KERC Newsletter / 2022.12.07. No images? Click here R&I News The Ministry of Science and ICT on Wednesday(7 Dec) announced its midterm plan to nurture the local biotechnology industry, aiming to pour about $303 million) annually from next year into securing key technologies in the field. South Korea will funnel US$304.5 million into R&D next year to foster the digital transformation in the bio technology sector as part of the country's long-term future growth plan, the science ministry said Wednesday. Despite expected accumulated trade deficits, Korea's trade volume projected to hit record high Hanwha Aerospace has been tapped as the company to lead the project of upgrading the homegrown Nuri rocket and launching it four more times through 2027, the Korea Aerospace Research Institute said Friday(2 Dec). Science Ministry's top innovation strategist highlights importance of diplomacy, security In Case you missed itIt will foster joint work on semiconductors, next generation mobile networks, quantum and High-Performance Computing, cybersecurity, artificial intelligence, platforms, data and skills. Luxembourg economy minister Franz Fayot and South Korea’s minister of science and ICT Jong-ho Lee signed on Monday(28 Nov) a MoU to promote cooperation with regards to space exploration and resources for peaceful purposes. |