Tag: R&D
-
ICT companies spent over $35.3 billion on R&D for developing new 5G and AI technology
South Korea’s information and communication technology (ICT) companies spent more than 40 trillion won (US$35.3 billion) on research and development in 2019, as the country focuses on developing new 5G and artificial intelligence technology. ICT companies’ total R&D spending reached 41.4 trillion won in 2019, up 3 percent from the previous year, according to the…