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Investment News

2016.12.27
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2593
Gov't unveils plans to nurture 3D printing, 5G, artificial intelligence
According to Yonhap News, 


(SEOUL=Yonhap News) South Korea on Tuesday unveiled a list of emerging technology sectors, including 3D printing, fifth-generation telecommunications and artificial intelligence-based security services, to develop them into the next-generation drivers of growth.

Virtual reality, augmented reality, self-driving vehicles and the Internet of Things technology were among the sectors named to receive the government's investment, although financial details of the investment were not announced.

The government plans to help car and aviation industries swiftly adopt the 3D printing technology.

Also, the government will encourage the military and railroad sectors to produce components through the 3D printing technology. Medical sectors will be encouraged to produce artificial bones or rehabilitation devices using 3D printers, according to the plan.


This undated photo shows a 3D printer (Yonhap file photo) This undated photo shows a 3D printer (Yonhap file photo)

As part of efforts to launch a commercial service of ultra-fast fifth-generation (5G) telecom networks in 2020, the government will allocate a high-frequency spectrum for the 5G service to carriers in 2019.

The 5G technology aims to offer data transmission speeds about 100 times faster than the current fourth-generation wireless networks.

To help consumers embrace the 5G service, the government will nurture five technology sectors, including virtual reality, augmented reality, artificial intelligence butler and autonomous car.

To better cope with a growing threat of cyberhacking, the government plans to support firms developing artificial intelligence-based security services.

Such cyber security services aim to create a firewall in which computers can develop their own system against cyberattacks, according to the plan.

A government-wide body will be formed to develop the nation's cyber security capacity.

To support the ailing shipbuilding industry, the government plans to encourage shipbuilders to adopt the Internet of Things and big data technologies.

Port and shipping businesses will also be encouraged to embrace the new technologies to raise their competitive edge, the plan said.

Copyrights Yonhap News. All Rights Reserved.
Reprint or redistribution 
without permission is prohibited.


Source Text


Source: Yonhap News (Dec. 26, 2016)

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