A Total of 3.96 Billion KRW Invested by 2023 ... Establishing a 5G-Based New Industry Ecosystem

On November 18, Gu Hyun-mo, CEO of KT (second from left), Jung Ki-sun, Vice President of Hyundai Heavy Industries Holdings (left), and others visited the Hyundai Robotics Robot Logistics System Demo Center in Gwangju, Gyeonggi Province, and received an explanation about the 5G-based AI unmanned forklift. <br>[Photo by Yonhap News]

On November 18, Gu Hyun-mo, CEO of KT (second from left), Jung Ki-sun, Vice President of Hyundai Heavy Industries Holdings (left), and others visited the Hyundai Robotics Robot Logistics System Demo Center in Gwangju, Gyeonggi Province, and received an explanation about the 5G-based AI unmanned forklift.
[Photo by Yonhap News]

View original image

[Asia Economy Yeongnam Reporting Headquarters, Reporter Park Dong-wook] Daegu City announced on the 23rd that it has been selected as a regional hub for the '5G Open Test Lab Operation' in the 5th Generation Mobile Communication (5G) Convergence Service Testbed Construction Project implemented by the Ministry of Science and ICT (Korea Information Society Development Institute).


With this project selection, Daegu City will invest a total of 3.96 billion KRW (3.6 billion KRW national funds, 360 million KRW city funds) over four years until 2023 to promote the regional hub 5G convergence service testbed construction project in collaboration with the Korea Information Society Development Institute and Daegu Technopark.


Through this project, a regional hub 5G open test lab will be established and operated to provide full-cycle technical support including development, testing, verification, and product commercialization support for 5G convergence services, terminals, and equipment targeting local small and venture companies as well as industry-academia-research sectors.


The 5G Open Test Lab will provide indoor and outdoor 5G test environments by establishing a 5G test network linked with the National Research and Education Network (KOREN), terminal performance measurement equipment and solutions, shielded rooms, and research and development labs. KOREN (KOrea advanced REsearch Network) is a national research and development network operated to enable industry, academia, and research institutes to research, test, and verify leading ICT network technologies and equipment.


Through this, local small and venture companies facing difficulties in testing and verification in actual 5G network environments will be able to freely develop and test 5G convergence services and related products in various fields such as smart cities, autonomous vehicles, smart factories, immersive content, and digital healthcare.


'5G Convergence Service' refers to services that realize new value by utilizing 5G characteristics (ultra-high speed, ultra-low latency, hyper-connectivity, and service-specific specialized networks) in various fields such as manufacturing, media, automotive, and medical. The regional 5G Open Test Lab is scheduled to open in January next year at the Daegu TP Mobile Convergence Center.



Hong Eui-rak, Deputy Mayor for Economic Affairs of Daegu City, stated, "This project will pioneer and revitalize the 5G market based on the Korean version of the Digital New Deal, serving as an opportunity to further strengthen the competitiveness of local companies." He added, "We expect many local companies to develop and demonstrate products and services using the testbed, leading to the proactive creation of new 5G industries in the region."


This content was produced with the assistance of AI translation services.

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing