KERC Newsletter / 2022.07.06.
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R&I policy
Yoon vows to support growth of space industry
President Yoon Suk-yeol vowed Wednesday(6 Jul) to support the growth of the space industry and use the country's expertise in the area to develop other businesses.
Yoon nullifies nuclear energy phaseout
The Cabinet on Tuesday(5 Jul) approved the administration’s energy policy direction, which is aimed at raising the share of nuclear energy.
Yoon touts nuclear energy, green tech, chips as strengths
Yoon seeks economic cooperation with leaders through 10 bilateral talks at NATO summit.
MSIT Press Releases
1. MSIT to harness digital innovation with private 5G, known as e-Um (4 Jul) 2. MSIT and MND geared up to incubate tech capabilities among soldiers (5 Jul)
EU and S. Korea advance their strategic partnership at the annual Joint Committee meeting
The 18th meeting of the Joint Committee between the European Union (EU) and the Republic of Korea (RoK) was held in Seoul on 28 June 2022.
R&I trends
2 satellites carried by Nuri communicate with ground stations
Separated from the performance verification satellite that was carried into space by Nuri, cube satellites have conducted two-way communication with their respective ground stations.
South Korea Less Competitive than China in Telecom Equipment Industry
The South Korean communications equipment industry’s competitiveness score was 80 on a scale of 1 to 100 last year.
Tagless payment introduced for pilot operation at subway stations in S. Korea
A tagless payment service was introduced for pilot operation at selected subway stations.
High-tech convenience stores boom amid high labor costs and contactless services
A digital transformation is taking place in South Korea's convenience store industry.
Industry trends
Sesame Lab founder eyes overseas markets with contactless digital master key platform
Blockchain technology is bringing about change innovative changes in many parts of daily lives, including the home security system.
LG Uplus, Nokia agree to cooperate in key wireless tech R&D
LG Uplus Corp. said Wednesday(6 Jul) it has reached a tentative deal with Finnish tech giant Nokia Corp. to cooperate in R&D projects for next-generation wireless standards.
Samsung starts mass production of world’s first 3-nm chips
Samsung Electronics said Thursday(30 Jun) it has started producing chips using its latest 3-nanometer manufacturing technology – an industry first globally.
Samsung Launches Semiconductor Packaging Task Force
Samsung Electronics has launched a semiconductor packaging task force (TF). Placed directly under the CEO, the team is intended to enhance cooperation with large foundry customers in the packaging field.
KT invests 30 bln won in S. Korean AI chip startup Rebellions
KT Corp. said Wednesday(6 Jul) it has invested US$23 million in Rebellions Inc., a local artificial intelligence (AI) chip startup, to participate in the fast growing field of AI chips.
LG Energy Solution chief leaves for Europe to push factory automation
CEO scheduled to visit Siemens for further discussion on automated factory solution
