Samsung Electronics announced Monday it plans to invest 26 trillion won (USD 22.53)in manufacturing facilities and research & development (R&D) this year.
Samsung said it will invest 18 trillion won in facilities including 11 trillion …

Samsung Group announced Tuesday it will spend 23.3 trillion won (US$20.6 billion) on environmental and healthcare businesses by 2020 as part of efforts to foster future growth engines.
Samsung decided to focus on five new areas …

South Korea will strive to become one of the top five global technology leaders by 2020 by maximizing its strengths in information technology (IT), autos, shipbuilding and nuclear energy, the newly appointed government research policymaker …

South Korea plans to invest 60 billion won (US$54 million) until 2015 to build up its analog chip industry to help local companies expand their presence in the global semiconductor market, the government said Thursday. …

The government, industry and academia plan to establish a new university department modeled on the MIT Media Lab to nurture a pool of creative individuals to lead the country’s technology sector, government officials said Wednesday.
The …

South Korea will strive to create a new information technology (IT) growth blueprint within the year to maintain its global edge in the highly competitive industry, the government said Tuesday.
The Ministry of Knowledge and Economy …

South Korea and Germany agreed Tuesday to expand cooperation in the research and development (R&D) field as they endeavor to fuel sustainable growth, government officials here said.
The agreement, reached between South Korea’s Ministry of Knowledge …

LG Chem, South Korea’s leading producer of chemicals, said Monday it will build a 2 trillion won (US$1.8 billion) plant for materials used in liquid crystal display (LCD) panels in the central part of the …

South Korea will finance studies to merge neurological data with information technology (IT) that may be able to assist people with neurological disorders, the government said Wednesday.
The Ministry of Education, Science and Technology said it …

South Korea will revamp its national research and development (R&D) support system for the first time in 20 years in a bid to improve the country’s competitiveness and better contribute to economic growth, a senior …