South Korean companies face increasing difficulty finding profitable industrial synergies with China due to its rapid technological advancements and aggressive pricing. Experts suggest a pivot towards interdependent ecosystems.

China’s rapid technological gains and aggressive pricing are making it increasingly difficult for South Korean firms to find profitable areas of industrial synergy with their Chinese counterparts, according to experts. Speakers at a recent forum in Beijing urged firms from both countries to pivot towards building more interdependent ecosystems in high-growth sectors such as batteries and artificial intelligence, while also calling for the advancement of negotiations towards an upgraded...