won

EU provides 1.46 trillion won in energy transition support to Portugal

The European Union (EU) announced on the twenty seventh (local time) that it has approved 1 billion euros (about 1.46 trillion won) to support Portugal's energy transition for a decarbonized economy. It is a larger...

“Samsung and TSMC to Establish 130 Trillion Won Chip Factory in UAE”

Samsung Electronics and Taiwan's TSMC are reportedly considering constructing a large-scale semiconductor factory value 100 billion dollars (about 134 trillion won) within the United Arab Emirates (UAE) inside the following few years. The Wall Street...

Western Power, UAE Solar Power Project of 1.2 Trillion Won in Full Swing… Goal for Completion in 2026

Korea Western Power is in command of a 1.5 gigawatt (GW) solar energy project in Abu Dhabi, United Arab Emirates (UAE). This project is a large-scale investment of $900 million (roughly KRW 1.2 trillion),...

National Police Agency Invests 9.1 Billion Won in Developing AI Technology to Detect Deepfakes… Next 12 months’s Budget Plan

The National Police Agency (Commissioner General Cho Ji-ho) will invest a complete of 9.1 billion won over three years in the event of artificial intelligence (AI) detection technology to reply to fake content crimes...

‘Biden AI Fake Call’ Telecom Company Fined 1.3 Billion Won

'Biden AI fake call' telecommunications company fined 1.3 billion won The US Federal Communications Commission (FCC) on the twenty first (local time) announced that a fake artificial intelligence (AI) robocall imitating President Joe Biden...

“AI investment and profit gap is 690 trillion won per yr…Blind investment should be avoided”

In accordance with an evaluation, Big Tech's annual investment in the substitute intelligence (AI) boom is $600 billion (about 830 trillion won), but its profits are lower than $100 billion (about 138 trillion won)...

Gwangju holds ‘AI Startup Entrepreneurship Contest’… Total support of 750 million won to 10 teams

A stage was set to compete against the creative ideas and technical skills of prospective entrepreneurs who will lead the long run artificial intelligence (AI) industry. Gwangju City (Mayor Kang Ki-jung) held the 'K-Digital...

Last yr, the highest 1,000 corporations invested 72.5 trillion won in R&D… only ranked ninth globally, behind Taiwan.

The Ministry of Trade, Industry and Energy (Minister Ahn Deok-geun) and the Korea Institute for Advancement of Technology (President Min Byeong-ju) announced on the twenty third the outcomes of an R&D investment survey of...

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