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South Korea to raise ICT R&D budget to 2 trillion won, focus on three mega projects

South Korea will invest a record 2.08 trillion won in ICT research and development next year, with 662.1 billion won focused on three mega projects: physical AI, AI semiconductors and AI data centres. The science ministry held a workshop in Seoul on planning new 2027 tasks, aiming to strengthen links between project design and results. It will also introduce an AI agent for research administration and roll it out from 2027.