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S. Korea: R&D Spending on Electronics Sector Runs Too High - Report
Source: http://english.yonhapnews.co.kr
Source Date: Tuesday, November 26, 2013
Focus: Knowledge Management in Government
Country: Korea (Republic of)
Created: Dec 03, 2013

About half of all R&D spending by South Korean firms goes into the electronics sector, while only 5 percent goes towards high-tech industries such as aerospace, a report showed Tuesday.

According to the report compiled by the Korea Institute of Science and Technology Evaluation and Planning (KISTEP), the portion of R&D investment by local firms on the electronics segment has been staying high, reaching just below the half-way mark for R&D spending over the past few years with 46.6 percent in 2011, 47.8 percent in 2010 and 45.1 percent in 2009.

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