The government said Monday that communication infrastructure damaged in the ravaging wildfires this month has been 94 percent restored.
Minister of Science and ICT Yoo Sang-im delivers the opening address at the AI Global Conference at Lotte Hotel in Jung District, central Seoul, on March 25.
Korea will invest 1 trillion won ($689.5 million) to help strengthen the competitiveness of homegrown over-the-top (OTT) platforms amid intensifying competition in the global market, the Ministry of Science and ICT said Thursday.
Korea’s upcoming aerospace agency will not house the existing Korea Aerospace Research Institute (KARI) that has been spearheading Korea’s space missions such as the Nuri rocket program.
The government will create a 50-billion-won ($38.5 million) fund for space startups by 2027, the Ministry of Science and ICT said Tuesday.
The Ministry of Science and ICT warned that the retired U.S. Earth Radiation Budget Satellite (ERBS) could fall near the Korean Peninsula on Monday.
The Korean Science Ministry on Monday warned that a retired U.S. satellite could possibly fall on the Korean Peninsula and its vicinities later this day.
In its policy plan for 2023 reported to President Yoon Suk-yeol, the Ministry of Science and ICT said it will seek to formulate a bill to set up a national aeronautics administration in the second half of next year.
The investment is part of the project to establish “K-Cloud” infrastructure powered by domestically-developed semiconductors.
The government on Friday promised tax cuts and eased regulations for local online streaming services in an aim to help domestic platforms expand globally and grow Korea’s content exports with its very own Netflix. The announcement came from a ...
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