South Korea has unveiled an ambitious plan to support at least one-hundred vital technologies
to raise their competitiveness on the global stage.
This... as the government moves to be better prepared for the so-called "Fourth Industrial
Revolution."
Kim Ji-yeon has the details.
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.
Kim Ji-yeon, Arirang News.

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