Ministry of Industry Invests 3.4 Billion KRW to Resolve On-Site Issues for SoBuJang Companies

First Announcement of the 1st Phase Advanced Technology Support Project by the Convergence Innovation Support Group for Materials, Parts, and Equipment

[Asia Economy Reporter Sunmi Park] The government will invest 3.4 billion KRW to resolve on-site difficulties faced by 소재·부품·장비 (SoBuJang, Materials, Parts, and Equipment) companies.

On the 20th, the Ministry of Trade, Industry and Energy announced the first public notice of the "SoBuJang Convergence Innovation Support Group Advanced Technology Support Project," which supports the technological independence of SoBuJang companies through the SoBuJang Convergence Innovation Support Group composed of 40 public research institutions. This project utilizes the infrastructure such as technology, personnel, and equipment possessed by research institutes belonging to the Convergence Innovation Support Group to support SoBuJang companies in strengthening their technological capabilities, including commercialization technology issues and process improvements.

At a time when strategic preparation for realizing the ultra-gap in advanced industries such as semiconductors and displays due to the globalization and restructuring of supply chains is becoming increasingly important, as well as strengthening corporate competitiveness, this project aims to proactively identify and support the technological difficulties of our SoBuJang companies.

The project plans to announce twice this year, in the first and second halves. Through the first announcement on February 1, about 25 tasks (worth approximately 1.7 billion KRW) will be selected and supported, and the second announcement will be made after July. Priority will be given to supporting convergence-type R&D projects that respond to future issue technology fields and general-purpose technologies in the SoBuJang industry, as well as advanced technological transitions such as micro OLED, to address changes in industries like supply chain stability, carbon neutrality, and digital transformation.

The Ministry of Trade, Industry and Energy has supported 98 advanced technology support projects over the past two years through the SoBuJang Convergence Innovation Support Group. In particular, from this advanced technology support project, support will be expanded through four newly participating institutions in fields such as bio, advanced materials, secondary batteries, and medical devices. Additionally, by linking with SoBuJang specialized complexes and regional Technoparks (TP), the ministry plans to support the strengthening of our companies' SoBuJang technological innovation capabilities to secure global competitiveness.

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