Skip to Primary Navigation

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

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

Get full access, free for a month

Start your 28-day free trial to continue reading and access
all content on GRIP – no payment details required.

What’s included:

  • Every new article, plus our 5,000+ archive
  • Daily regulatory insight and guidance
  • Exclusive interviews and in-depth analysis
  • Coverage of industry-leading events and conferences
  • All podcasts and videos, featuring industry experts
  • The full set of Rules Navigator tools
  • An ad-free experience