South Korea is maintaining its lead in IT and manufacturing,... but latest figures show... it needs to improve its competitiveness and innovation.<br /> According to a report released on October 14th by the Korea International Trade Association,.... South Korea ranked 1st in semiconductor company revenue and shipbuilding in 2017. <br />It also scored highly in ICT development. <br />However, South Korea's national competitiveness remained low compared to other advanced countries,... and the innovative capacity of Korean firms has declined from five years ago.<br />Korea was also towards the bottom when it came to transparency of government policy.<br />THe Association made the annual report by gathering statistics from a range of global economic reports. <br />
