South Korea
South Korea's Ministry of Strategy and Finance said the government is expanding financial assistance for new growth engines from 3.4 trillion won in 2011 to 3.9 trillion won in 2012, focusing primarily on strengthening the structure of the software industry, and establishing the “IT Future Vision 2020” plan.
Ericsson, via its local entity LGEricsson, had signed a commercial contract with Korean wireless service provider LG U+ to build a ultra-high speed LTE commercial service network. This will enable LG U+ to support the existing CDMA and 4G LTE mobile service and help bring commercial LTE services to Korea by July 2011.
The creation of new cities primarily in the developing world undoubtedly puts a strain on government resources and has wide-ranging implications on how governments manage urbanization and how the mass of city dwellers will get to live in the new urban spaces. Dr. Steve Hodgkinson, research director, Ovum Australia and New Zealand, says that technology can, and should make a difference in cities in the same way it makes a difference to organizations.
South Korea and the United Arab Emirates signed a three-year agreement to boost the green growth sector.
Korea will open the first public high school for children from multicultural families in Seoul in March of 2012, the government reported in its website.
South Korea's Ministry of Knowledge Economy announced in its web portal korea.net that the government will inject 1.2 trillion won into the sector in 2011.
The Korean government is aiming to become a world leader in robotics by 2018, its government portal announced recently.
Social software helped world leaders, diplomats and policy makers collaborate at the recent G-20 summit in Seoul, South Korea, the second time this year that the solution played a role in the event.
South Korea’s smart cards unit shipment is expected to rise 6.2% in 2010, rebounding from last year’s slump in demand. By the close of 2010, an estimated 49.6 million units are expected to be shipped, up from 46.7 million in 2009.
To promote cooperation in the field of infocomm technology between the Republic of Singapore and the Republic of Korea, the two countries signed a Memorandum of Understanding (MOU) on e-Government cooperation.
