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Industry

R&D special zones finalise five-year blueprint to advance into glocal innovation cluster

South Korea's Ministry of Science and ICT finalised its Fifth Comprehensive Plan for Fostering R&D Special Zones for 2026 to 2030 after deliberation and approval by the R&D Special Zones Committee. The statutory plan applies to all zones and sets a vision of a “glocal innovation cluster” linking regions and the world. It outlines three policy tasks and 10 sub-tasks, including support for deeptech startups, new funds, an AI-based commercialisation platform and a growth pathway across zones.

Industry

MSIT designates 3 regulatory exemptions under special zone sandbox

South Korea's Ministry of Science and ICT said on April 12 it designated three regulatory exemptions for new technologies under the R&D Special Zone regulatory sandbox after holding the 58th R&D Special Zone Committee meeting on April 10. The exemptions cover a DTC gene-test-based dog identification and registration pilot, activated carbon made from recycled waste-plastic pyrolysis residues, and an AI prediction-based autonomous transport robot using original video data under required safety measures.

AI & Enterprise

Samsung SDS ranks No. 2 in South Korea public cloud market, overtakes Microsoft -IDC

Samsung SDS has risen to second place in South Korea's public cloud market, overtaking Microsoft, according to an IDC report. IDC put the 2024 market at 62.37 trillion won in revenue, with Amazon Web Services leading on 22.0 percent. Samsung SDS held 11.3 percent, followed by Microsoft on 9.6 percent, Naver on 5.0 percent and KT on 2.0 percent. Samsung SDS posted the fastest growth among major providers.