According to foreign media reports, South Korea, which had announced earlier. That it will invest heavily in research and development of 6G Network, artificial intelligence and autonomous driving technologies, also plans to invest funds to promote research and development of sensor technology.
News of South Korea’s plan to invest funds to support research and development of sensor technology was reported by South Korean media.
South Korean media has cited reports from the South Korean Ministry of Trade, Industry and Energy. that they plan to invest US $186.5 billion won for research and development of sensor technology, and the corresponding funds will be allocated to South Korean universities. Next year and venture, until 2028.
Sensors are widely used in electronic products, automobiles and other products. Concerned organizations estimate that the global demand for sensors will reach 1 trillion in 2024, an increase of US $100 billion from 2020.
South Korea’s Ministry of Trade, Industry and Energy made the prediction. That the global sensor market reached US $193.9 billion last year and is expected to reach US $332.8 billion in 2025 with an average annual growth rate of 11%.
South Korea plans to invest US $186.5 billion to support research and development of sensor technology by 2028. It is expected to ensure that it masters the key technologies of the next generation of sensors, and then develops into this increasingly important area.
Read More About 6G Network click here…