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Industry

First major R&D screening after pre-feasibility review abolition picks five projects including AI and aircraft engines

South Korea has selected five projects for the first review under a new pre-screening system for large research and development initiatives introduced after it abolished pre-feasibility reviews. The Ministry of Science and ICT said a committee chaired by Vice Minister for Science and Technology Innovation Park In-gyu (박인규) chose the projects on Thursday. The selected projects will be reviewed by an expert panel for about eight months, including on-site intensive checks.

Industry

MSIT to draw up five-year national R&D investment strategy, holds public hearing

South Korea’s Ministry of Science and ICT said it held a public hearing on Thursday in Seoul to prepare a draft second national mid- to long-term R&D investment strategy for 2026 to 2030. The plan is a top-level statutory blueprint setting strategic goals and directions for national R&D budget investment over the next five years. The ministry said it will refine the strategy based on feedback and finalise it in August after review by the National Science and Technology Advisory Council.

AI & Enterprise

South Korea to invest over 200 trillion won in R&D by 2030, secure 260,000 GPUs

South Korea’s Ministry of Science and ICT said it finalised its Sixth Basic Plan for Science and Technology for 2026 to 2030 after approval by the National Science and Technology Advisory Council. The plan calls for investing more than 200 trillion won in government R&D over five years and spreading an AI shift across the country. It includes securing 260,000 public-private GPUs, building a sixth supercomputer and a national AI computing centre, and focusing over 60 trillion won on 10 strategic technology fields.