Search results for Science and Technology Innovation Fund
AI & Enterprise
South Korea to invest over 200 trillion won in R&D by 2030, secure 260,000 GPUs
South Korea’s Ministry of Science and ICT said it finalised its Sixth Basic Plan for Science and Technology for 2026 to 2030 after approval by the National Science and Technology Advisory Council. The plan calls for investing more than 200 trillion won in government R&D over five years and spreading an AI shift across the country. It includes securing 260,000 public-private GPUs, building a sixth supercomputer and a national AI computing centre, and focusing over 60 trillion won on 10 strategic technology fields.
Industry
Government steps up push to foster \'NEXT\' national strategic technologies with 8.6 trillion won in R&D
South Korea has drawn up an implementation plan to secure strategic technologies through inter-ministerial cooperation. It plans to invest 8.6 trillion won in national strategic technology R&D this year and push a shift to a new strategic technology system. The Ministry of Science and ICT approved the 2026 implementation plan under the 2024-2028 basic plan, focusing on growth support, broader technology security and a mission-oriented policy system.
Industry
Government to step up cooperation on strategic technology management to counter tech hegemony race
South Korea will revamp its strategic technology management framework and strengthen cross-ministry cooperation to respond to deepening global competition for technological leadership. The Ministry of Science and ICT, the Ministry of Finance and Economy and the Ministry of Trade, Industry and Energy jointly drew up a plan covering 513 technologies under four laws. The government will align systems around 19 shared fields, expand consultations, and link designations to R&D investment and policy finance.
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Finance
Finance groups speed up governance revamp as KOSPI faces Middle East risk
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Finance
Shinhan Asset Management holds formation ceremony for 763.2 billion won Science and Technology Innovation Fund No. 1
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Industry
Science ministry launches first science and technology innovation fund worth 763.2 billion won