Director Kim Seongsu Holds Corporate Meeting on COVID-19 Economic Crisis

On the 4th, Kim Seong-su, Co-Chairman and Head of the Science and Technology Innovation Headquarters, is speaking at the 1st Special Committee on Materials, Parts, and Equipment Technology held at KT Gwanghwamun in Jongno-gu, Seoul. / Photo by Moon Honam munonam@

[Asia Economy Reporter Junho Hwang] On the 3rd, Kim Seong-su, Director of the Science and Technology Innovation Headquarters at the Ministry of Science and ICT, held a meeting with companies to respond to the economic crisis caused by the novel coronavirus infection (COVID-19).

Director Kim met with representatives of small and medium-sized enterprises and heads of affiliated research institutes to listen to the difficulties faced in conducting corporate research and development (R&D). The attendees discussed the impact of the spread of COVID-19 on corporate R&D activities and shared ideas on measures to overcome the challenges experienced in the field.

Director Kim stated, "The government will continuously communicate with companies and prepare effective measures so that companies can maintain their technological capabilities and secure growth opportunities after COVID-19, even in times of crisis."

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