Deputy Prime Minister and Minister of Economy and Finance Choo Kyung-ho is delivering opening remarks while presiding over the 'Emergency Economic Ministers' Meeting and Export Investment Measures Meeting' held at the Government Seoul Office in Jongno-gu, Seoul on the 9th.

Deputy Prime Minister and Minister of Economy and Finance Choo Kyung-ho is delivering opening remarks while presiding over the 'Emergency Economic Ministers' Meeting and Export Investment Measures Meeting' held at the Government Seoul Office in Jongno-gu, Seoul on the 9th.

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Deputy Prime Minister and Minister of Economy and Finance Choo Kyung-ho stated on the 9th, "We will introduce the 7th generation wireless LAN (Wifi 7), an ultra-high-speed home network up to three times faster, in 2024."


Presiding over the Emergency Economic Ministers' Meeting held at the government Seoul office that day, Deputy Prime Minister Choo said, "The government will create new industries and improve the quality of life for the people through the dissemination and expansion of intelligent homes utilizing artificial intelligence (AI)."


He emphasized, "To support the construction and expansion of intelligent homes, we will expand related infrastructure," adding, "We will also strengthen information security for intelligent home devices such as wallpad cameras and networks within apartment complexes."


Deputy Prime Minister Choo continued, "Considering the global trend of unifying standards under Matter, we will support joint technology development and demonstrations among home appliance, construction, and AI companies," and stated, "We will back the provision of highly perceptible services and entry into the global market."


He also mentioned, "We will provide intelligent homes linked to smart platforms at the village and city levels in a personalized manner in areas such as care for vulnerable groups, energy demand management, crime prevention, and disaster prevention," and added, "We will actively foster related industries such as smart interior design that plans and installs intelligent homes according to user needs."



Deputy Prime Minister Choo added, "Furthermore, to support domestic companies' entry into the global market, we will promote the acquisition of global standard certifications and the technological development of small and medium-sized smart device manufacturers, as well as support cooperation between promising domestic SMEs and global intelligent home platform companies such as Amazon."


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

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