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Industry

South Korea to discuss future strategy on economy, society and science and technology

South Korea’s Planning and Budget Office, the National Economic Advisory Council and the National Science and Technology Advisory Council will hold a joint seminar on Sept. 16 in Seoul on a mid- to long-term national development strategy for 2045. The event will review expected technological changes over the next 20 years and their economic and social impact, and examine national tasks to help the next generation find new growth opportunities.

AI & Enterprise

South Korea to invest over 200 trillion won in R&D over five years, targeting AI and semiconductors

South Korea plans to invest more than 200 trillion won in research and development over five years through 2030, focusing on three mega projects including AI, semiconductors and physical AI. The Science and ICT Ministry said the investment strategy will guide national R&D direction, milestones and portfolios. The plan also prioritises seven future growth engines such as advanced bio, quantum and space, and expands support for basic research, state-funded institutes and talent.

AI & Enterprise

South Korea to overhaul R&D system, boost future-tech investment and talent development

South Korea will invest more than 200 trillion won in national research and development over the next five years and overhaul its R&D system, the government said. It set a 2027 government R&D budget plan of 39.5 trillion won, up 11.2 percent from this year, and will put 3.3 trillion won into new R&D projects. It will also focus on three mega projects and foster seven SEED areas while expanding regional autonomous R&D.