The Agency for Defense Development said the 500-pound bombs can strike objects that are hidden behind other structures, Yonhap news agency reported.
The devices were developed in the past five years with a budget of $378 million, the agency said, to improve the capabilities of fighter jets.
The bombs can also be carried by older model jets such as the F-4 and F-5, the agency said.
Each missile costs about $95,000.
Notable deaths of 2014 [PHOTOS]
Syrian Al Qaida group executes Lebanese soldier