DEMAND FOR ICT PRODUCTS IN S. KOREA ROSE 32.6 PERCENT IN APRIL

Highlights –

• Demand for ICT products in S. Korea rose 32.6 percent in April.
• In April, outbound shipments of ICT products were estimated at US$17.06 billion.
• Imports last month reached $10.78 billion, up 21.5 percent from a year earli...

S. KOREA TO DEVELOP A RESPONSE SYSTEM AGAINST ILLEGAL DRONES

Highlights –

• S. Korea to develop a response system against illegal drones.
• The govt. plans to invest $37.6 million to develop the system.
• A response system that spots and neutralizes the illegal unmanned aircraft is said to be built.<...

KARI CONDUCTED ITS FINAL COMBUSTION TESTS ON HOMEGROWN ‘NURI’ ROCKET

Highlights –

• KARI conducted its final combustion tests on homegrown ‘Nuri’ rocket.
• The rocket is aimed for launch later this year.
• This will be Nuri’s second launch; it aims to carry a 1.5-ton satellite slated for Ma...

S. KOREA’S EXPORTS OF ICT PROUCTS INCREASE BY 11.5 PERCENT IN FEB. 2021

Highlights –

• S. Korea’s exports of ICT products increase by 11.5 percent in Feb. 2021.
• Strong overseas demand for chips and displays led to increasing in exports.
• Outbound shipment of chips advanced to $5.22 billion.
• ...

S. KOREANS SPENT AROUND 20 HOURS PER WEEK USING THE INTERNET IN 2020

Highlights –

• S. Koreans spent around 20 hours per week using the internet in 2020.
• The amount is said to be more than the time spent the previous year.
• In 2020, the average time internet users spent on social media stood at 65.8 minut...

S. KOREA OFFERS FREE VIDEO CALLS DURING THE LUNAR NEW YEAR HOLIDAY

Highlights –

• S. Korea offers free video calls during the Lunar New Year holiday.
• The ICT ministry gave the order to encourage virtual family meetings amid pandemic.
• SK Telecom Co., KT Corp., and LG Uplus Corp. agreed to not charge fo...

S. KOREA ANNOUNCES AN INVESTMENT OF $549 MILLION FOR SPACE PROJECTS

Highlights –

• S. Korea announces an investment of $549 million for space projects.
• S. Korea will invest in its first homegrown rocket and develop new satellites.
• In October 2021, S. Korea plans to launch its first locally built Nuri ro...

S. KOREA ASKS FOREIGN AND LOCAL ONLINE COMPANIES TO PROVIDE STABLE SERVICES

Highlights –

• S. Korea asks foreign and local online companies to provide stable services.
• Google, Facebook, Netflix, Naver, Kakao, and Wavve asked to comply with the country’s new law.
• The country will now hold service providers...

S. KOREA’S KARI DEVELOPED SPACE VEHICLE LAUNCH TO BE DELAYED BY 8 MONTHS

Highlights –

• S. Korea’s KARI developed space vehicle launch to be delayed by 8 months.
• The delay is due to changes in its assembly process of the first-stage rocket.
• KARI has been developing the space launch vehicle since 2010.<...

S. KOREA GOVERNMENT TO INVEST $470 BILLION IN BIOTECHNOLOGY IN FISCAL 2021

Highlights –

• S. Korea government to invest $470 billion in biotechnology in fiscal 2021.
• The country’s Ministry of Science and ICT represents a 24.9% hike from 2020.
• Until 2030 the government plans to spend a total of 2.2 trilli...

CHOLLIAN 2B LAUNCHING ON WEDNESDAY, ENVIRONMENT MONITORING SATELLITE

Highlights –

• Chollian 2B lift off on Wednesday
• KARI has done all necessary checking
• Ministry of Science and ICT collaboration

As per the statement made by the South Korean government-led aerospace project team, Chol...