The Ministry of SMEs and Startups (MSS) will provide 30,000 smart factories by 2022 to help SMEs innovate their manufacturing systems. The ministry believes that its smart factory supply project has contributed to stimulating manufacturing innovation at SMEs and establishing a win-win platform betwe
The size of the South Korean Internet of Things (IoT) industry has grown by nearly two times in four years. Based on such growth, the country’s IoT market is expected to become the fifth largest in the world this year after the United States, China, Japan and Germany.The Ministry of Science and ICT
The South Korean government, including nine economy-related ministries such as the Ministry of SMEs and Startups (MSS) and the Ministry of Trade, Industry and Energy (MOTIE), held a briefing session on its small and mid-size business smart manufacturing innovation strategy at a council chamber in th
"Korea is dependent on foreign countries for robot parts and software," said Moon Jeon-il, president of the state-run Korea Institute for Robot Industry Advancement (KIRIA), in an exclusive interview with BusinessKorea. Moon, who took office as CEO of KIRIA in January this year, went on to say, "How