emirates7 - South Korea plans to invest 830 billion won (approximately US$561.2 million) in industrial technology R&D next year, aiming to strengthen its position in high-tech sectors amid intensifying global competition, the Ministry of Trade, Industry and Energy announced on Thursday.
The ministry stated it will work with experts to fine-tune the investment strategy, focusing on supporting R&D efforts in key areas such as artificial intelligence (AI), quantum computing, next-generation mobility, semiconductors, and other advanced technologies.
According to Yonhap News Agency, since last year, the government has outlined 124 R&D initiatives targeting these advanced industries, with a total budget of 6.7 trillion won allocated to support them.
The ministry stated it will work with experts to fine-tune the investment strategy, focusing on supporting R&D efforts in key areas such as artificial intelligence (AI), quantum computing, next-generation mobility, semiconductors, and other advanced technologies.
According to Yonhap News Agency, since last year, the government has outlined 124 R&D initiatives targeting these advanced industries, with a total budget of 6.7 trillion won allocated to support them.