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South Korea Funds AI Industrial R&D Expansion

||By LDS Team
9.2
Relevance Score
South Korea Funds AI Industrial R&D Expansion
Photo: newsimg.koreatimes.co.kr · rights & takedowns

SEOUL, Jan. 28 (Yonhap) — South Korea's Ministry of Trade, Industry and Resources said Wednesday it will create a 2 trillion-won (US$1.4 billion) R&D support package to establish industrial complexes and drive AI transformation in southern manufacturing regions, and earmark 1.5 trillion won to bolster the struggling chemical industry. The plan aims to create 500 AI factories by 2030, develop self-driving car and autonomous ship AI models, produce 10 industrial humanoid robots by the end of next year, and launch a 700 billion-won on-device AI chip project later this year.

Key Points

  • 1Allocate 2 trillion won for R&D to build industrial complexes and AI-enabled manufacturing in southern regions.
  • 2Respond to trade protectionism by strengthening industrial and technological competitiveness to safeguard economy and security.
  • 3Enable manufacturers to deploy 500 AI factories by 2030 and accelerate development of autonomous transport models.

Scoring Rationale

Strong official national funding announcement driving AI-industrial strategy, with limited technical implementation detail disclosed.

Sources

Public references used for this report.

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