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AI & Enterprise

South Korea government meets NPU startups to hear on fiscal investment direction for next year

South Korea’s Budget Office said it held a meeting on the direction of fiscal investment in the AI semiconductor industry after its budget chief visited FuriosaAI’s Seoul office. Officials, AI chip company executives and finance experts attended. The office is running a project to visit more than 100 sites to reflect field views in next year’s budget proposal. It plans to reflect views from the meeting in the 2027 budget plan and fiscal management plan.

Industry

Korea to hold 2027 R&D budget strategy meeting, focus on funding restructuring

South Korea\'s Ministry of Science and ICT and the Office of Planning and Budget held a strategy meeting on April 30 to discuss next year\'s research and development investment and the 2027 R&D budget. The government will allocate related budgets from an integrated national perspective to improve efficiency and consistency. It plans to restructure government R&D by linking spending cuts and efficiency measures to reinvestment, and to strengthen evaluations and inter-ministerial collaboration.

Telecommunications & Media

Science, ICT and Broadcasting committee adopts hearing report on Go Gwang-heon nominee

South Korea\'s National Assembly Science, ICT, Broadcasting and Communications Committee adopted a hearing report on Go Gwang-heon (고광헌), nominee for the first chair of the Broadcast Media Communications Review Commission. The report was approved under the leadership of the Democratic Party after People Power Party lawmakers did not take part in the vote. The report will be sent to the government without a plenary vote. Go will take office if President Lee Jae-myung approves it.