The government on the 6th released the direction for promoting economic structure innovation. It said it will push the AI transition of other major industries to ease the economy's reliance on semiconductors.

The government said it will sequentially draw up and release AI-based process innovation and industrial advancement plans for key industries, including steel, petrochemicals, home appliances, shipbuilding, automobiles, and bio. It also decided to supply AI robots at a level of 1,000 units a year.

Steel products are stacked at Pyeongtaek Port in Poseung-eup, Pyeongtaek, Gyeonggi Province. /Courtesy of News1

On the day, Koo Yun-cheol, Deputy Prime Minister for the Economy and Minister of Economy and Finance, presided over the meeting of the Emergency Economic Headquarters and the ministers' meeting on economic and structural innovation and released the details. It expanded and reorganized the continuing Emergency Economic Headquarters meetings after the Middle East war into the ministers' meeting on economic and structural innovation. The government said it will make this meeting a regular monthly session to identify structural reform tasks.

In the fourth quarter of this year, the government will release support measures for structural innovation in the steel and petrochemical industries. For bio, it will release a plan in September to foster K-pharmaceutical-bio frontier corporations, and in the fourth quarter it will draw up a comprehensive roadmap for AI new drug development. Next year, it will also prepare a research and development (R&D) roadmap for bio materials, parts, and equipment. For home appliances, it will establish a roadmap in the second half for developing manufacturing AI models and building training data.

For shipbuilding, it will develop manufacturing AI such as welding robots within this year. It also plans to release the basic plan to promote the development and commercialization of autonomous ships and the basic plan for developing and supplying eco-friendly ships. For mobility, it will develop a common AI platform for electric vehicle manufacturing next year. To nurture the robot industry, it will launch dedicated R&D for the three core components—actuators, sensors, and robot hands. It will also begin developing specialized humanoids for the 10 key industries of chemicals, steel, automobiles, batteries, shipbuilding, home appliances, logistics, hospitals, hotels, and displays.

The government will also overhaul welfare eligibility standards, including livelihood and medical benefits, so that the warmth of economic growth spreads to all citizens. In addition, it will push reforms of the basic pension and retirement pensions within the third quarter. To help young people respond to the AI transition, it will revamp the National Tomorrow Learning Card.

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