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AI & Enterprise

Early admissions competition at four Korean institutes of science and technology hits record high, applicants up 36.5 percent

Early admissions competition for undergraduate programmes at South Korea’s four institutes of science and technology, including KAIST, reached a record high for the 2027 academic year, data showed. A total of 33,349 people applied for 2,067 places, a competition rate of 16.1 to 1. Applicant numbers rose 36.5 percent from a year earlier. DGIST posted the highest competition rate, while KAIST, UNIST and DGIST also recorded their highest rates on record.

Industry

Samsung Electronics, Nano Convergence Technology Institute share public nanofab consulting results

South Korea\'s Ministry of Science and ICT held a results briefing on Sept. 11 at POSTECH\'s Nano Convergence Technology Institute on a consulting project to improve public nanofab operations. The project follows a March 2025 memorandum of understanding between the ministry, Samsung Electronics and two other chipmakers. Samsung’s DS division provided six months of consulting to transfer private fab management know-how, and the institute improved safety, cleanliness, equipment reliability and process service response.

Finance

Kiwoom Securities joins hands with Mirae Science Technology Holdings to expand deep-tech venture capital

Kiwoom Securities will work with Mirae Science Technology Holdings to expand the supply of venture capital for deep-tech technology companies. Kiwoom Securities said it signed a strategic memorandum of understanding at its Seoul headquarters on Sept. 8 to expand productive finance and venture capital investment. The company said the partnership is part of its strategy to strengthen productive finance and increase private venture capital’s role.