Government to Promote 48 Billion KRW 5G+ Convergence Service Project

Business Briefing Session on the 15th to be Held on NIPA YouTube Channel

[Asia Economy Reporter Cha Min-young] The government will invest 48 billion KRW in the public and private sectors to create an initial market for 'I-eum 5G (5G specialized network)' by conducting three demonstration projects.

The Ministry of Science and ICT announced on the 14th that it will hold an online briefing session for the '5G Plus (+) Convergence Service Project' in collaboration with the National Information Society Agency (NIA) and the National IT Industry Promotion Agency (NIPA) on the 15th.

This project consists of three demonstration projects to create an initial market for I-eum 5G, investing 48 billion KRW next year to support the establishment of 11 I-eum 5G convergence services.

The government will build and operate a total of seven convergence services in the public sector, including five based on mobile edge computing (MEC) (public healthcare, logistics, safety, aviation, energy) and two through open competition. In the private sector, 5G will be applied to four areas with significant industrial ripple effects (manufacturing, private healthcare, immersive culture, immersive education, etc.).

The online project briefing will be held live on the NIPA YouTube channel from 2 p.m. on the 15th. Related announcements will be posted after the briefing. Details can be found on the NIA and NIPA websites.

Minister Lim Hye-sook of the Ministry of Science and ICT stated, “I hope that I-eum 5G will serve as a breakthrough for the spread of convergence services, creating innovative and sustainable services true to 5G,” and added, “We plan to promote a 5G+ public-private partnership to expand 5G and establish the world’s best 5G industrial ecosystem.”

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