Executive Summary: http://itri.loyola.edu/kei/
The purpose of this study was to provide a clear English-language analysis of how Korean corporations operate and what technologies, manufacturing procedures, capabilities, and infrastructure have made them so successful in the electronics industry. The report is based on the WTEC team's visits in 1996 to Korean electronics companies, institutions, and government agencies, on conversations with company employees, and on research of the available literature. All Korean hosts were given an opportunity to review and make corrections to the report prior to publication. Korea's electronics capabilities in the past 25 years have undergone remarkably consistent and rapid expansion in terms of (1) size and capacity of facilities, (2) technological expertise and sophistication, and (3) income earned and impact on the world market. Korea has built and is continuing to build a stand-alone capability in a broad range of electronics technologies, including DRAM, SRAM, and ASIC design approaches; electronics materials and packaging; and development of key new information technology products (e.g., displays). The nation's strategic focus is on achieving dominance not only in production and manufacture of electronics products and components, but also in creation and innovation of new technologies in the field. Korea is determined to remain internationally competitive in electronics in the long run and is prepared to commit the required long-term financial and logistical resources to achieve its goals.