[Image source: Gettyimagesbank]The South Korean government will launch a project to build joint research facilities and equipment to foster technologies in the materials, parts, and equipment sectors across chips, displays, and automobiles.The Ministry of Trade, Industry, and Energy announced on Monday that it is holding an open competition for new projects aimed at developing infrastructure to support the core strategic technologies in the materials, parts, and equipment sectors.The project's objective is to help companies commercialize their strategic technologies by having public agencies and non-profit organizations build research facilities and equipment.

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