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Industry

Korea to hold 2027 R&D budget strategy meeting, focus on funding restructuring

South Korea\'s Ministry of Science and ICT and the Office of Planning and Budget held a strategy meeting on April 30 to discuss next year\'s research and development investment and the 2027 R&D budget. The government will allocate related budgets from an integrated national perspective to improve efficiency and consistency. It plans to restructure government R&D by linking spending cuts and efficiency measures to reinvestment, and to strengthen evaluations and inter-ministerial collaboration.

AI & Enterprise

South Korea to overhaul materials R&D with AI-based research innovation

South Korea will overhaul its materials research and development system by using artificial intelligence, shifting from long-term, high-cost development to AI models, robotic experimentation and data platforms. The Ministry of Science and ICT approved a 2026-2030 strategy to build an AI materials R&D platform. Plans include developing proprietary materials AI models, setting up autonomous experimentation centres and building an integrated national materials research data platform.

Industry

Science ministry launches next-generation engineer training program to support industry-university research

South Korea\'s Ministry of Science and ICT and the Korea Foundation for the Advancement of Science and Creativity said they will launch a new Next-Generation Engineer Training Program this year. The program will support joint research between undergraduates and industry mentors, along with mentoring and networking. The ministry will select 2 consortia of multiple universities and 1 support group to back 400 students this year with a total budget of 2 billion won.