ICT Ministry’s 2021 R&D budget set at W21.6tr, up 9.7%


#SouthKorea #R&D - The Ministry of Science and ICT announced Friday that the ministry’s research and development budget for 2021 is set at 21.6 trillion won ($18 billion), up 9.7 percent from 19.7 trillion won in 2020. The Ministry said the additional funds would be spent on high-priority areas such as disease research and cutting-edge technologies such as 5G, AI, self-driving vehicles and next-generation semiconductors. (Korea Herald)


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