100 vital tech to be supported by 2025
Korea has unveiled a comprehensive plan to support at least one-hundred vital technologies that are crucial for the country to better prepare itself for the so-called "Fourth Industrial Revolution" and beef up competitiveness in the global stage.
Our science and tech correspondent Kim Ji-yeon reports.
The government says it will systematically support the development of some one-hundred technologies by 2025 considered vital in the so-called "Fourth Industrial Revolution."
The plan unveiled by the Ministry of Trade, Industry and Energy on Monday, includes the development of materials and components necessary for the commercialization of the fifth generation of LTE internet connectivity used among the general public... including the development of 5G telecommunications modems.
Other tech development under the plan includes the development of navigation equipment for aircraft, high-strength aluminum, lithium batteries with high energy density and bio-ceramic materials for dental implants.
To help the plan become reality, the ministry says it will reform its infrastructure support system, which is currently divided into 15 sections to be reshuffled into five main sectors of automobile and machinery, ceramic and electronics, fiber, chemicals and metals.
It adds that it will provide support in all of the tech developmental stages ranging from research and development, infrastructure building, and manufacturing, to exports... instead of the current method of providing support when obstacles occur.
The ministry also says it will increase the number of smart factories from the current 26-hundred plants to 10-thousand by 2020.
It will also support the development of eco-friendly technology including the development of refrigerants that don't harm the ozone layer by reducing greenhouse gas emissions into the air.