Korea - Artificial Intelligence Korea - Artificial Intelligence
South Korea recognized that there is an engineering gap for experienced and skilled AI talent and therefore in 2019, the ROK designated five universities as AI Engineering schools. Additionally, the ROK plans to add more schools in the coming years with a focus on developing highly qualitied AI engineers. Many in the country see the creation and development of AI startups and businesses as vital to building a strong AI ecosystem. As a result, the ROK is supporting the creation of an AI-oriented startup incubator to help develop emerging AI businesses.
The major Korean ICT companies are aggressively pursuing AI technologies. Two leading electronics companies - Samsung and LG Electronics, the top internet companies - Kakao and Naver, and the major telecom companies - SK and KT, have invested significantly in Artificial Intelligence. Just to highlight a few investments:
- Samsung has opened seven AI centers in five countries and worked on various projects such as new machine learning algorithms, AI Chip and On-Device AI.
- Naver, Korea’s largest search engine and portal site, acquired Xerox AI research center Europe in 2017 and developed its own core AI engines for speech/image recognition, machine learning platform and test analytics, etc. Also, in 2019, the company and the Softbank group jointly committed to invest $1 billion investment, annually.
- KT, the second largest mobile carrier in Korea, has committed $300M investment on core AI research for the next three years, and announced a plan to expand its AI engineer headcount and partnership with other AI companies.
· AI Chip: By reducing the need to send and receive data over the internet, AI chips enable devices to perform intensive AI computations on all IT devices. All the major Korean ICT companies have been investing heavily on developing AI chips for adding new product and services based on AI.
· Monetization of AI: As Korean companies are leveraging AI as part of core technology stacks, they need to monetize the technology on a large scale. These companies are actively seeking to learn more on how to monetize AI through their new/existing products and services.
· Explainable AI: As the influence of AI technology spreads across sectors such as healthcare, finance and defense, companies are looking for the AI models that provide greater interpretability or users and guarantee the reliability of the model. Trade Shows
- AI EXPO Korea (September, Seoul)
- Organized by KORAIA, AI Expo is the only AI exhibition in South Korea. In 2019, 127 Korean/global companies and 21,000 participants attended the event. The exhibition also featured technology seminars and network events.
- Ministry of Science and ICT (MSIT): https://www.msit.go.kr/english
- National Information Society Agency (NIA): https://eng.nia.or.kr/
- NIA AI Hub: http://www.aihub.or.kr/
- Korea Artificial Intelligence Association (KORAIA): https://www.koraia.org/
- Artificial Intelligence Industry Association (AIIA): https://k-ai.or.kr/
Mr. Chan Hyuk Kim
U.S. Commercial Service, Korea
U.S. Embassy Seoul
188, Sejong-daero, Jongno-gu
Seoul 03141, Korea
http://www.export.gov/southkorea Prepared by our U.S. Embassies abroad. With its network of 108 offices across the United States and in more than 75 countries, the U.S. Commercial Service of the U.S. Department of Commerce utilizes its global presence and international marketing expertise to help U.S. companies sell their products and services worldwide. Locate the U.S. Commercial Service trade specialist in the U.S. nearest you by visiting http://export.gov/usoffices.