Inconsistent policies, poor communication erode trust and threaten Korea’s position in global chip market
The Yoon administration’s decision to cut the country’s research and development (R&D) budget for 2024 by 15% from the previous year sparked intense backlash from the research community, raising concerns about South Korea’s ability to maintain its competitive edge in the global technology market.
The initiative was met with intense criticism, as exemplified by a recent incident at the Korea Advanced Institute of Science and Technology (KAIST). During a graduation ceremony, a student protested against the budget cut while President Yoon Suk-yeol delivered his speech.
The Yoon administration’s decision to cut the country’s research and development (R&D) budget for 2024 by 15% from the previous year sparked intense backlash from the research community, raising concerns about South Korea’s ability to maintain its competitive edge in the global technology market.
The initiative was met with intense criticism, as exemplified by a recent incident at the Korea Advanced Institute of Science and Technology (KAIST). During a graduation ceremony, a student protested against the budget cut while President Yoon Suk-yeol delivered his speech.
Get your
KoreaPro
subscription today!
Unlock your access to all our features.
There are three plans available: Lite, Standard, and Premium.
Unlock your access
to all our features.
Standard plan includes:
-
Receive full archive access
-
Monthly research report via email and on KOREA PRO website
-
Submit requests for coverage
-
One year of access to NK News
-
One year of access to NK News Podcast
There are three plans available:
Lite, Standard and
Premium.
Explore which would be
the best one for you.
Subscribe now
© Korea Risk Group. All rights reserved.
No part of this content may be reproduced, distributed, or used for
commercial purposes without prior written permission from Korea Risk
Group.
SHARE
COPY LINK
X
MASTODON
