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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.

AI & Enterprise

MSIT sets 2027 budget at 29.6 trillion won, with 9.4 trillion won for AI

South Korea’s Ministry of Science and ICT proposed a 2027 budget of 29.6 trillion won, up 24.5 percent from this year’s supplementary budget. AI spending would rise 84.3 percent to 9.4 trillion won, while R&D funding would increase 18.5 percent to 14.1 trillion won. The ministry plans investments in semiconductors, physical AI and AI data centres, expansion of GPU capacity for independent AI models, AI services and inclusion programmes, and funding for advanced technologies including quantum, biotech and space.

AI & Enterprise

South Korea designates Seoul, Jeonnam-Gwangju and southeast region as quantum clusters

South Korea\'s Ministry of Science and ICT said on Monday it will designate Seoul, Jeonnam-Gwangju, and the Busan-Ulsan-Gyeongnam region as quantum clusters after deliberation and approval by the Quantum Strategy Committee. The initiative aims to link regional industrial bases with quantum technologies to commercialise research outcomes and support corporate growth. The government selected the sites through a public call, evaluations and on-site inspections, and plans to draw up execution plans this year.