South Korea’s Ministry of Science and ICT (MSIT) received a significant increase in its research and development (R&D) budget for 2025, underscoring its commitment to pioneering artificial intelligence (AI) and digital innovation initiatives.
The ministry’s total R&D allocation increased 16.1 percent year-on-year (y-o-y) to KRW 9.7 trillion (about $7.3 billion), after an 11.3 percent reduction in funding this year.
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MSIT plans to spend KRW 4.3 trillion of its budget on this pioneering program, representing an 18.9 percent increase from the previous year, as the ministry moves away from a “catch-up strategy “.
Key priorities include building international relationships leadership in AIsemiconductors, advanced biotechnology and quantum technology. The budget for AI and digital innovation alone was increased by 4.8%, totaling KRW 880 billion.
Additionally, funding for pioneering AI semiconductor data center technologies will see a substantial increase of 33.3%, reaching KRW 10 billion, while support for related demonstrations will increase by 29.8%. , totaling KRW 24.4 billion.
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South Korea’s MSIT has also significantly increased funding for Open RAN testbeds, which will increase fourfold to KRW 3.9 billion.
Additionally, a new allocation of KRW 6.4 billion has been set aside for the development of ultra-high density projects. semiconductor stacking technology.
The ministry also announced efforts to streamline R&D processes by eliminating preliminary feasibility studies, allowing for faster adaptations to technological advancements.