Most Popular
-
1
Heavy snow alerts issued in greater Seoul area, Gangwon Province; over 20 cm of snow seen in Seoul
-
2
Seoul blanketed by heaviest Nov. snow, with more expected
-
3
Seoul snowfall now third heaviest on record
-
4
Samsung shakes up management, commits to reviving chip business
-
5
Heavy snow of up to 40 cm blankets Seoul for 2nd day
-
6
NewJeans to terminate contract with Ador
-
7
How $70 funeral wreaths became symbol of protest in S. Korea
-
8
Why cynical, 'memeified' makeovers of kids' characters are so appealing
-
9
Hybe consolidates chairman Bang Si-hyuk’s regime with leadership changes
-
10
BOK makes surprise 2nd rate cut to boost growth
Korea will invest 930 billion won ($858.7 million) until 2020 to boost the nano industry as part of its efforts to make the country one of the world's top three players in the area, the government said Tuesday.
The envisioned investment consists of 650 billion won set aside by the central government for its budget and 280 billion won assigned by the private sector and municipal governments, according to the Ministry of Knowledge Economy.
The money will be spent on research and development activities in the nano industry, it added.
In addition to the investment plan, the ministry said that it aims to become the world's third largest country in terms of global market share in the nano industry. To that end, the government will push to achieve $250 billion in exports of nano products or about 10 percent of the global market until 2020.
The ministry noted that the government has spent more than 2 trillion won over the past decade to develop the local nano industry, which helped the country become one of the top four players in terms of technology levels in the cited area. (Yonhap News)
The envisioned investment consists of 650 billion won set aside by the central government for its budget and 280 billion won assigned by the private sector and municipal governments, according to the Ministry of Knowledge Economy.
The money will be spent on research and development activities in the nano industry, it added.
In addition to the investment plan, the ministry said that it aims to become the world's third largest country in terms of global market share in the nano industry. To that end, the government will push to achieve $250 billion in exports of nano products or about 10 percent of the global market until 2020.
The ministry noted that the government has spent more than 2 trillion won over the past decade to develop the local nano industry, which helped the country become one of the top four players in terms of technology levels in the cited area. (Yonhap News)
![[Today’s K-pop] Seventeen tops Oricon chart with 4th Japan single](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=642&simg=/content/image/2024/11/28/20241128050068_0.jpg&u=)