Category: News in Korea
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S. Korea to invest 86.2 bln won in developing new technologies to address climate change
South Korea will invest 86.2 billion won (US$59.3 million) this year for the development of technologies that will help tackle climate change, the science ministry said Wednesday. With the investment, the country will work to develop technologies that will help respond to global warming, along with those related to carbon free energy and climate prediction…
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S. Korea becomes 1st Asian country to join Horizon Europe
South Korea has become the first Asian country to join Horizon Europe, the world’s largest multilateral research and innovation (R&I) funding program, Seoul’s science ministry said Monday. The nation officially began participating in Horizon Europe as an associated member on Jan. 1, becoming the first Asian and the third country from outside of Europe to…
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Korea’s Science & ICT Ministry to Invest 6.32 Tril. Won in R&D in 2025
Increases Budget by 21.2% for Key Areas like AI and Quantum Technology The Ministry of Science and ICT announced on Jan. 2 that it will invest 6.32 trillion won in the ministry’s research and development (R&D) budget for the new year, marking a 21.2% increase from last year. This substantial investment aims to bolster South Korea’s…
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Korea’s top R&D feats in 2024: AI chips, quantum technologies
Progress in artificial intelligence (AI) chips and quantum technologies has been recognized as the top achievements in Korea’s research and development (R&D) efforts for 2024, raising hopes that these advancements could serve as a cornerstone for the nation’s technological breakthroughs that can reshape the national economy and society. The Ministry of Science and ICT and…
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First open Horizon Europe pillar 2 Webinar for Korea attracted more than 350 Korean researchers
Last Tuesday, on December 10, The Korea-EU Research Centre (KERC) hosted a webinar on Horizon Europe Pillar 2 Application Process. The event was co-organized by the National Research Foundation of Korea (NRF). Following the announcement of South Korea’s association to Horizon Europe Pillar 2 starting from 2025, the webinar gained huge interest from Korean scientists…
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Science ministry’s budget set at 18.9 tln won for next year
The science ministry said Wednesday its budget for 2025 has been set at 18.9 trillion won (US$13.2 billion), a 5.47 percent increase from this year. The spending plan, passed by the National Assembly the previous day, will be aimed at promoting advancements in artificial intelligence (AI) and digital technologies, supporting innovative research and development (R&D)…
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S. Korea to operate strategic R&D centers in U.S., Europe: science ministry
South Korea will operate strategic research and development (R&D) centers in the United States and Europe to support the country’s participation in global research projects, the science ministry said Friday. The country will operate five strategic centers in the Americas, three in Europe and two in Asia to enhance its support system for global R&D…
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South Korea to Demonstrate 100km Transmission on ‘Quantum Internet’ Early Next Year
l Securing Proprietary Technology to Join Global Competition South Korea is set to fully engage in the competition for the next-generation internet, known as the “quantum internet,” which dramatically enhances data transmission speed and security performance. The government plans to secure and soon unveil proprietary technologies necessary for the commercialization of the quantum internet, accelerating its…
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Korea to provide $10 bil. of policy financing for semiconductor manufacturers
Government set to shoulder more of financial burden for Yongin chip cluster The Korean government is set to provide a policy financing package worth 14 trillion won ($10 billion) to chip material, component and equipment manufacturers, as well as fabless companies, in an effort to support struggling industry players facing heightened trade risks under the…
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“AI Safety Institute” Launched Following the AI Seoul Summit in May
- Strengthening international networks to ensure AI safety and advancing the three pillars of global AI governance: safety, innovation, and inclusion The Ministry of Science and ICT (MSIT, Minister Yoo Sang-im) hosted the launch ceremony for the “AI Safety Institute” on November 27 at the Global R&D Center in Pangyo. During the AI Seoul Summit…