South Korea Announces Plans to Lead Global Nanotech Market
The Xinhua News Agency this week reported that South Korea aims to capture 15 percent of the global nanotech market within the next seven years, becoming one of the top three nanotechnology leaders worldwide.
"The Ministry of Knowledge Economy said in a public hearing that nanotechnology holds limitless potential because it can improve existing products, help create new markets and offers leaders a chance to dominate the growing field," the article states. "South Korea poured 1.9 trillion won ($1.4 billion) into the sector in the last eight years… as of 2005, the country ranked fourth in terms of nanotechnology proficiency after the United States, Japan and Germany."
More here from ScienceInsider … and more here from AZoNanotechnology.
Posted December 24th, 2008 in Government.
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July 26th, 2009 at 1:23 pm