Most Popular
-
1
Dongduk Women’s University halts coeducation talks
-
2
Defense ministry denies special treatment for BTS’ V amid phone use allegations
-
3
OpenAI in talks with Samsung to power AI features, report says
-
4
Russia sent 'anti-air' missiles to Pyongyang, Yoon's aide says
-
5
Two jailed for forcing disabled teens into prostitution
-
6
Trump picks ex-N. Korea policy official as his principal deputy national security adviser
-
7
S. Korea not to attend Sado mine memorial: foreign ministry
-
8
South Korean military plans to launch new division for future warfare
-
9
Kia EV9 GT marks world debut at LA Motor Show
-
10
Gold bars and cash bundles; authorities confiscate millions from tax dodgers
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)
