ARTFEED — Contemporary Art Intelligence

China's tech edge forces South Korea to rethink industrial ties

economy-finance · 2026-05-08

China's rapid technological advances and aggressive pricing are eroding profitable industrial synergies with South Korea, prompting experts to call for a strategic pivot. At a Beijing forum co-hosted by Renmin University and the South Korean embassy, Seo Bong-kyo, head of Samsung Global Research China, urged both nations to build interdependent ecosystems in high-growth sectors like batteries and artificial intelligence. He emphasized re-evaluating core strengths for a synergistic global supply chain and noted that China's domestic demand expansion opens high-value markets for South Korean firms. Speakers also advocated for an upgraded free-trade agreement. Economic ties between Beijing and Seoul, a key US ally, have slowly recovered from a downturn following the 2017 THAAD deployment.

Key facts

  • China's technological gains and pricing pressure South Korean firms.
  • Seo Bong-kyo of Samsung Global Research China spoke at a Beijing forum.
  • Forum co-hosted by Renmin University and South Korean embassy.
  • Seo urged re-evaluation of core strengths for interdependent supply chains.
  • Pivot to shared AI and EV standards and cooperation recommended.
  • Upgraded China-South Korea free-trade pact deemed vital.
  • Economic ties recovering after 2017 THAAD deployment.
  • China's domestic demand expansion seen as opportunity for South Korea.

Entities

Institutions

  • Samsung Global Research China
  • Renmin University
  • South Korean embassy

Locations

  • Beijing
  • China
  • South Korea
  • East Asia
  • United States

Sources