Tag: reshoring

reshoring

Latest News

A construction site for the world's largest semiconductor cluster to house Korean chipmakers, including Samsung Electronics and SK hynix, in Yongin, Gyeonggi. [Yonhap]

Government will subsidize $75 million to lure industries back to Korea

Korea is offering financial incentives to encourage companies to bring production facilities back from overseas. The measures include corporate investment subsidies, extended tax discounts and tax credits for R&D.

2024.1.23

Deregulation and reshoring hold the key

Domestic demand must be expanded throughderegulation and reshoring.

2023.12.17

Why the U.S. reshoring is a long shot

The U.S. must go beyond the legislation and budget spending to shift its economic paradigm and ecosystem.

2023.11.8

Friend-shoring, not reshoring, is the answer

The U.S. must see South Korea as a partner, not a competitor, and aggressively collaborate with the country in chip production.

2023.5.1

An employee stands in front of a machine at Star Group's production facility in Shangqiu, Henan Province, China. [STAR GROUP]

Korean companies 'reshore' to avoid disruption, lower costs

A total of 26 companies relocated their production facilities from overseas to Korea last year, according to the Ministry of Trade, Industry and Energy.

2022.4.28

Take care of the pets at home (KOR)

Covid-19 reminded us of the importance of the manufacturing sector. It’s been proven that we can produce masks, testing kits and vaccines on time...

2020.6.4

Take care of the pets at home

Covid-19 reminded us of the importance of the manufacturing sector. It’s been proven that we can produce masks, testing kits and vaccines on time when we have minimum manufacturing facilities...

2020.6.4

Tag: reshoring

reshoring

Latest News

Government will subsidize $75 million to lure industries back to Korea

Deregulation and reshoring hold the key

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Why the U.S. reshoring is a long shot

Friend-shoring, not reshoring, is the answer

Korean companies 'reshore' to avoid disruption, lower costs

Take care of the pets at home (KOR)

Take care of the pets at home