South Korea invests $809M in tech industries, boosting R&D to enhance global competitiveness.

South Korea plans to invest $809 million in advanced technologies for key industries like semiconductors, batteries, and biopharmaceuticals, marking a 3.2% increase from last year. The investment includes substantial funding for R&D, aiming to boost global competitiveness and stabilize supply chains. Additionally, South Korea's free trade zones saw record exports of $14.9 billion in 2020, driven by demand for automobiles, ships, and semiconductors.

2 months ago
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