ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
Supply Chain

South Korea fights supply-chain risks with economic security team

Seoul seeks to diversify suppliers of chip and battery materials

SK Hynix's chip fabrication facility. South Korea's semiconductor sector, like other key export industries, relies on imported materials. (Photo courtesy of SK Hynix)

SEOUL -- South Korea is ramping up efforts to identify and mitigate supply-chain risks as shortages and restrictions at key exporters loom large over the country's most important industries.

The country's transformation into a major economic power has largely been propelled by exported chips, cars, appliances, ships and more. But as the U.S. and China decouple economically and with supply chains being disrupted around the world, South Korea is under intensifying pressure to better secure its supply of critical industrial materials.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more