South Korea approves 2026 plan to boost National Strategic Technologies investment
South Korea’s Ministry of Science and ICT announced the 2026 implementation plan for the nation’s National Strategic Technologies (NSTs). The planned NST R&D investment for 2026 is 8.6 trillion won, up about 30% from the previous year, as part of a broader push to strengthen technologic leadership amid global competition.
The plan was approved at the 13th meeting of the National NST Special Committee, chaired by Park In-gyu, head of the Science and Technology Innovation Bureau at the ministry. It sits under the National Strategy for NST Development, a long‑term policy framework created by the Special Act on NST Development.
Officials said the 2026 implementation plan aims to establish a NEXT framework to sustain and advance core NSTs, with a focus on elevating the entire NST system in the first half of 2026. The government intends to shift toward the new framework as part of a broader modernization of how Korea manages and deploys strategic technologies.

Three core objectives anchor the plan: ensure nonstop growth to secure NEXT NSTs; mount a comprehensive technology security posture to respond to NEXT challenges; and implement a mission‑driven policy framework designed to create NEXT technologies and future growth engines. The aim is to consolidate national capability to safeguard tech sovereignty and drive new sources of growth.
Financial scaffolding accompanies the plan. The government has earmarked 46.6 trillion won in policy financing to support NST R&D and related activities, with further expansion planned for 2027. In February, Korea also launched the first Science and Technology Innovation Fund (STIF), worth 7.632 trillion won, to back five NST fields including semiconductor, display, and AI.

Officials say the NST framework will be updated to reflect rapidly changing international conditions and shifting policies among major powers, with AI transformation identified as a starting point for the reform. The objective is to align Korea’s technology strategy with evolving global standards and incentives.
Park In-kyu underscored that, as geopolitical frictions intensify, strategic technologies have become essential assets for both the economy and national security. He said cross‑ministry collaboration would be strengthened to accelerate results and to build a robust NST innovation ecosystem capable of competing in global tech leadership.
Why this matters beyond Korea: Korea is a major player in high-tech supply chains, notably in semiconductors and displays, and is a key node for AI and other advanced industries. The plan signals Korea’s intent to secure critical technologies domestically while shaping international collaboration and competition. For U.S. readers, the development could influence supply chain resilience, joint R&D or co-investment opportunities, and broader technology policy and market dynamics in AI, semiconductors, and next‑generation display technologies.