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High-tech at the heart of South Korea’s five-year industrial restructuring plan

People walking outside Samsung's headquarters in South Korea
Brands such as Samsung are considered symbols of national pride in South Korea. Photo: Chung Sung-Jun/Getty Images

Hameed Shuja

3 min read
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Seoul plans to invest hundreds of billions into an economic restructuring that moves away from manufacturing and focuses on innovation.

South Korea is by no means a newcomer in the global tech space. Brands such as Samsung, with a market capitalization of nearly $4 billion, are established household names globally, and are considered a sign of national pride for Seoul. Others, such as LG, Hyundai, and Kia, are good examples

But

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