South Korean Cosmetics Industry

What Makes South Korea a World Leader in the Cosmetics Industry?

For many years, France and Japan were considered the leaders of the global cosmetics industry. In recent times, however, South Korea has joined their ranks, becoming incredibly well known for its beauty products and bringing its own innovation and quality to the market. K-beauty products are now sought after around the world. What has brought…

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Electric vehicle industry

South Korea’s Plan to Boost Its Electric Vehicle Industry

The South Korean government has set high goals for its electric vehicle industry over the next ten years, and is making heavy investments in both the vehicles themselves and in the infrastructure necessary to support them. The government announced late last year that it would be providing the equivalent of about $900 million in subsidies for…

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