By Anjali Sharma
WASHINGTON – The South Korea science ministry on Friday said that it will seek to secure technologies for 100 advanced materials for the chip, biology, and other industries in next 5 years.
According to the Ministry of Science and ICT, the government will support science research and development projects to independently develop 100 advanced materials, including 20 semiconductor-related materials, 23 battery materials, and 10 biomaterials, media reported.
The government has a 10-year plan to develop 100 materials for future technologies, such as artificial intelligence chips, quantum, robotics, and space, to secure a competitive edge against other countries in the industries.
The move came as experts assess South Korea’s technological capabilities in advanced materials remain at 84 per cent of the level of the United States and also lag behind those of China and Japan, the ministry explained.
Science Minister Yoo Sang-im said “The advanced materials sector is a key driving factor that determines the country’s capabilities in key strategic technology fields, such as semiconductors and secondary batteries,”.
“We will expand investment in materials technologies for the present and future to preemptively respond to any potential global supply chain crisis,” he added.
South Korea’s industry ministry informed that the country has kicked off its first domestic production of filters using nanotechnology, paved the way for the self-supply of a critical product needed to produce semiconductors, Yonhap reported.
According to the Ministry of Trade, Industry and Energy the production began at the factory of Synopex in Dongtan, 40 kilometers south of Seoul, with a capacity that is sufficient to meet the entire domestic demand
The ministry said that South Korea has been relying entirely on imports for the material, with annual demand estimated at 8,000 units or 100 billion won ($69.5 million).
The government allocated 12.3 billion won for the project in line with efforts to accelerate research projects to support the materials, parts, and equipment industries and stabilizing supply chains.
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