R&I News

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Policy & Stats

Finance minister calls for R&D budget restructuring to boost efficiency, innovation

Finance Minister Choo Kyung-ho stressed the need Friday to reform state-sponsored scientific research and development (R&D) projects to better focus on "innovative, longer-term" programs in response to the criticism of the government's substantial budget cut for next year.

Yoon seeks to expand S. Korea-Saudi Arabia cooperation to science, technology

South Korean President Yoon Suk Yeol voiced hope Monday that South Korea and Saudi Arabia will work closely together on digital technologies, clean energy and other future growth areas.

Swedish Ambassador Daniel Wolvén Gives Talk at POSTECH

In his talk, he emphasized the importance of building a foundation to promote research and educational cooperation and exchange between Korea and Sweden.

Busan port operator discusses providing smart port technology for developing countries in Asia

The operator of South Korea's main maritime gateway in the southern port city of Busan is discussing whether the port operator would cooperate with an international financial institution to help developing countries in the Asia-Pacific region adopt smart port technology.

Research Trends

KIOST Research Team Discovers Anti-dementia Substance in Jellyfish’s Venom

The Korea Institute of Ocean Science and Technology (KIOST) announced on Oct. 18 that it has discovered a peptide, or short chain of amino acids linked by peptide bonds, that inhibits the formation of amyloid-β plaques, a known cause of dementia, in the venomous protein of jellyfish.

Metamolecule Metamaterial Fabrication with 3D Co-Assembly

POSTECH Professor Junsuk Rho’s team significantly expands the range of materials for metamaterials using solution-based 3D printing

Industry R&D

Naver wins $100 mln digital twin project in Saudi Arabia

Naver, a web service giant in South Korea, has secured an order worth $100 million to build virtual replicas of Saudi Arabian cities including Riyadh, Mecca, and Medina. The Middle Eastern country will use the digital twin platform to create urban infrastructure and test disaster situations, such as flooding.

KT to Develop Tech to Block Drone, UAM Hacking through Quantum Communication

KT has set its sights on extending the wireless quantum encrypted communication data transmission range from the current 2 km to 10 km by next year.

SKT joins hands with Deutsche Telekom in developing telco-specific large language model

Under a letter of intent (LOI), the two companies plan to collaborate with leading artificial intelligence (AI) companies, including Anthropic and Meta, to co-develop a multilingual LLM tailored to the needs of telcos

Samsung Biologics to offer solutions for Kurma Partners' portfolio firms

Samsung Biologics inked a partnership with Kurma Partners, a French venture capital firm specializing in financing health care companies, to offer a variety of drug-related services to Kurma Partners' portfolio companies.