Our Scans · South Korea · Weekly Summary

• [New] Korea's industrial strategy will have to adapt to changes in US policy and growing Chinese competition in the semi-conductor and electric vehicle sectors. economic-research.bnpparibas.com
• [New] The Asia Pacific region is expected to witness the highest growth due to the rapid adoption of industrial automation in countries like China, Japan, and South Korea, which are at the forefront of robotics development. ReAnIn
• [New] Asia-Pacific is anticipated to witness the rapid growth rate, on account of expansion of defence capabilities in crucial economies such as India, China, Japan, and South Korea. Precedence Research
• [New] A no-fault vaccine compensation scheme will be explored, similar to broader vaccine injury compensation systems in place in the United Kingdom, New Zealand, United States, Japan and South Korea. Australian Broadcasting Corporation
• [New] The broaching of the idea of a US troop drawdown could be a diplomatic signal to South Korea to step up and play an augmented role to contain China. The Straits Times
• [New] Asia-Pacific Asia-Pacific leads in terms of growth potential, driven by strong industrial development in China, Japan, and South Korea. Blogger
• [New] India aims to produce 13% of its EV battery cell demand domestically by 2030, reducing reliance on imports from countries like China, South Korea and Japan. RealtynMore
• [New] A new International Digital Strategy, to be released Thursday, will emphasize global collaboration, especially with the U.S., but also with China, Japan, India, and South Korea-rather than full decoupling. The Cipher Brief
• [New] Were America to remove values from its relationships with Japan, South Korea, and its other Pacific allies, it could force them to seek greater accommodation with China, their biggest trading partner. UnHerd
• [New] The global trade disruptions and the push for supply chain resilience are acting as catalysts for countries like India, and potentially South Korea and the UAE, to accelerate their domestic manufacturing and technological capabilities in strategic sectors. New Space Economy
• [New] Higher energy prices and trade disruptions could exacerbate economic slowdowns, particularly in energy-importing economies like Japan and South Korea, which rely on stable U.S. and EU energy supplies. Oilfield Workers
• [New] Asia-Pacific is expected to exhibit the fastest growth, thanks to rapid industrialization, expanding automotive production, and the rise of local manufacturing hubs in China, India, South Korea, and Southeast Asia. Grand Research Store
• [New] Asia-Pacific is expected to register the fastest growth by 2030, propelled by investments from regional giants such as Mitsubishi Chemical Group and the expansion of collaborative R&D programs in China and South Korea, targeting both health and industrial applications. MNI
• Samsung Electro-Mechanics will begin glass substrate sample production in Sejong, South Korea, by mid-2025, aiming to supply two to three major US tech firms. DIGITIMES Inc.
• The EC will introduce a new International Digital Strategy, which will focus on collaboration with the United States and other tech - forward countries, such as Japan, South Korea, and India. Techreport
• Asia Pacific is growing the fastest, with a projected 42.5% CAGR, propelled by rapid AI investments and scaling across South Korea, China, Japan, and India. All About AI
• U.S. tariffs on South Korea and Japan could sway upcoming leadership contests in both countries, modestly increase their trade with China and erode U.S.-South Korea defence cooperation, but they are unlikely to undermine U.S.-Japan security ties. Stratfor
• If America stood aside during a Chinese invasion, allies like Japan and South Korea might doubt U.S. security guarantees to them, potentially unravelling U.S. alliances in Asia. The World's Only Public Nuclear Threat Advisory System
• As major steelmaking nations like China, Japan, and South Korea increasingly adopt DRI technology and pursue decarbonization goals, demand patterns for Australian coal exports could fundamentally shift over the coming decades. Discovery Alert
• U.S. restrictions on China could create a window of opportunity - perhaps four years to pull ahead of China - for South Korea to advance its own capabilities in areas like semiconductors and AI, where it currently lags or risks being overtaken. New Space Economy
• While many Asian nations have increased their defence expenditure in the last decade, Japan estimates that its own outlay would hit only 2% of its GDP in 2027, while South Korea spent about 2.8% of its GDP in 2024. The Straits Times
• High tariffs on Taiwan could prompt U.S. clients to shift orders to South Korea or Japan, or push China to speed up domestic chip production. [News] Chip Tariff Window Closes Wednesday Amid Quiet P
• As China, South Korea, and the EU tighten regulations on battery end-of-life management, and as OEMs move toward closed-loop supply chains, NMP's utility in high-efficiency material recovery could prove indispensable. openpr

Last updated: 18 June 2025