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Sep 27, 2023, 4:14 am50 pts
Digitimes
The South Korean government has unveiled a substantial 16.6% reduction or KRW5.2 trillion (US$3.89 billion) in research and development (R&D) spending in its budget proposal for 2024, with the spending to drop to KRW25.9 trillion from KRW31.1 trillion in 2023. Korean industry estimates that the budget cut could…
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