Samsung Electronics and its technology foundation said on Tuesday they are spending 48.65 billion won ($40 million) this year to fund 27 new research projects on futuristic technologies ranging from anti-aging to new materials for fleas.
The tech giant has been supporting local researchers and their work through the Samsung Science & Technology Foundation since 2013. About 1.5 trillion won has been donated to support 735 projects involving 14,000 researchers at some 50 schools over the course of the last decade.
Among this year’s winners, 12 foundational science projects were selected for their novel approach as well as their academic values, Samsung said.
One of the teams, led by Kang Chan-hee, a professor of life sciences at Seoul National University, will check the aging process of cells in the human body.
Aged cells usually migrate to other parts of the body through the senescence-associated secretory phenotype or SASP. The team will examine why aging is accelerated in some cells rather than others, which could help develop treatments for age-related diseases such as arthritis and metabolic syndrome.
Eight projects on new materials were also selected given their potential for industrial use such as in chips and batteries.
Another team, led by Kim Joon-seong, a physics professor at Pohang University of Science and Technology, will develop new magnetic materials that dramatically increase the resistivity of semiconductors.
Low temperature and high magnetic field performance is considered crucial for massive computing and data centers that consume a lot of electricity. The new materials would accelerate the commercialization of memory chips operating at extremely low temperatures.
A team, led by Choi Young-jae, professor of materials engineering at the Gwangju Institute of Science and Technology, is developing a new refining technology for RNA structures that boosts the refining rate from the current 70% at 99%.
A higher refining rate would help increase the overall efficiency of RNA vaccine production, regardless of quantity or complexity.
The remaining seven projects are related to innovation in ICT, such as the 6G network and quantum computing.
Kwon Young-jin, professor of computer science at the Korea Advanced Institute of Science and Technology, plans to develop a virtual system without memory bugs, which provides both safety and security for data-heavy research work for autonomous driving. or cloud services.
Samsung said selected projects will receive more hands-on support, such as commercialization mentorship, as well as funding for up to five years.
By Lee Ji-yoon ([email protected])