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AI & Enterprise

South Korea to back physical AI commercialisation via National Growth Fund, expand long-term investment

South Korea plans a support system linking physical AI technology development, on-site demonstrations and private investment, using fiscal spending and the National Growth Fund. The government set next year’s physical AI budget at 3.1 trillion won, more than triple this year’s 900 billion won. The Financial Services Commission will expand long-term investment and offer funding via direct and indirect investment, infrastructure finance and ultra-low-interest loans. Ministries also outlined new projects for core technology, logistics trials, training infrastructure, manufacturing adoption and sector-specific pilots.

General News

Korea Post issues World Maritime Day commemorative stamps

The Ministry of Science and ICT\'s Korea Post on Sept. 15 issued 496,000 commemorative stamps for World Maritime Day. The day was designated in 1978 by the International Maritime Organization, a U.N. agency, and is observed on the last Thursday of September each year to highlight maritime safety, marine environmental protection and shipping’s role in supporting international trade. The stamp design features Busan Port, the IMO symbol and the South Korean flag.

Industry

LG Electronics joins South Korea partners to restore marine ecosystems

LG Electronics will use functional new materials to help restore marine ecosystems. The company said it signed an agreement with the Ministry of Oceans and Fisheries, South Gyeongsang province and the Korea Fisheries Resources Agency to create seaweed forests off Deokmyeong-ri in Goseong county from 2026 to 2029. The project will apply LG Marine Balance, which releases mineral ions in water. LG also said it has proprietary control technology and is expanding production capacity.