Firms in 10 major manufacturing sectors to invest $81.8 billion in 2025

South Korean companies successful 10 cardinal manufacturing sectors, including the semiconductor industry, program to put a combined 119 trillion won ($81.8 billion) this twelvemonth to foster sustainable growth, the manufacture ministry present said connected Wednesday.

The fig marks a 4 percent summation from the 114 trillion-won concern made successful those sectors past year, according to the Ministry of Trade, Industry and Energy, reports Yonhap quality agency.

The sectors see automobile, display, rechargeable battery, steel, biology, petrochemical, shipbuilding, machinery and robotics, and textile.

The semiconductor manufacture is expected to summation concern successful precocious representation concern to respond to robust spot request sparked by the maturation of the artificial quality (AI) technology.

The automotive manufacture plans to grow concern successful electrical conveyance (EV) transition.

The secondary artillery and alloy industries, however, volition apt alteration their concern owed to sluggish request and oversupply issues.

Detailed plans for the envisioned investments were not disclosed to support the companies' commercialized secrets.

"It is important to marque strategical overseas investments amid the intensifying planetary commercialized war, but the companies besides person to worth home concern to make jobs and resoluteness proviso concatenation uncertainties," Industry Minister Ahn Duk-geun said.

Ahn called connected the companies to wage peculiar attraction to concern successful AI arsenic the fast-evolving exertion could bring innovations crossed assorted industries.

Meanwhile, from planned levies connected alloy and aluminium imports to threats of duties connected cars and chips, U.S. President Donald Trump's tariff-based argumentation attack is sending South Korea scrambling to navigate done it and support the bilateral concern dependable and sturdy.

After slapping a 10 per cent tariff connected Chinese imports, Trump appeared to beryllium shifting his attraction to South Korea and different trading partners with plans to reinstate a 25-per cent tariff connected alloy imports and rise the tariff complaint connected aluminium imports to 25 per cent from 10 per cent -- some starting March 12.

On apical of those plans, helium noted that his medication volition denote "reciprocal tariffs" this week, portion weighing caller tariffs connected vehicles, chips and pharmaceuticals, raising the prospects of friction with cardinal suppliers of those items, including South Korea.