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AI & Enterprise

MSIT discusses quantum technology cooperation with 13 countries, seeks to expand joint R&D

South Korea\'s Ministry of Science and ICT is expanding international cooperation with 13 major countries to industrialise quantum technology. It will host the 9th Multilateral Dialogue on Quantum Technology in Seoul through Oct. 16 and hold a business networking event. Participants will share policy updates and discuss OECD recommendations. South Korea will present plans for three quantum clusters and propose joint R&D and a study on cross-border talent mobility.

Finance

Shinhan Bank partners with Yonsei holdings to back innovative startups

Shinhan Bank will work with Yonsei University Technology Holdings Co to discover and support startups based on university technology. The bank said it signed a strategic partnership agreement on Oct. 6 at Yonsei University’s main building in Seoul. The two sides will cooperate on jointly identifying promising entrepreneurs and startups, investment and incubation, participation in the TIPS programme and related linkages, and providing infrastructure and networks for technology commercialisation.

AI & Enterprise

MSIT to boost support to link quantum research results to startups and commercialisation

South Korea will step up support to connect quantum technology research results with startups and commercialisation, the Ministry of Science and ICT said. First Vice Minister Hyeok-chae Koo visited Seoul National University on Oct. 1 to tour quantum research sites and meet industry, academia, research and investors. The government has set quantum as one of its seven SEED future growth areas and plans comprehensive support from technology development to startup creation, commercialisation and company growth.