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Industry
Full-cycle review system for infrastructure R&D to launch with expert review panel
South Korea's Ministry of Science and ICT said on May 11 it has completed work to overhaul a "full-cycle review system" and will begin full-scale operation after the abolition of preliminary feasibility studies for R&D. The ministry said the system for infrastructure-type R&D shifts from pre-verification focused mainly on economic viability to step-by-step management from planning to completion. It applies to projects costing 100 billion won or more, with at least 50 billion won in state funding.
Industry
Science ministry launches 2026 support for R&D special zone fostering program
South Korea's Ministry of Science and ICT begins support for new projects under its 2026 R&D special zone fostering program. The 51.2 billion won package targets 174 companies in five special zones including Daejeon, Gwangju, Daegu, Busan and North Jeolla. The program focuses on full-cycle growth from demonstration and investment to global expansion, and prioritises fields such as AI, advanced bio, semiconductors and displays, advanced robotics and secondary batteries.
Games & Commerce
Nexon to open registration for NDC 2026 from May 19, expanding AI talks
Nexon will recruit offline attendees for its Nexon Developer Conference (NDC), a game knowledge-sharing event, and expand lectures centered on artificial intelligence. It will hold NDC 2026 for three days from June 16 to 18 around its Pangyo headquarters in Seongnam and accept registrations on a first-come, first-served basis from May 19 to 21 via its official website. The event will run 51 sessions and feature speakers from major companies.
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Games & Commerce
Devsisters executives to go unpaid, launch voluntary redundancy programme companywide
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Crypto
Woori Bank issues 300 billion won green bonds to expand ESG finance
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Finance
8 in 10 retail investors profit despite war risk; Samsung Electronics tops gains and losses
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Industry
LG Electronics supplies OLED monitors for Hyundai Motor racing simulator
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Finance
Shinhan Bank expands green energy cooperation with Shinhan Asset Management, Hyosung Heavy Industries
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Mobility
Tesla Semi electric truck battery capacity: long range 822 kWh, standard 548 kWh
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People
KB Kookmin Bank selects Jang Hang-jun and Kim Eun-hee as new advertising models
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Crypto
Shiba Inu exchange inflows of 67.14 billion SHIB weigh on short-term rebound
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Mobility
China speeds up commercial rollout of Level 4 autonomous logistics for urban delivery and long-haul freight
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Finance
KB Financial launches startup incubation program to strengthen productive finance role
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Crypto
Cardano rebounds above $0.25 support, $0.53 target also seen
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Crypto
U.S. Senate to resume review of CLARITY Act as crypto industry welcomes move
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Crypto
XRP tests $1.80-$2 resistance as trader flags possible new high this year
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Finance
Kbank starts national treasury disbursement service, enabling tax refunds to be paid into accounts
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Games & Commerce
Instagram tightens teen account exposure standards, applies U.S. PG-13 level