South Korea Pledges Support for SMEs Amid AI Transformation

South Korea is prioritizing support for its small and medium-sized enterprises (SMEs) and micro-enterprises to ensure they benefit from the ongoing artificial intelligence (AI) transformation. Lee Byeong-kwon, Second Vice Minister of SMEs and Startups, stated that policy efforts will concentrate on preventing these businesses from being excluded from the AI revolution and enabling them to become key drivers of future growth.

Speaking at the '2026 SME AX Leaders Forum' held at the Westin Chosun Hotel in Seoul, Lee emphasized that AI is no longer exclusive to a few high-tech companies. He highlighted its increasing relevance and application within manufacturing sectors to boost productivity.

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Small and medium-sized enterprises and micro-enterprises will not be left behind in the AI great transformation (AX) and will become leaders in growth.

The forum, organized by Chosun Biz, brought together leaders and experts to discuss the integration of AI into business operations. The minister's remarks underscored the government's commitment to fostering an environment where SMEs and micro-enterprises can adapt to and leverage AI technologies effectively.

This initiative aims to bridge the digital divide and ensure that the benefits of AI are widely distributed across the economy. By focusing on these crucial sectors, South Korea seeks to maintain its competitive edge and promote inclusive growth in the era of AI.

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AI is no longer the exclusive property of some advanced companies; it is now enhancing productivity in the manufacturing sector.