Park In-kyu (박인규), head of the Ministry of Science and ICT’s Science and Technology Innovation Office, chaired a private-sector R&D consultative council steering committee meeting in Seoul on Wednesday. He heard industry views on the government’s proposed 2027 R&D budget and future investment directions. The council includes executives from about 200 leading companies across major industries and is organised into 11 subcommittees covering six fields including carbon neutrality, future mobility and digital transformation.

South Korea\'s Ministry of Science and ICT and the Korea Industrial Technology Association selected Exosystems CEO Lee Hoo-man and LG Display engineer Jeon Chang-hoon as September 2026 Korea Engineer Award recipients. Lee was recognized for developing an AI-based digital biomarker to help diagnose sarcopenia. Jeon won for developing AI-based optical correction technology for OLED panels to improve image uniformity and reduce correction time under very low luminance.