Korea’s research and development (R&D) investment ranked as the fourth largest among member nations of the Organization for Economic Cooperation and Development (OECD) countries following Sweden, Finland and Japan as of 2008.

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 …

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 …

A new government research coordination office will start work next month to help set long-term industrial development support targets, a senior government official said Monday.
“The office is new so there may be some complications in …

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 …

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 …

A U.S. information technology (IT) convergence center opened Tuesday a branch laboratory at a free economic region in Incheon, west of Seoul, to begin work on cutting-edge electronic technologies, the government said.
The Ministry of Knowledge …

South Korea will significantly expand tax breaks for aerospace-related research and development (R&D) to bolster the country’s competitiveness in this cutting edge sector, the government said Sunday.
The Ministry of Education, Science and Technology said the …

The government plans to spend 2.17 trillion won (US$1.86 billion) next year to update its public sector electronic infrastructure, government officials said Thursday.
The sum represents a 7.4 percent gain from this year and is part …