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S. Korea to Invest 1.9 Trillion Won Next Year for ICT

Written: 2015-09-01 16:46:17Updated: 2015-09-02 10:11:38

S. Korea to Invest 1.9 Trillion Won Next Year for ICT

The government has decided to invest about one-point-nine trillion won next year to foster the industries of information and communications technologies (ICT).
 
The Ministry of Science, ICT and Future Planning said on Tuesday that it had finalized a plan to promote ICT industries in a strategy meeting held the previous day.
 
The plan focuses on technical development and construction of infrastructure for five-generation (5G) mobile networks.
 
In addition, the government will support small businesses and venture firms seeking business in the Internet of Things.

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