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December 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 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
Analysis

Aging workforce threatens to dull South Korean conglomerates’ competitive edge

Chaebol increasingly lean on older workers instead of recruiting new talent, increasing costs and stifling innovation

John LeeJohn LeeAugust 20, 2024
Analysis

Lee Jae-myung’s re-election intensifies risks for businesses in South Korea

Opposition leader set to double down on stricter regulations, labor rights and opposing tax cuts as he challenges Yoon

John LeeJohn LeeAugust 19, 2024
Analysis

Electric vehicle fires expose risks for ROK of relying on Chinese batteries

Seoul is urging transparency as automakers navigate supply chain disruptions, political tensions and reputational damage

John LeeJohn LeeAugust 14, 2024
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