#37 - SMART CITY & SPS IPC DRIVE

South Korea Charts “Revolutionary” Course

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Online publication L’Usine Nouvelle reports that Seoul is aiming to position the country in the vanguard of the fourth industrial revolution. Following on the heels of mechanization, electrification and computerization, the next stage is predicted to feature increased digitization, integration of multiple technologies and ever more reliance on augmented reality and artificial intelligence. The theme was ubiquitous during the recent Invest Korea Week conference designed to draw foreign investors. The smart factory trend was often in the spotlight. But seminar and presentation subjects also included networking, transforming Korea into a country of startups, job creation and partnerships with businesses and local governments. There was an all-day job fair and visits to free economic zones dedicated to land, air and sea transportation, logistics, biotech, IT and new energy sources, including solar power. President Moon Jae-in’s government recently created a committee to steer the country toward cutting-edge preeminence. L’Usine Nouvelle quoted an investment ministry spokesperson as stating:

We want to become a leading country in the fourth industrial revolution.

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