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No. 33
Samsung reportedly in talks to raise chip prices
Following its rival TSMC, Samsung Electronics, a world-leading semiconductor manufacturer based in Gyeonggi Province, is in talks with customers to hike its product prices by up to 20% according to sou[...]
No. 32
Gyeonggi Province to set up an innovative platform for future auto industry
Gyeonggi Provincial Government has been selected for the region-specific manufacturing database facilitation project organized by the Ministry of SMEs and Startups. It won KRW 1.2 billion-worth nationa[...]
No. 31
Gyeonggi Province to assist local SMEs’ investment attraction efforts
Following up from the call for application to the global business matchmaking program it operates, Gyeonggi Provincial Government selected promising local SMEs and foreign-invested businesses and pledg[...]
No. 30
Lam Research opens an R&D Center in Gyeonggi Province
Lam Research, a US-based supplier of wafer fabrication equipment, opened a research center in Yongin, Gyeonggi Province. The opening ceremony was held on April 26 and attended by representatives from [...]
No. 29
Global greenfield FDI decreases while growth is observed in Korea
The Korean Chamber of Commerce and Industry released an analysis of global FDI trends. It revealed that greenfield FDI has declined globally since 2016, while it has been on an upward trend to reach th[...]
No. 28
Korea ranks 2nd among OECD nations in R&D spending per GDP
According to a recent report by the Federation of Korean Industries (FKI), South Korea placed second in research and development (R&D) spending as a portion of its gross domestic product (GDP) amon[...]
No. 27
Gyeonggi Province to assist foreign investors for safety
Gyeonggi Provincial Government launched a call for application for an on-site safety management consultancy program among tenant companies of the province's foreign-investor-exclusive industrial comple[...]
No. 26
Samsung overtakes Intel as chip market grows
Gartner for High Tech Leaders announced that worldwide semiconductor revenue totaled $595 billion in 2021, an increase of 26.3% from 2020, despite shortage issues. Samsung Electronics of South Korea [...]
No. 25
Trade barriers and investment regulations intensified last year
According to the Korean Chamber of Commerce and Industry, about four thousand technical barriers to trade (TBT) were filed to the World Trade Organization in 2021, up 18% from the previous year and rea[...]
No. 24
Continental to open a future car R&D center in Gyeonggi Province
The South Korean incorporation of German automotive supplier Continental AG signed an agreement with Gyeonggi Provincial Government to set up a R&D center for future mobility technologies in Seongn[...]
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