Developer docs
API playgroundTry for free, no card

Search company profiles

MSIT (Ministry of Science and ICT)

Full company profile

uuid003ckp7

Namestring
MSIT (Ministry of Science and ICT)
Legal namestring
Ministry of Science and ICT
Websiteurl
msit.go.kr
Company typeenum
Public
Founded yearint
2017
Descriptiontext

MSIT (Ministry of Science and ICT, 과학기술정보통신부) is a cabinet-level ministry of the Republic of Korea, headquartered at Government Complex-Sejong, with approximately 501–1,000 employees. Formed in 2013 from the merger of the Ministry of Science and Technology and the Ministry of Information and Communication and renamed to its current form in 2017, MSIT is responsible for national policy on science, information and communications technology, semiconductor strategy, quantum technology, space AI, and cybersecurity. The ministry formulates and enforces regulatory frameworks — most notably the AI Basic Act, which came into force on January 22, 2026 as the world's first comprehensive national AI regulatory regime covering high-impact AI in healthcare, transportation, nuclear safety, and finance, with labeling, transparency, and local-representative obligations backed by fines of up to KRW 30 million.

MSIT does not sell commercial software or services; it operates through policy, research funding, and partnership orchestration. Its core "products" are programs rather than SaaS: the InnoCORE Global Postdoctoral Program (scaling to ~1,000 researchers with USD 465 million of five-year funding and an annual package of USD 62,000 salary plus USD 41,500 research funding), the SME Cybersecurity Support Programs (seven free services delivered via KISA), the AI-based cyber threat response plan, and the K-Moonshot project targeting 12 national challenges by 2035. Technically, MSIT funds and coordinates AI infrastructure including the NVIDIA/Hyundai AI Factory (50,000 Blackwell GPUs, ~USD 3 billion), an aggregate of more than 250,000 NVIDIA GPUs across Korean manufacturing and telecommunications deployments, and the verification of a space radiation-hardened IGZO-based synaptic AI semiconductor (92.61% pattern-recognition accuracy under 20-year LEO-equivalent proton radiation).

Its business model is government-funded rather than revenue-based: budgets are allocated by the National Assembly and the ministry reports to the executive branch. Stakeholders include SMEs receiving cybersecurity services, researchers and universities participating in InnoCORE, major Korean industrial companies (Samsung, SK hynix, SK Telecom, Hyundai, Samsung C&T, Samsung Heavy Industries, Samsung SDS) participating in flagship AI infrastructure deals, AI developers subject to the AI Basic Act, and international technology partners (OpenAI, Google DeepMind, NVIDIA, Anthropic, Italian Space Agency, ITU). Revenue is not reported in the manner of a private company; the ministry's value is delivered through regulatory certainty, research output, and ecosystem capitalization rather than through commercial sales.

Short descriptiontext

MSIT (Ministry of Science and ICT) is South Korea's cabinet-level ministry that sets national science, ICT, semiconductor, and AI policy — including the world's first comprehensive AI regulation — and orchestrates flagship research, cybersecurity, and infrastructure programs through partnerships with NVIDIA, Google, OpenAI, and Korean industrial champions.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
501–1,000
akta.pro rankint
HeadquartersSejung, South Korea
HQ citystring
Sejung
HQ countrystring
South Korea
HQ regionstring
Asia
Markets served

Serves global market

Offices2 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
national science policy, AI regulatory framework, cybersecurity support programs, research funding programs, technology infrastructure development
Industry3 codes
1IT Program/Project Management (PMO) & Delivery Assurance
CodeBPAEAAAOPrimaryYes
2Managed Security Services (MSSP) & 24/7 SOC Operations
CodeBPAKAHAAPrimaryNo
3Data Security & Privacy Managed Services (DLP/Encryption)
CodeBPAEADALPrimaryNo
NAICS code2 codes
  • Administration of Economic Programs9261
  • Space Research and Technology92711
SIC code1 code
  • Services-Computer Programming, Data Processing, Etc.7370
Product category
Government Science and Technology Administration
Marketing channels8 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels4 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Technology or R&D, Infrastructure, Operations, Marketing or Sales
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

MSIT is South Korea's central government ministry responsible for formulating and enforcing national science, technology, and ICT policy. Its core deliverables include the AI Basic Act regulatory framework, R&D funding and fellowship programs such as InnoCORE, cybersecurity support initiatives for SMEs delivered via KISA, and coordination of strategic technology infrastructure partnerships with NVIDIA, Google, and OpenAI.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 5 values shown
  • First nation to implement comprehensive AI regulatory framework (AI Basic Act)
+4 more records
Product overview1 text field

MSIT (Ministry of Science and ICT) is South Korea's government ministry responsible for science, technology, and ICT policy. Rather than commercial software products, MSIT oversees national initiatives including AI policy frameworks (AI Basic Act), research programs (InnoCORE postdoctoral program), AI infrastructure partnerships (NVIDIA AI Factory), cybersecurity support programs for SMEs, and international AI collaborations (Google AI Campus, OpenAI Stargate). The ministry's activities focus on policy development, research funding, regulatory frameworks, and strategic partnerships to position South Korea as a global AI leader.

Product and service5 records
1InnoCORE Global Postdoctoral Job Fair
CategoryTalent Recruitment Program
Description

Government-funded postdoctoral research fellowship program recruiting global researchers into South Korean National Strategic Technology domains including AI, semiconductors, and advanced biotech. Open to research institutions and universities hosting fellows; recruits are placed at Korean R&D institutions.

2SME Cybersecurity Support Programs
CategoryGovernment Security Initiative
Description

Seven free cybersecurity support programs delivered via KISA to South Korean SMEs, covering security investment guides, attack surface checks, software supply chain diagnostics, AI vulnerability testing, penetration testing, and security vulnerability checks.

3Governmental Trusted Access for Cyber (GTAC)
CategoryAI Security Program
Description

Government program providing trusted access to security-focused AI models including OpenAI's GPT-5.5-Cyber for cybersecurity applications. South Korea became the third nation to participate after the US and Canada.

4NVIDIA AI Factory (Hyundai Motor Group)
CategoryAI Infrastructure Initiative
Description

AI factory infrastructure powered by 50,000 NVIDIA Blackwell GPUs for developing autonomous vehicles, smart factories, and robotics, representing approximately USD 3 billion in joint investment between Hyundai Motor Group and NVIDIA under MSIT coordination.

5Google AI Campus Seoul
CategoryInternational AI Research Campus
Description

Google's first AI campus outside the United Kingdom, established in Seoul with at least 10 Google researchers deployed from U.S. headquarters for joint AI research, skills development, and responsible AI use in support of the K-Moonshot project.

Scale indicator8 records

Each record includes

Type, Value, Description, Source

Partnership19 partners
Strategic tierCoreTypeTechnology or IntegrationAnnounced on2026-06-26
Description

Partnership to launch seven free cybersecurity support programs for SMEs including security investment guides, attack surface checks, software supply chain diagnostics, AI vulnerability testing, penetration testing, and security vulnerability checks. This initiative follows up on the AI-based cyber threat response private-sector information security promotion plan.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-06-18
Description

MSIT partnered with Anthropic for Global AI Safety and Security as announced through MSIT press release.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-06-17
Description

AISI (AI Safety Institute) and OpenAI signed MoU to strengthen cooperation on AI safety as announced through MSIT press release.

Strategic tierCoreTypeTechnology or IntegrationAnnounced on2026-05-27
Description

OpenAI launched GPT-5.5-Cyber cybersecurity action plan for South Korea, making Korea the third nation to gain access to its security-focused AI model through the Governmental Trusted Access for Cyber program after the US and Canada. OpenAI cited Korea's semiconductor industry, engineering talent, and advanced digital infrastructure as key reasons for targeting the market.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-04-28
Description

Google DeepMind CEO Demis Hassabis signed MoU with South Korean Ministry of Science to advance AI initiatives including the opening of a Google AI campus near Seoul (first AI campus outside UK). Meetings with Samsung leadership (chairman Lee Jae-yong and Mobile Experience head Roh Tae-moon) discussed potential partnerships related to Samsung's upcoming Android XR smartglasses and high-bandwidth memory supply for Google's Tensor processors.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-04-27
Description

Google agreed to deploy at least 10 Google researchers from U.S. headquarters and signed MoU with Korea's Science Ministry covering joint AI research, skills development, and responsible AI use. The deal supports South Korea's K-Moonshot project targeting 12 major challenges from advanced biotech to space and semiconductors using AI by 2035.

7Italian Space Agency
Strategic tierMinorTypeStrategic or Co-development PartnerAnnounced on2026-04-23
Description

Bilateral space cooperation between Italy and Korea. Italian astronaut Col. Walter Villadei delivered keynote speech emphasizing space as a platform for cooperation. Italian Space Agency announced plans for a mission to Korea in late 2024 or early 2025 to further strengthen institutional and industrial cooperation.

koreatimes.co.kr
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-03-26
Description

MSIT listed as key sponsor alongside Microsoft Corporation, Technology Innovation Institute, and the governments of South Korea and Japan for the 7th AI for Good Global Summit. Summit organized with over 50 UN partner organizations and co-hosted with Switzerland, convening government, industry, academic, and civil society leaders to showcase AI applications.

9Korea Atomic Energy Research Institute
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-03-19
Description

Joint announcement along with Chungbuk National University and Belgium's IMEC for first verification of AI semiconductor technology capable of operating stably in space-radiation environments. Demonstrates feasibility of deploying AI systems in extreme space environments and positions South Korea to develop self-reliant core technologies for space and aerospace AI semiconductors.

digitaltoday.co.kr
10Belgium's IMEC
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-03-19
Description

International research partnership for verification of space radiation-resistant AI semiconductor technology. IMEC collaborated with MSIT, Korea Atomic Energy Research Institute, and Chungbuk National University on testing IGZO-based synaptic transistor technology.

digitaltoday.co.kr
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-03-19
Description

Academic partnership for verification of space radiation-resistant AI semiconductor technology in collaboration with Korea Atomic Energy Research Institute and Belgium's IMEC.

Strategic tierFlagshipTypeStrategic or Co-development PartnerAnnounced on2025-10-31
Description

Hyundai Motor Group and NVIDIA collaboration to build AI factory powered by 50,000 NVIDIA Blackwell GPUs for developing autonomous vehicles, smart factories, and robotics. Represents approximately $3 billion investment to advance Korea's physical AI landscape. Initiative includes Hyundai's Physical AI Application Center, NVIDIA AI Technology Center, and physical AI data centers. Formalized through MoU signed with Ministry of Science and ICT.

Strategic tierFlagshipTypeStrategic or Co-development PartnerAnnounced on2025-10-30
Description

NVIDIA collaborating with the South Korean government and major Korean industrial companies to develop extensive AI infrastructure using over a quarter-million NVIDIA GPUs across various sectors including manufacturing and telecommunications.

Strategic tierFlagshipTypeStrategic or Co-development PartnerAnnounced on2025-10-01
Description

Samsung joined OpenAI's Stargate initiative, committing to scale advanced memory chip production to 900,000 DRAM wafer starts per month as part of global AI infrastructure development. Partnership signed at Presidential Office in Seoul with separate MoU with Ministry of Science and ICT.

Strategic tierFlagshipTypeStrategic or Co-development PartnerAnnounced on2025-10-01
Description

SK hynix joined OpenAI's Stargate initiative through strategic partnership announced at Presidential Office in Seoul, committing to scale advanced memory chip production as part of global AI infrastructure.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2025-10-01
Description

SK Telecom entered into partnership agreement with OpenAI to explore building AI data centers in Korea, part of the Stargate initiative.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2025-10-01
Description

Partnership agreement with OpenAI to explore building AI data centers in Korea as part of Stargate initiative.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2025-10-01
Description

Partnership agreement with OpenAI to explore building AI data centers in Korea as part of Stargate initiative.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2025-10-01
Description

Partnership agreement with OpenAI to explore building AI data centers in Korea as part of Stargate initiative.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers10 records
1China Ministry of Industry and Information Technology (MIIT)
TypeBroad incumbent
Description

China's central ICT and industrial policy ministry overseeing telecom, semiconductors, AI, and industrial digitization; operates at far greater scale but with parallel mandate to MSIT.

2Germany Federal Ministry for Economic Affairs and Climate Action (BMWK)
TypeBroad incumbent
Description

Germany's federal ministry driving industrial policy, AI strategy, and semiconductor initiatives—comparable to MSIT in managing national technology roadmaps and European-level tech cooperation.

TypeDirect peer
Description

US counterpart for AI safety standards and evaluation, coordinating with frontier model labs (OpenAI, Anthropic)—directly comparable to MSIT's AI safety MoUs and GTAC participation.

4Singapore Infocomm Media Development Authority (IMDA)
TypeRegional player
Description

Regional peer coordinating Singapore's digital economy, AI strategy, and telecom regulation; smaller scale but similar mandate around AI governance and ecosystem partnerships.

5UK AI Safety Institute
TypeDirect peer
Description

Foundational peer for national AI safety testing and international AI safety MoUs—directly comparable role given MSIT's June 2026 MoUs with AISI/OpenAI and Anthropic.

TypeBroad incumbent
Description

European Commission's policy arm for digital, AI, and telecom regulation—directly comparable in shaping cross-jurisdiction AI and ICT frameworks alongside national ministries.

TypeDirect peer
Description

Japan's lead ministry for industrial and technology policy, semiconductor strategy, and AI governance—an East Asian counterpart with similar industry-coordination and R&D program responsibilities.

TypeDirect peer
Description

Closest national S&T ministry peer, also driving AI regulation, AI Safety Institute coordination, and international tech partnerships—directly comparable mandate to MSIT.

TypeBroad incumbent
Description

US federal agency delivering nationwide cybersecurity programs and SME support—comparable in mandate to MSIT's KISA-anchored SME cybersecurity initiative.

TypeRegional player
Description

Australia's national ministry for industry, science, and resources policy; comparable in coordinating R&D investment, critical technology strategy, and international S&T partnerships.

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment5 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile5 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI capability6 records

Each record includes

Type, Description, Source

AI maturity
App detail

Has app

Feature4 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles6 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries1 record

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment12 records

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

MSIT (Ministry of Science and ICT)

Government Science and Technology Administrationmsit.go.kr

MSIT (Ministry of Science and ICT) is South Korea's cabinet-level ministry that sets national science, ICT, semiconductor, and AI policy — including the world's first comprehensive AI regulation — and orchestrates flagship research, cybersecurity, and infrastructure programs through partnerships with NVIDIA, Google, OpenAI, and Korean industrial champions.

What MSIT (Ministry of Science and ICT) does

MSIT (Ministry of Science and ICT, 과학기술정보통신부) is a cabinet-level ministry of the Republic of Korea, headquartered at Government Complex-Sejong, with approximately 501–1,000 employees. Formed in 2013 from the merger of the Ministry of Science and Technology and the Ministry of Information and Communication and renamed to its current form in 2017, MSIT is responsible for national policy on science, information and communications technology, semiconductor strategy, quantum technology, space AI, and cybersecurity. The ministry formulates and enforces regulatory frameworks — most notably the AI Basic Act, which came into force on January 22, 2026 as the world's first comprehensive national AI regulatory regime covering high-impact AI in healthcare, transportation, nuclear safety, and finance, with labeling, transparency, and local-representative obligations backed by fines of up to KRW 30 million.

MSIT does not sell commercial software or services; it operates through policy, research funding, and partnership orchestration. Its core "products" are programs rather than SaaS: the InnoCORE Global Postdoctoral Program (scaling to ~1,000 researchers with USD 465 million of five-year funding and an annual package of USD 62,000 salary plus USD 41,500 research funding), the SME Cybersecurity Support Programs (seven free services delivered via KISA), the AI-based cyber threat response plan, and the K-Moonshot project targeting 12 national challenges by 2035. Technically, MSIT funds and coordinates AI infrastructure including the NVIDIA/Hyundai AI Factory (50,000 Blackwell GPUs, ~USD 3 billion), an aggregate of more than 250,000 NVIDIA GPUs across Korean manufacturing and telecommunications deployments, and the verification of a space radiation-hardened IGZO-based synaptic AI semiconductor (92.61% pattern-recognition accuracy under 20-year LEO-equivalent proton radiation).

Its business model is government-funded rather than revenue-based: budgets are allocated by the National Assembly and the ministry reports to the executive branch. Stakeholders include SMEs receiving cybersecurity services, researchers and universities participating in InnoCORE, major Korean industrial companies (Samsung, SK hynix, SK Telecom, Hyundai, Samsung C&T, Samsung Heavy Industries, Samsung SDS) participating in flagship AI infrastructure deals, AI developers subject to the AI Basic Act, and international technology partners (OpenAI, Google DeepMind, NVIDIA, Anthropic, Italian Space Agency, ITU). Revenue is not reported in the manner of a private company; the ministry's value is delivered through regulatory certainty, research output, and ecosystem capitalization rather than through commercial sales.

MSIT (Ministry of Science and ICT) firmographics

Firmographics
Name
MSIT (Ministry of Science and ICT)
Legal name
Ministry of Science and ICT
Website
https://msit.go.kr
Company type
Public
Founded year
2017
Operating status
Operating
Headcount range
501–1,000 employees
Short description
MSIT (Ministry of Science and ICT) is South Korea's cabinet-level ministry that sets national science, ICT, semiconductor, and AI policy — including the world's first comprehensive AI regulation — and orchestrates flagship research, cybersecurity, and infrastructure programs through partnerships with NVIDIA, Google, OpenAI, and Korean industrial champions.
Ownership category
akta.pro rank

MSIT (Ministry of Science and ICT) industry classification

Industry
Product category
Government Science and Technology Administration
NAICS
Administration of Economic Programs (9261), Space Research and Technology (92711)
SIC
Services-Computer Programming, Data Processing, Etc. (7370)
akta.pro primary industry
IT Program/Project Management (PMO) & Delivery Assurance (BPAEAAAO)
akta.pro secondary industries
Managed Security Services (MSSP) & 24/7 SOC Operations (BPAKAHAA), Data Security & Privacy Managed Services (DLP/Encryption) (BPAEADAL)

Keywords

  • National science policy
  • AI regulatory framework
  • Cybersecurity support programs
  • Research funding programs
  • Technology infrastructure development

Where MSIT (Ministry of Science and ICT) is headquartered

Location

Headquarters

HQ city
Sejung
HQ country
South Korea
HQ region
Asia

Offices2 records

Markets served

MSIT (Ministry of Science and ICT) business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Technology or R&D, Infrastructure, Operations, Marketing or Sales

Distribution channels4 records

Marketing channels8 records

MSIT (Ministry of Science and ICT) product offering

Product offering

Core offering

MSIT is South Korea's central government ministry responsible for formulating and enforcing national science, technology, and ICT policy. Its core deliverables include the AI Basic Act regulatory framework, R&D funding and fellowship programs such as InnoCORE, cybersecurity support initiatives for SMEs delivered via KISA, and coordination of strategic technology infrastructure partnerships with NVIDIA, Google, and OpenAI.

Product overview

MSIT (Ministry of Science and ICT) is South Korea's government ministry responsible for science, technology, and ICT policy. Rather than commercial software products, MSIT oversees national initiatives including AI policy frameworks (AI Basic Act), research programs (InnoCORE postdoctoral program), AI infrastructure partnerships (NVIDIA AI Factory), cybersecurity support programs for SMEs, and international AI collaborations (Google AI Campus, OpenAI Stargate). The ministry's activities focus on policy development, research funding, regulatory frameworks, and strategic partnerships to position South Korea as a global AI leader.

Differentiator

Problem solved

Functional benefit

Products and services

  • InnoCORE Global Postdoctoral Job Fair Government-funded postdoctoral research fellowship program recruiting global researchers into South Korean National Strategic Technology domains including AI, semiconductors, and advanced biotech. Open to research institutions and universities hosting fellows; recruits are placed at Korean R&D institutions.
  • SME Cybersecurity Support Programs Seven free cybersecurity support programs delivered via KISA to South Korean SMEs, covering security investment guides, attack surface checks, software supply chain diagnostics, AI vulnerability testing, penetration testing, and security vulnerability checks.
  • Governmental Trusted Access for Cyber (GTAC) Government program providing trusted access to security-focused AI models including OpenAI's GPT-5.5-Cyber for cybersecurity applications. South Korea became the third nation to participate after the US and Canada.
  • NVIDIA AI Factory (Hyundai Motor Group) AI factory infrastructure powered by 50,000 NVIDIA Blackwell GPUs for developing autonomous vehicles, smart factories, and robotics, representing approximately USD 3 billion in joint investment between Hyundai Motor Group and NVIDIA under MSIT coordination.
  • Google AI Campus Seoul Google's first AI campus outside the United Kingdom, established in Seoul with at least 10 Google researchers deployed from U.S. headquarters for joint AI research, skills development, and responsible AI use in support of the K-Moonshot project.

Quantifiable outcome

  • First nation to implement comprehensive AI regulatory framework (AI Basic Act)
  • +4 more outcomes

Companies that use MSIT (Ministry of Science and ICT)

Customer profile

Segments5 records

Ideal customer profiles5 records

MSIT (Ministry of Science and ICT) technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

AI capability6 records

Feature4 records

MSIT (Ministry of Science and ICT) partnerships and signals

Strategic signal

Partnerships

19 partnerships are on record, tiered core, minor and flagship.

  • Korea Internet & Security Agency (KISA)coreTechnology or Integration · 26 June 2026Partnership to launch seven free cybersecurity support programs for SMEs including security investment guides, attack surface checks, software supply chain diagnostics, AI vulnerability testing, penetration testing, and security vulnerability checks. This initiative follows up on the AI-based cyber threat response private-sector information security promotion plan.
  • AnthropiccoreStrategic or Co-development Partner · 18 June 2026MSIT partnered with Anthropic for Global AI Safety and Security as announced through MSIT press release.
  • OpenAI (AISI)coreStrategic or Co-development Partner · 17 June 2026AISI (AI Safety Institute) and OpenAI signed MoU to strengthen cooperation on AI safety as announced through MSIT press release.
  • OpenAIcoreTechnology or Integration · 27 May 2026OpenAI launched GPT-5.5-Cyber cybersecurity action plan for South Korea, making Korea the third nation to gain access to its security-focused AI model through the Governmental Trusted Access for Cyber program after the US and Canada. OpenAI cited Korea's semiconductor industry, engineering talent, and advanced digital infrastructure as key reasons for targeting the market.
  • Google DeepMindcoreStrategic or Co-development Partner · 28 April 2026Google DeepMind CEO Demis Hassabis signed MoU with South Korean Ministry of Science to advance AI initiatives including the opening of a Google AI campus near Seoul (first AI campus outside UK). Meetings with Samsung leadership (chairman Lee Jae-yong and Mobile Experience head Roh Tae-moon) discussed potential partnerships related to Samsung's upcoming Android XR smartglasses and high-bandwidth memory supply for Google's Tensor processors.
  • GooglecoreStrategic or Co-development Partner · 27 April 2026Google agreed to deploy at least 10 Google researchers from U.S. headquarters and signed MoU with Korea's Science Ministry covering joint AI research, skills development, and responsible AI use. The deal supports South Korea's K-Moonshot project targeting 12 major challenges from advanced biotech to space and semiconductors using AI by 2035.
  • Italian Space AgencyminorStrategic or Co-development Partner · 23 April 2026Bilateral space cooperation between Italy and Korea. Italian astronaut Col. Walter Villadei delivered keynote speech emphasizing space as a platform for cooperation. Italian Space Agency announced plans for a mission to Korea in late 2024 or early 2025 to further strengthen institutional and industrial cooperation.
  • International Telecommunication Union (ITU)coreStrategic or Co-development Partner · 26 March 2026MSIT listed as key sponsor alongside Microsoft Corporation, Technology Innovation Institute, and the governments of South Korea and Japan for the 7th AI for Good Global Summit. Summit organized with over 50 UN partner organizations and co-hosted with Switzerland, convening government, industry, academic, and civil society leaders to showcase AI applications.
  • Korea Atomic Energy Research InstitutecoreStrategic or Co-development Partner · 19 March 2026Joint announcement along with Chungbuk National University and Belgium's IMEC for first verification of AI semiconductor technology capable of operating stably in space-radiation environments. Demonstrates feasibility of deploying AI systems in extreme space environments and positions South Korea to develop self-reliant core technologies for space and aerospace AI semiconductors.
  • Belgium's IMECcoreStrategic or Co-development Partner · 19 March 2026International research partnership for verification of space radiation-resistant AI semiconductor technology. IMEC collaborated with MSIT, Korea Atomic Energy Research Institute, and Chungbuk National University on testing IGZO-based synaptic transistor technology.
  • Chungbuk National UniversitycoreStrategic or Co-development Partner · 19 March 2026Academic partnership for verification of space radiation-resistant AI semiconductor technology in collaboration with Korea Atomic Energy Research Institute and Belgium's IMEC.
  • NVIDIAflagshipStrategic or Co-development Partner · 31 October 2025Hyundai Motor Group and NVIDIA collaboration to build AI factory powered by 50,000 NVIDIA Blackwell GPUs for developing autonomous vehicles, smart factories, and robotics. Represents approximately $3 billion investment to advance Korea's physical AI landscape. Initiative includes Hyundai's Physical AI Application Center, NVIDIA AI Technology Center, and physical AI data centers. Formalized through MoU signed with Ministry of Science and ICT.
  • NVIDIA (Government Partnership)flagshipStrategic or Co-development Partner · 30 October 2025NVIDIA collaborating with the South Korean government and major Korean industrial companies to develop extensive AI infrastructure using over a quarter-million NVIDIA GPUs across various sectors including manufacturing and telecommunications.
  • Samsung ElectronicsflagshipStrategic or Co-development Partner · 1 October 2025Samsung joined OpenAI's Stargate initiative, committing to scale advanced memory chip production to 900,000 DRAM wafer starts per month as part of global AI infrastructure development. Partnership signed at Presidential Office in Seoul with separate MoU with Ministry of Science and ICT.
  • SK hynixflagshipStrategic or Co-development Partner · 1 October 2025SK hynix joined OpenAI's Stargate initiative through strategic partnership announced at Presidential Office in Seoul, committing to scale advanced memory chip production as part of global AI infrastructure.
  • SK TelecomcoreStrategic or Co-development Partner · 1 October 2025SK Telecom entered into partnership agreement with OpenAI to explore building AI data centers in Korea, part of the Stargate initiative.
  • Samsung C&TcoreStrategic or Co-development Partner · 1 October 2025Partnership agreement with OpenAI to explore building AI data centers in Korea as part of Stargate initiative.
  • Samsung Heavy IndustriescoreStrategic or Co-development Partner · 1 October 2025Partnership agreement with OpenAI to explore building AI data centers in Korea as part of Stargate initiative.
  • Samsung SDScoreStrategic or Co-development Partner · 1 October 2025Partnership agreement with OpenAI to explore building AI data centers in Korea as part of Stargate initiative.

Scale indicators8 records

Recent moves6 records

Expansion highlights6 records

MSIT (Ministry of Science and ICT) competitors and assessment

Company assessment

Broad incumbents

  • China Ministry of Industry and Information Technology (MIIT): China's central ICT and industrial policy ministry overseeing telecom, semiconductors, AI, and industrial digitization; operates at far greater scale but with parallel mandate to MSIT.
  • Germany Federal Ministry for Economic Affairs and Climate Action (BMWK): Germany's federal ministry driving industrial policy, AI strategy, and semiconductor initiatives—comparable to MSIT in managing national technology roadmaps and European-level tech cooperation.
  • EU DG CONNECT (Directorate-General for Communications Networks, Content and Technology): European Commission's policy arm for digital, AI, and telecom regulation—directly comparable in shaping cross-jurisdiction AI and ICT frameworks alongside national ministries.
  • Cybersecurity and Infrastructure Security Agency (CISA, US): US federal agency delivering nationwide cybersecurity programs and SME support—comparable in mandate to MSIT's KISA-anchored SME cybersecurity initiative.

Direct peers

  • US AI Safety Institute (NIST): US counterpart for AI safety standards and evaluation, coordinating with frontier model labs (OpenAI, Anthropic)—directly comparable to MSIT's AI safety MoUs and GTAC participation.
  • UK AI Safety Institute: Foundational peer for national AI safety testing and international AI safety MoUs—directly comparable role given MSIT's June 2026 MoUs with AISI/OpenAI and Anthropic.
  • Japan Ministry of Economy, Trade and Industry (METI): Japan's lead ministry for industrial and technology policy, semiconductor strategy, and AI governance—an East Asian counterpart with similar industry-coordination and R&D program responsibilities.
  • UK Department for Science, Innovation and Technology (DSIT): Closest national S&T ministry peer, also driving AI regulation, AI Safety Institute coordination, and international tech partnerships—directly comparable mandate to MSIT.

Regional players

  • Singapore Infocomm Media Development Authority (IMDA): Regional peer coordinating Singapore's digital economy, AI strategy, and telecom regulation; smaller scale but similar mandate around AI governance and ecosystem partnerships.
  • Australia Department of Industry, Science and Resources (DISR): Australia's national ministry for industry, science, and resources policy; comparable in coordinating R&D investment, critical technology strategy, and international S&T partnerships.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

MSIT (Ministry of Science and ICT) social profiles

Digital presence

MSIT (Ministry of Science and ICT) financial estimates

Financial estimate

Revenue estimate

Valuation estimate

MSIT (Ministry of Science and ICT) leadership team

Management profile

Number of profiles

Profiles6 records

MSIT (Ministry of Science and ICT) subsidiaries and ownership

Company hierarchy

Subsidiaries1 record

MSIT (Ministry of Science and ICT) funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

MSIT (Ministry of Science and ICT) M&A and investment

M&A and investment

M&A

Investments12 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about MSIT (Ministry of Science and ICT)

What does MSIT (Ministry of Science and ICT) do?

MSIT is South Korea's central government ministry responsible for formulating and enforcing national science, technology, and ICT policy. Its core deliverables include the AI Basic Act regulatory framework, R&D funding and fellowship programs such as InnoCORE, cybersecurity support initiatives for SMEs delivered via KISA, and coordination of strategic technology infrastructure partnerships with NVIDIA, Google, and OpenAI.

Is MSIT (Ministry of Science and ICT) a public or private company?

MSIT (Ministry of Science and ICT) is a public company. It is classified as state government owned and is currently operating.

When was MSIT (Ministry of Science and ICT) founded?

MSIT (Ministry of Science and ICT) was founded in 2017. It employs 501 to 1,000 people.

Where is MSIT (Ministry of Science and ICT) based?

MSIT (Ministry of Science and ICT) is headquartered in Sejung, South Korea, in the Asia region.

Who are MSIT (Ministry of Science and ICT)'s main competitors?

Broad incumbents on record are China Ministry of Industry and Information Technology (MIIT), Germany Federal Ministry for Economic Affairs and Climate Action (BMWK), EU DG CONNECT (Directorate-General for Communications Networks, Content and Technology) and Cybersecurity and Infrastructure Security Agency (CISA, US). Direct peers are US AI Safety Institute (NIST), UK AI Safety Institute, Japan Ministry of Economy, Trade and Industry (METI) and UK Department for Science, Innovation and Technology (DSIT). Regional players are Singapore Infocomm Media Development Authority (IMDA) and Australia Department of Industry, Science and Resources (DISR).

Does MSIT (Ministry of Science and ICT) have an API?

No public API is recorded for MSIT (Ministry of Science and ICT).

What industry is MSIT (Ministry of Science and ICT) in?

MSIT (Ministry of Science and ICT)'s product category is Government Science and Technology Administration. Its primary akta.pro industry code is BPAEAAAO, IT Program/Project Management (PMO) & Delivery Assurance, with a secondary code of BPAKAHAA, Managed Security Services (MSSP) & 24/7 SOC Operations. Its NAICS code is 9261 and its SIC code is 7370.

Unlock the full company data

50 free credits on sign-up, no credit card required.

Contact sales
Live signals
BusinesskoreaSouth Korea Pushes Small Modular Reactor CommercializationSouth Korea's Ministry of Science and ICT announced the special act promoting SMR development takes effect Sept. 11, requiring five-year basic plans. The government targets commercializing light water SMRs before 2035, with joint public-private projects and special zones. The ministry will begin detailed design next year.Nate'Accelerating the development of small reactors for commercialization by 2035'... Detailed design to begin next year: Nate NewsSouth Korea's Ministry of Science and ICT will implement the Special Act on SMR development on the 11th, aiming to commercialize small modular reactors by 2035. Detailed design begins next year via public-private partnership, with light water SMRs targeted for 2035 and non-light water in the 2030s. A five-year basic plan and annual implementation plans will be established.TelecompaperSouth Korea proposes KRW 4.7 tn fund for homegrown frontier AISouth Korea's MSIT proposed a KRW 4.7 tn (USD 3.49 bn) fund to develop a homegrown AI model on par with global frontier models. The funding is part of a KRW 9.4 tn AI budget for 2027, an 84.3% increase from the prior year, within a total MSIT budget of KRW 29.65 tn.PlatumThe Ministry of SMEs and Startups and the Ministry of Science and ICT are implanting physical AI in small manufacturing sites.The Ministry of SMEs and Startups and the Ministry of Science and ICT visited KAIST's Physical AI Demonstration Lab to discuss joint support for physical AI in small manufacturing firms. They proposed a three-year plan combining AI Factory for All and Smart Manufacturing Innovation, with AMR/AGV consulting this year and full logistics coverage by 2027. The plan includes a future 'Manufacturing AI 24' platform and joint R&D in consumer goods.Nate'Did it again, admirable' Korean science prodigies···'All gold medals' achievement at the Biology Olympiad: Nate NewsFour Korean high school students won gold medals at the 37th International Biology Olympiad in Lithuania, while the Korean delegation also took medals at the Chemistry Olympiad. The Biology Olympiad saw 302 students from 78 countries, the highest participation since 1998. The Ministry of Science and ICT said the delegation will compete in math, information, and earth science Olympiads next month.The Next WebSouth Korea will give all 52 million citizens free AI access, becoming the first G20 nation to do soSouth Korea opened bidding on July 13 for a free, unlimited AI chatbot and public-service agent for all 52 million citizens, with at least 50% of the system using domestic models. The beta launches in September and full launch by year-end, making it the first G20 nation to offer AI to its entire population as a public service.Business Wire BlogInnoCORE 2026 Global Postdoctoral Job Fair Heads to EuropeThe Korean Ministry of Science and ICT (MSIT) will host the 2026 InnoCORE Global Postdoctoral Job Fair across London, Munich, and Zurich in June, following successful events in U.S. cities in May. The program, launched in 2025 with 400 postdoctoral researchers, is being significantly expanded in 2026 to recruit approximately 1,000 researchers in National Strategic Technology domains including AI, semiconductors, and advanced biotech. The fellowship offers an annual base salary of USD 62,000 plus USD 41,500 in research funding, backed by a five-year government investment of approximately USD 465 million.KoreatimesKorea to host IAEA fusion energy conference in 2027Korea's Ministry of Science and ICT signed a Host Government Agreement with the IAEA to host the Fusion Energy Conference (FEC) 2027 in Seoul from October 4-9. The 31st edition of the biennial conference is expected to gather around 1,500 participants and government delegations from approximately 40 countries to discuss nuclear fusion energy trends, commercialization, and international collaboration. Korea previously hosted the FEC in 2010 in Daejeon, and the government stated the event will help position Korea as a key partner in the global nuclear energy supply chain.PR NewswireKorean Businesses Grow with Digital New Deal 2.0The Korean Ministry of Science and ICT announced three companies as 'Digital New Deal Excellent Performers' for their contributions to the government's Digital New Deal 2.0 initiative. The selected firms, SKonec Entertainment, Virnect, and Nongshim Data System, are recognized for developing technologies in metaverse, augmented reality, and blockchain that enhance industrial efficiency and healthcare services.TechCrunchSouth Korea’s government launches its first accelerator program for international startupsSouth Korea's Ministry of Science, ICT and Future Planning launched the K-Startup Grand Challenge accelerator for international startups, accepting applications through June 14. Forty startups will be selected for a three-month program, with twenty receiving $33,000 and top four getting up to $100,000. The program aims to create a more diverse business environment and will become annual.