The finance ministry of South Korea has declared that the country is poised to introduce cloud services leveraging domestically created quantum computers and initiate trial flights of urban air mobility (UAM) vehicles within the Seoul metropolitan areas this year.
These initiatives form essential components of the government’s broader strategies geared towards nurturing advanced technologies and stimulating growth.
According to the Ministry of Economy and Finance, the government’s agenda includes the introduction of cloud services utilizing 20-qubit indigenous quantum computers for public use in the latter half of this year.
Additionally, plans entail embarking on the development of a more sophisticated 50-qubit computing system by 2026.
In the realm of next-generation mobility, the government intends to kick off flight trials of UAM vehicles over the Gyeongin Ara waterway, connecting the Han River and the Yellow Sea, beginning August. These tests, spanning Seoul and its environs, will persist until June 2025, with the nation aiming to launch commercial services in the subsequent year.
Furthermore, the government pledged continued support for pivotal industries such as secondary batteries, semiconductors, displays, and shipbuilding to bolster technological prowess this year.
During an emergency meeting of economic ministers, Finance Minister Choi Sang-mok emphasized the potential of sectors like mobility, quantum technology, and biotechnology to serve as new engines of economic growth, affirming the government’s commitment to delivering tangible outcomes in related projects.