SEOUL -- South Korean President Moon Jae-in has tripled the number of high-tech materials that will receive government research funding, targeting robotics, energy and software, expanding the program one year after its launch in response to Japanese export restrictions.
The government unveiled Thursday an expanded list of 338 items designated as strategic products, earmarking 2 trillion won ($1.67 billion) a year in additional research and development spending. The aim is to increase homegrown supply of cutting-edge materials that the country had relied on Japan for.
