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November 21, 2024

ABOUT THE AUTHOR

John Lee

John Lee

John Lee is the editor of KOREA PRO, based in Seoul. Prior to that, he was a contributor for NK News and KOREA PRO. His focus is on South Korean foreign policy and ROK-U.S. relations.

Analysis

South Korea looks to overhaul e-commerce with strict payment regulations

Amendments to financial laws target gaps exposed by TMON-Wemakeprice crisis but may limit market competition

John LeeJohn LeeSeptember 23, 2024
Analysis

South Korea’s game developers bet big on consoles as global market heats up

As mobile games fall out of favor and Chinese competitors emerge, South Korean developers strive to remain relevant

John LeeJohn LeeSeptember 18, 2024
Analysis

South Korea’s innovation drive faces long-term risks despite R&D spending surge

The 2025 budget accelerates short-term innovation, but chaebol dominance and talent gaps persist

John LeeJohn LeeSeptember 16, 2024
Analysis

South Korea bets $205M on semiconductor packaging to maintain competitiveness

Government funding boosts R&D, but weak horizontal integration and supply chain vulnerabilities could jeopardize push

John LeeJohn LeeSeptember 11, 2024
Analysis

South Korea’s patent sharing program gives SMEs a boost but big firms loom large

Program offers 490 energy patents, but technological challenges and competition pose risks

John LeeJohn LeeSeptember 9, 2024
Analysis

South Korea bets on tech and manufacturing to drive growth in 2024-2028 plan

The government pledges support measures for companies, but increasing national debt might limit financial capacity

John LeeJohn LeeSeptember 4, 2024
Analysis

South Korea targets Australian minerals to reduce supply chain risks

Enhanced cooperation aims to reduce reliance on China, but environmental regulations and stiff competition pose hurdles

John LeeJohn LeeSeptember 3, 2024
Analysis

Hanwha Ocean wins first US Navy maintenance contract, paving way for expansion

Breakthrough in US defense market offers tech gains and revenue potential, but regulatory challenges loom

John LeeJohn LeeAugust 30, 2024
Analysis

South Korea’s 2025 budget creates winners and losers among key industries

High-tech, healthcare and defense sectors gain, while public housing, infrastructure and regional growth face cuts

John LeeJohn LeeAugust 29, 2024
Analysis

Yoon Suk-yeol’s upcoming pension reform speech promises major changes

Key reforms will likely include tiered contributions and a stabilization mechanism to ensure fund longevity

John LeeJohn LeeAugust 26, 2024
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