| Mobile Web

Search results for preliminary feasibility study

Industry

Power grid delays put Yongin semiconductor cluster investment at risk

The Yongin semiconductor cluster can supply only about 1.9 gigawatts of power on its own, far short of the 15 to 16 gigawatts needed for full operation, a report by the National Assembly Research Service showed. Korea Electric Power is 추진ing a 37.0 billion won, 1,153-km transmission project but its planned completion by 2036 is uncertain. Rising AI data centre demand is adding pressure, increasing concerns over investment execution and power stability.

AI & Enterprise

Government launches AX Sprint to support rapid commercialisation of AI applications

South Korea\'s government will launch a joint programme involving 11 ministries from March to speed up the commercialisation of AI-based products and services. The AX Sprint project targets areas closely linked to daily life and industry, including manufacturing, agriculture and transport, and focuses on products that can reach the market within 1 to 2 years. The government will invest 754.0 billion won in 2026 to 2027, including 473.5 billion won in grants and subsidies and 140.0 billion won in loans.

People

MSIT launches outstanding performance awards for civil servants, holds first prize ceremony

South Korea\'s Ministry of Science and ICT has created an \"Outstanding Performance\" awards scheme for civil servants to spread a culture of workplace innovation across the organisation. The ministry held its first prize ceremony on March 16. The programme is an internal staff encouragement system alongside a government-wide special performance bonus scheme. The ministry plans to select 2 outstanding employees each month and pay each 350,000 won.