South Korea's manufacturing sector sustains an impact from the US-China tech war with the COVID-19 pandemic also disrupting its supply chain operations. In response, South Korean manufacturers have built production bases abroad in recent years.
In particular, those making electronics components, computers, imaging devices and base station equipment are stepping up their investments in Vietnam and India.
Based on DIGITIMES Research's observations, the investments by South Korean manufacturers of electronics components, computers, imaging devices and base station equipment in Vietnam and India are ongoing. Especially, their investments in India have continued to show steady growth since 2019, unaffected by COVID-19, but still cannot compare to those in China and Vietnam.
South Korea's investment in Vietnam exhibited a moderate decline from 2020 through 2021 due to COVID-19 but surged to US$928 million in 2022, soaring 116% from US$430 million in 2021. South Korea's investment in Vietnam was still smaller than its investment in China but it's growing rapidly. The 2022 amount already exceeded the 2019 amount.
Click here to access the full version of this report.
Download the report
Open
South Korea released the K-Network 2030 strategy in February 2023, aimed at building state-of-the-art communication networks and making South Korea an ICT and Internet superpower, and DIGITIMES has studied the strategy to find out what the country is eyeing to do for the next several years.
Download the report
Open
Taiwan-, China-, US- and India-based EMS providers have varying manufacturing capabilities in India and are making different handset products.
Download the report
Open
With the increasing usage of advanced driver-assistance systems (ADAS) and over-reliance on technologies, drivers are more likely to be distracted while behind the wheel, making the adoption of in-cabin monitoring systems (ICMS) rather critical.
Download the report
Open