South Korea’s high-tech: The technology gap with China is small
– South Korea cuts ties with China, cooperates with Japan and the US –
– Clarivate Innovative Company Ranking –
We will deliver a summary from the latest article of hisayoshi-katsumata-worldview.
“Joongang Ilbo” (July 19)
It published a column titled, “South Korea-Japan relations are recovering, and economic cooperation between South Korea and Japan is important.
” The author is Kim Byung-young, director of the National Future Strategy Institute of Seoul National University.
Strengthening economic ties between South Korea and Japan will greatly benefit the national interests of both countries.
Reasons why South Korea-Japan relations deteriorated:
The main reason for the conflict between South Korea and Japan is said
to be the weakening of supply chain connectivity between South Korea and Japan.
China’s WTO accession:
China joined the WTO in 2001.
Since then, China has rapidly increased its exports, armed with low production costs.
South Korea’s dependence on China:
In the process, South Korea deepened its dependence on China.
January to April 2022 surplus against China:
However, after that, it will be in the black only in September 2022.
Everything else is in deficit.
January to March 2023 deficit against China:
Only the first quarter from January to March 2023.
It has already piled up to “-$7.88 billion.
“ It’s a deficit of about $7.9 billion in just three months.
Korea’s trade deficit with Japan:
South Korea has earned a large trade surplus with China.
On the other hand, it has eliminated the deficit in trade with Japan.
This is why South Korea has become politically inclined to China, where it is more profitable.
History of Korean manufacturing industry:
Korean companies always started by imitating Japanese technology.
Samsung modus operandi:
When Japan launched home appliances,
they quickly disassembled them and left only the necessary functions.
Samsung has released new products at low prices.
Technological gap between South Korea and China:
Over the past decade,
the technological gap between South Korea and China has narrowed.
South Korea cut ties with China and began to change course.
As you can see, the technology of Japanese companies is Korea’s compass.
Japan’s cutting-edge technology:
He concluded that “strengthening relations with Japan,
which possesses cutting-edge technology,will benefit South Korea.”
“The recent approach of the Yoon administration to Japan” means this.
Information on Japanese SMEs:
However,
South Korea has not been able to make good use of
the “technical capabilities of Japanese small and medium-sized enterprises.”
Korean government and Korean business community:
In Japan,
there are a number of SMEs with advanced technological development capabilities.
In South Korea,
there is no “system for collecting and systematically providing technologies of Japanese SMEs.
“cooperation from Japanese economic organizations and JICA” is essential.
This information has not been sufficiently communicated to Korean companies.
Clarivate:
Announced the world’s 100 most innovative companies.
Top 100 Innovative Companies Ranking:
Japan is the top with 37 companies.
The United States is second with 19 companies.
There are 5 companies in South Korea and only 4 companies in China.
Whereabouts of the South Korean economy:
If South Korea does not approach Japan, there will be no Korean economy tomorrow.
It is essential for South Korea to calmly evaluate Japan’s capabilities.
https://hisayoshi-katsumata-worldview.com/archives/32835411.html
Clarivate: 58 selections, the most from Asia
-Top 100 Innovative Companies and Institutions-
We will deliver a summary from the article published in Science Portal China.
International Academic and Patent Information Search:Clarivate
The Top 100 Most Innovative Companies and Institutions are published every year.
A total of 58 companies and institutions were selected from Asia.
Asian countries/regions
Japan, which increased by three companies from last year to 38 companies,
was the country with the most selections for the second consecutive year.
It further widened the gap with 19 US companies (up 1 year-on-year) in second place.
From the Asian region,
following Japan, 11 companies in Taiwan (2 more than last year),
5 Korean companies (same number as last year),
Four Chinese companies (one less than last year) were selected.
Selected companies/institutions in Taiwan (11 companies/institutions)
Tomo Koden (AU Optronics)
Taida Electronics Industry (Delta Electronics)
Hon Hai Technology Group (Foxconn Technology)
Industrial Technology Research Institute (ITRI)
Lianfa Technology (MediaTek)
South Asia Guangda Computer (Quanta Computer)
Ruihu Semiconductor (Realtek Semiconductor)
Taiwan Semiconductor Manufacturing (TSMC)
Huabang Electronics (Winbond Electronics)
Wistron Co., Ltd.
Selected Korean companies (5 companies)
hyundai car
Kia
LG Group
samsung
SK Group
Selected companies in mainland China (4 companies)
AAC Technologies
Ant Group (Ant Group)
Jingdong Technology Group (BOE Technology)
Huawei