SEOUL -- South Korea's auto parts suppliers are struggling to survive, facing challenges from drastic technological change and tough competition with Chinese rivals, according to market data and analysts.
Business trends
South Korean auto suppliers struggle to survive
Government throws $3bn lifeline to sector hit by drastic technological change
South Korean automakers' slow push into electric vehicles has put a heavy burden on the country's parts suppliers, who will need to heavily invest in next-generation technologies or be left behind in the race toward the autonomous future.
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