The government plans to allocate 30 trillion won ($20.8 billion) to R&D next year.
Foreigners in Korea in R&D fields are working or hope to work here because of relative salary levels as well as lifestyle.
A primary reason for Boeing’s surprising descent is its relentless pursuit of “numbers.”
Korea can never make globally-accredited achievements if it keeps scientists and inventors in the frame of management, not encouragement.
BMW has opened an $8.7 billion expansion of its research and development center in Incheong, Gyeonggi.
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.
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