South Korea’s high-tech economy threatened by Chinese catch-up


  • TECH
  • Wednesday, 05 Apr 2017

Customers try out Samsung Electronics Co. Galaxy S8 smartphones at the company's D'light flagship store in Seoul, South Korea, on Monday, April 3, 2017. The Galaxy S8 represents Samsung's biggest prospect for a turnaround after the Note 7 debacle last year. Photographer: SeongJoon Cho/Bloomberg

South Korea is famous as a high-tech powerhouse, from Samsung’s smartphones, the world’s fastest Internet connection speed and world-beating innovation. 

And while presidential hopefuls are laying out plans to develop new technology to drive the economy over the next five years, here is a reality check: the advantage of South Korean companies over their Chinese competitors is closing fast. 

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Tech News

How to update Chrome without accidentally installing a virus on your smartphone
Twilio forecasts quarterly revenue below estimates on weak enterprise spending
Palantir shares post biggest daily slide since 2022 after forecast disappoints
Match Group expects quarterly revenue below estimates as spending on dating apps falls
Reddit's strong forecasts spark share surge after first results since IPO
Electronic Arts forecasts annual bookings below estimates as gamers cut spending
Lyft forecasts strong quarterly earnings as ride-hailing demand picks up
Meta to expand AI image generation offerings for ads
Microsoft's Xbox shuts multiple studios, consolidates teams in cost-cutting move
Robinhood set to report highest quarterly revenue since meme stock frenzy

Others Also Read