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January 15th, 2008

Nanotechnology Roadmap Unveiled

Abstract:
The Ministry of Science and Technology said Tuesday that South Korea will try to become one of the three leading nations in the field of nanotechnology by 2020.

A nationwide roadmap for the research and development of the related technologies has been drawn up by 83 scientists and other experts over the past two years, the ministry said. The roadmap expects that Korean companies and institutions using various nanotechnology will earn about $260 billion a year by around 2015 and $500 billion in 2020, about 20 percent of the global market.

``The nanotechnology will lead the technology evolution in the nation's major industries, and will be a growth engine in emerging industries,'' the ministry said in a release.

Source:
koreatimes.co.kr

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