Samsung Electronics topped others in terms of the value of R&D investments. It spent 28.35 trillion won last year, up 14 percent from a year ago.
Korea's Industry Ministry named six overseas partner institutions, including MIT and Yale University, to establish global technology cooperation centers.
Huons Group has unveiled significant strides in its research and development (R&D) endeavors as it gears up for future expansion.
LG Energy Solution recently established a Future Technology Center dedicated to the research and development of next-generation batteries.
The 2024 growth plan will focus on technology, from self-driving vehicles to a national space agency.
After a 4.6 trillion won ($3.4 billion) budget cut in research and development (R&D) this year, the government has put forward a targeted and prioritized approach in the overhaul of its industrial R&D support programs.
The presidential office will return the senior secretary office for science and technology, reviving the position six years after the previous administration scrapped it. The change is part of an overhaul undertaken ahead of next year’s election.
Pharmaceutical companies are turning to AI technology to speed up and de-risk the drug development process.
A colossal acoustic water tank is aiding Korean shipbuilding company Hanwha Ocean in reducing submarine noise. The tank replicates vessel sounds and uses a Masker-Air System to mitigate vibrations.
While next year’s research and development (R&D) budget was significantly cut as the government tightened its purse strings, nuclear power-related projects turned out to be an exception.
Korea JoongAng Daily Sitemap