Current status of South Korea’s industrial structure

South Korea's industrial structure is dominated by manufacturing, in which industries such as electronics, automobiles, ships, and steel occupy an important position.

South Korea's four pillar industries are automobiles, shipbuilding, semiconductors, and screens. These industries have long contributed greatly to the growth and employment of the Korean economy. However, with the rise of China, the status of these industries is facing unprecedented challenges.

China's automobile industry has become the world's largest automobile exporter, surpassing South Korea.

China's shipbuilding companies surpassed South Korea in 2021 and became the world's number one.

China's display panel production share has exceeded South Korea's 40%.

China's memory chip industry is catching up at a rapid pace and has made gratifying progress, which poses a severe challenge to South Korea's semiconductor industry.

In addition, South Korean politics.