Tag: reshore

reshore

Latest News

Uncertainty boosts companies' enthusiasm for 'reshoring'

Since the outbreak of Covid-19, Korean companies have become increasingly apprehensive about running businesses abroad and are considering bringing overseas operations home, data showed Monday. The Federation of Korean Industries (KFI) ...

2022.3.14

The construction of Hyundai Mobis' parts production plant in Ulsan. Hyundai Mobis last year became the first conglomerate to reshore since the government related laws in supporting such companies went into effect in late 2013. [HYUNDAI MOBIS]

Bar for reshoring subsidies lowered by the government

A total of 21 companies have decided to close plants overseas and reopen them in Korea, a process known as reshoring. That exceeds the 16 companies that reshored full-year 2019.

2020.11.9

Tag: reshore

reshore

Latest News

Uncertainty boosts companies' enthusiasm for 'reshoring'

Bar for reshoring subsidies lowered by the government

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