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Tuesday 26 September 2023
South Korea to invest KRW2.2 trillion in building advanced industry clusters
The South Korean government plans to invest KRW2.2 trillion (US$1.66 billion) in the next five years to strengthen the competitiveness of cutting-edge industries such as semiconductors,...
Thursday 7 September 2023
South Korea focuses on domestic production of materials and components, despite rare R&D budget cuts
The South Korean Ministry of Trade, Industry, and Energy (MOTIE) has allocated a budget of KRW11.22 trillion (approximately US$84.9 billion) for the year 2024. Based on President...
Monday 4 September 2023
European public cloud spending to reach US$142 billion in 2023, defying budget cuts amid economic downturn, says IDC
According to the Worldwide Software and Public Cloud Services Spending Guide published by IDC, public cloud services spending in Europe will total US$142 billion in 2023 and will...
Friday 25 August 2023
South Korea's MSIT slashes 2024 R&D budget, raises tech sector worries
The Ministry of Science and ICT (MSIT) in South Korea has made a decision regarding the allocation of the research and development budget for 2024. This move, aimed at enhancing the...
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Samsung expands mobile phone production beyond Asian countries, says DIGITIMES Research
SLMs to increase presence in GenAI business opportunities, says DIGITIMES Research
Generative AI market to reach US$1.5 trillion by 2030 with Taiwan holds hardware advantage; software and services to see promising future, says DIGITIMES Research