This paper presents the status of advanced technologies and domestic researches for development of Korean next generation maglev. Generally, two specific configurations such as the EMS (Electromagnetic Suspension) with LSM (Linear Synchronous Motor) and EDS (Electrodynamic Suspension) with LSM can be employed as a propulsion and levitation device of high-speed maglev. Worldwide high-speed maglev developments refer to projects such as the German Transrapid with EMS, the Japanese MLX with EDS, and the U.S. Inductrack with PM (Permanent Magnet) EDS maglev system. In this paper, the propulsion and levitation systems of these world wide high-speed maglev have been reviewed and analysed.