The government has decided to actively foster the software (SW), Radio Frequency Identification (RFID), robot industries as the next-generation core growth industries. Minister of Information and Communication Chin Dae-je recently said that the government would invest a total of 1.2 trillion won in the three main industries for the coming five years.
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The investment amount will break down into 553.4 billion won for the SW industry, 440.4 billion won for the RFID industry and 209.3 billion won for the robot industry.
By actively fostering the core three industries, the government plans to achieve its long-cherished dream of $30,000 in per capital national income, he said.
To this end, the ministry will make a strong push for specialization of the IT service, fostering of top-class manpower in the embedded SW sector, rearing of enterprises leading package SW, development of top-level digital contents, and introduction of robots priced at around 1 million won.
Noting that the government has established a foundation to make Korea a top country in the IT sector, Minister Chin said that it will place first priority on the SW policy this year to lead the world's IT market.
Korea's IT exports amounted to $78 billion in 2005 and the export figure is expected to increase by 11.2 percent to $88.3 billion this year.
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