South Korean chemical companies are found to have been less aggressive in their research and development spending.<br />According to industry sources,... Korea's top 10 chemical firms have spent an average of around 1 percent of sales revenue on R&D in the first half of 2019.<br />That's lower than the global average for the chemical sector.<br />Sources say investment in R&D is crucial for firms to develop new materials,... amid efforts to reduce reliance on Japanese materials due to Tokyo's export curbs on Seoul.<br />
