea is making significant strides in its space exploration ambitions, with plans to launch its first indigenous lunar lander by 2032. This ambitious project is part of a broader vision to achieve manned lunar exploration, or “moon walking,” by the 2050s. The Korea Aerospace Research Institute…

  • S. Korea to invest W208.8b in promoting global technology cooperation

    South Korea will spend 208.8 billion won ($143.7 million) this year on global technology cooperation projects as part of efforts to bolster the country’s technological competitiveness, the industry ministry said Wednesday. The amount marks a 25.9 percent increase from the corresponding tally for last year, according to the Ministry of Trade, Industry and Energy. In…