- Volume 24 Issue 5
To date Korean electronic industry has held a position of the first rank both in productions and exports among the nation's industries. However, it is gradually losing its competitive foundation in the world market owing both to the weakening in price competition by least developed among developing countries(LDDC) and to the lack in technological competition with industrially advanced countries. Specifically it is worried about an industrial subordination to industrially advanced countries owing to an evasion of components supply, control of amount of materials, and the evasion of kernel technology transfer etc. As the condition has developed, both the government and the electronic industry in July of this year came to jointly establish a research and development center for electronic components for the purpose of rehabilitating the electronic industry and accordingly strengthen the export industry which has been and continuance to be vital to our nation.