Search results for KIAT
Industry
MOTIE to raise mid-sized firms\' R&D budget 20 percent to 65.5 billion won
South Korea\'s Ministry of Trade, Industry and Energy said on Sunday it will strengthen support for mid-sized companies\' research and development, with an emphasis on regional development and manufacturing AX. It allocated 65.5 billion won for this year, up 20 percent from 54.8 billion won a year earlier. The ministry will create regional-only tracks in key programmes and provide more than 60 percent of new tasks to regional mid-sized firms.
Industry
South Korea launches program to develop 500 promising exporters
South Korea’s Ministry of Trade, Industry and Energy said it will start recruiting companies from Jan. 16 for the K-Export Star 500 program. It aims to select promising exporters and foster 500 firms into “export star” companies with at least $10 million in exports by 2030. The ministry cited export concentration among top firms and said support will be provided with five agencies across marketing, certification and patents, export finance and R&D consulting.
Industry
South Korea and Netherlands to expand cooperation in semiconductors and quantum technology
South Korea and the Netherlands will expand technology cooperation in semiconductors and quantum fields, the Ministry of Trade, Industry and Energy said. The two countries held the fourth South Korea-Netherlands Joint Committee on Innovation in The Hague and signed a letter of intent to strengthen cooperation. They agreed to jointly respond to global competition in technological hegemony. Since 2016, cooperation has progressed through the Eureka network, with 41 joint R&D projects supported so far.