Home tech Samsung offers 44 research grants for "frontier technology"

Samsung offers 44 research grants for "frontier technology"

Seong-Keun-kim-president-of-Samsung-science-technology-foundation.jpg

Professor Kim Seong-Keun of the Seoul National University was chosen to chair the foundation this week.

(Image: Samsung)

The Samsung Science & Technology Foundation has announced scholarships for 44 research projects in "frontier technology". Projects that receive subsidies include DNA sequencing and silicon sensors for the deaf, he announced.

DNA sequencing research is conducted by Professor Lee Ja Yil of UNIST and focuses on chromosome repair, while the development of transparent silicon sensors to aid the hearing impaired is performed by Professor Ki Jun Yu of Yonsei University .

This is the first round of grants that the foundation has given this year. The foundation grants grants three times a year, one in the first half and two in the second semester.

The foundation supported by Samsung was founded in 2013 and has promised to inject 1,500 billion won for ten years into promising projects. The foundation has allocated 500 billion won for basic science, materials and innovation areas in collaboration with the Samsung Research Funding & Incubation Center for Future Technology, an incubation arm of Samsung Electronics.

The foundation has so far provided 667 billion won for 517 research products and 8,657 researchers.

"We give research grants that are bold – those that we cannot predict in advance," said Kim Seong-Keun, president of the Samsung Science & Technology Foundation. Kim is a professor of chemistry at Seoul National University and a colleague of the Royal Society of Chemistry and was elected president of the school this week.

Kim said that the funding given by the South Korean government and other conglomerates focused on "management" rather than daring, pointing out that Samsung's foundation was different.

"Inevitably, project management has been a priority for South Korea because we were a quick follower, but the goals of the foundation are not focused on" managing "projects, but we are funding high-risk, high-impact projects."

The foundation is currently trying to extend its support in the areas of future technologies, such as artificial intelligence, the Internet of Things and 5G, Samsung said. "This year, more attention has been paid to consumer robots, to IT and system architecture, to health care, to semiconductor materials and to next-generation displays," Samsung added.

Last week, Samsung's 5G network was broadcast live to claim the "first in the world" title. The traditional industries of the country such as construction, heavy industry and steel are all in decline and the government hopes for new growth in services at the top of the next generation network.

RELATED COVERAGE

Samsung starts the OLED production for Galaxy Fold

Samsung Display has started mass production of the foldable OLED panels that will go into the Galaxy Fold smartphone.

Samsung Q1 profit to see the 60% shock decline

Samsung Electronics expects an operating profit of 6.2 trillion won in the first quarter of 2019, a sharp 60% drop compared to a year ago and the lowest South Korean technology giant in ten quarters.

Samsung starts mass production of its 5G chips

Samsung has started mass production for its 5G chips as it attempts to have an immediate impact in creating the next generation network.

Reportedly, the Samsung Galaxy S10 5G will be launched on April 5th

The Korea Herald reported that Samsung's 5G smartphone will be launched on April 5th without pre-orders.

Samsung Galaxy S10 5G: a cheat sheet (TechRepublic)

Samsung's new Galaxy S10 flagship includes an upcoming 5G version.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Must Read

Emotional gesture of a Member of Parliament in the European Parliament

[youtube https://www.youtube.com/watch?v=f1HzR7hqLTs?version=3&rel=1&fs=1&autohide=2&showsearch=0&showinfo=1&iv_load_policy=1&wmode=transparent&w=640&h=360] Europe is known for bureaucracy, for decisions that some people can not always understand - but Europe can be different too. Before a...

Fleetwood Mac announces new dates for the tour – CNYcentral.com

Fleetwood Mac announces new dates for the CNYcentral.com tourLOS ANGELES (AP) - Fleetwood Mac has announced dates for its North American tour, which have...

Shell Asset Management Co Lowered position in Cdk Global (CDK) as Shares Rose; Twitter (TWTR) The market value has decreased while Parus Finance Uk...

Parus Finance UK Ltd decreased its stake in Twitter Inc (TWTR) by 42.52% based on its latest 2018Q4...