Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : China Warehouse- More Than Crockery -- Ignore unavailable to you. Want to Upgrade?

To: RealMuLan who wrote (4437)	2/21/2005 12:50:58 AM
From: RealMuLan	Read Replies (1) \| Respond to of 6370

S. Korea to Maintain Technological Edge Over China Until 2010 SEOUL, Feb. 21 (Yonhap) -- South Korea is expected to maintain an overall technological advantage over China until 2010, the Korea Industrial Technology Foundation said Monday. The foundation's research, conducted from June 2003 onward with the cooperation of the Ministry of Commerce, Industry and Energy, touched on the industry sectors of digital appliances, steel, metallic molding, construction equipment, car parts and men's clothing. The findings revealed that South Korea's edge in digital electronic appliances was one or two years ahead of the Chinese. In steel it outpaced the mainland rival by one to four years and in the area of metallic molding was ahead three to five years. South Korea's construction equipment manufacturing was ahead by five years, with auto parts and men' clothing leading by two to three years and three to four years, respectively. It said, however, that despite the technical edge, China already enjoyed price competitiveness vis-a-vis South Korean companies, while aggressive tie-ups with foreign companies was quickly eroding South Korea's lead in other areas. "By 2010, the level of China's technical expertise will be on a par with South Korea," a government official said. yonngong@yna.co.kr (END) english.yna.co.kr