KERC Newsletter / 2022.06.01.
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R&I policy
[MSIT Press releases] R&D strategy, Rocket Launch, AI Chip
1. MSIT to draw up a R&D strategy to achieve super gap in display 2.The Second Nuri Rocket(KSLV-II) Launch set on 15th of June 3. Minister Lee Jong-Ho to visit AI Chip Maker in his first field visit
S. Korea, UAE discuss cooperation on nuclear power, new energy resources
South Korea and the United Arab Emirates on Tuesday(May 31) discussed ways of expanding bilateral cooperation on nuclear power generation, hydrogen and other energy fields, Seoul's industry ministry said.
Ratio of renewable energy-based power generation hits new high in 2021
The amount of electricity generated from renewable energy in South Korea touched an all-time high in 2021 on government efforts to cut greenhouse gas emissions, data showed Monday(May 30).
R&D trends & results
S. Korea has best EV infrastructure per unit in world: report
South Korea has the most established electric vehicle charging infrastructure per unit in the world, a report by an autonomous intergovernmental organization said Tuesday(May 31).
Nation’s 1st commercial Earth observation satellite Sejong-1 launched
The nation's first private Earth observation satellite Sejong-1 was launched on May 25 from the Kennedy Space Center at Cape Canaveral, Florida.
S. Korea’s first private satellite settles in orbit for integrated image analysis service
South Korea's first private satellite for earth observation has safely reached its target orbit for a one-month test operation to provide integrated image analysis services in high demand for satellite data in Asia and the Middle East.
Industry trends
Three-way race set for Korea’s flying car commercialization
Consortiums each led by SKT, Hyundai, Kakao vie for market leadership of emerging business
SK to spend W247tr on chips, battery, biopharma over next five years
Big conglomerates‘ flurry of announcements seen as move to drive Yoon’s call for private-led economic growth
Samsung likely to begin groundbreaking for U.S. chip plant next month
Samsung Electronics Co. is expected to hold a groundbreaking ceremony for a US$17 billion chip fabrication plant in Taylor, Texas, next month, industry sources said Friday(May 27).
Medical robot maker Curexo to invest US$3 mln in U.S. robotics firm Harmonic Bionics
Curexo Inc. said Monday(May 30) it has decided to invest US$3 million in U.S. robotic rehabilitation device maker Harmonic Bionics Inc. as part of efforts to tap into the American market.
LG to spend W106tr on battery, biotech, AI, clean tech by 2026
LG Group said Thursday(May 26) it has confirmed a spending package of 106 trillion won ($83.7 billion) through 2026 to consolidate its manufacturing and research base in South Korea.
