Korea, EU kick off joint semiconductor research projects

Industry

Published: 17 Jul. 2024, 17:52

Korea, EU kick off joint semiconductor research projects

Science Minister Lee Jong-ho, second from right, poses for a photo at the inaugural Korea-European Union joint researchers forum on semiconductors in Belgium on March 25, 2024, in this photo provided by Lee's office. [YONHAP]

Korea and the European Union (EU) will kick off their joint research projects on semiconductor technologies this month, Seoul's Science Ministry said Wednesday.

The Ministry of Science and ICT and the Chips Joint Undertaking under the European Commission will form four joint research consortia on advanced heterogeneous integration and neuromorphic chip technologies, according to officials.

The consortia, set to operate until June 2027, will be comprised of 11 research institutes from Korea and 14 institutes from nine European countries, including Germany, Italy and Spain.

Korea will support a combined 8.4 billion won ($6.1 million) and the EU about 6 million euros for the projects.

"With the South Korea-EU joint research, brilliant semiconductor researchers will be able to create a cooperation network to secure key technologies essential to take the lead in the chips industry," Science Minister Lee Jong-ho said in a statement.

The Science Ministry also said it will host the second Korea-EU researchers forum on semiconductors in Seoul next year and construct a research and development cooperation center for Korean and European researchers in Brussels later this year.

Yonhap