SEOUL, December 05 (AJP) - The South Korean government announced plans to significantly increase research and development investment in semiconductors, robotics, and artificial intelligence during the third Strategic Planning Investment Council meeting held at the Korea Chamber of Commerce in Seoul.
The Ministry of Trade, Industry and Energy will expand its "ultra-gap projects" to include new technologies such as battery safety for electric vehicle fire prevention, next-generation nuclear fuel, liquid hydrogen carrier vessels, and gallium oxide semiconductors.
The ministry previously invested 560 billion won ($430 million) in 713 projects this year based on 45 project roadmaps announced in May.
The government plans to launch approximately 1,190 new projects worth 850 billion won ($650 million) in 2025, focusing on ultra-gap project implementation, industrial challenge solutions, localization of materials, parts, and equipment, and AI-driven manufacturing and research development.
The Strategic Planning Agency aims to increase AI sector investment, which currently accounts for only 2.8 percent of the ministry's R&D budget, while establishing investment models tailored to different industries and business scales.
The agency also emphasized the need for specialized industrial workforce training and data platform construction.
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