H. Yoo
Research expert covering South Korea
Auto suppliers in South Korea - statistics & facts
Together with its automotive industry, South Korea's auto parts supplier industry is rated as one of the world’s best. The industry boasts a sales value well into the multi-billion U.S. dollar range. Domestic auto suppliers have remained competitive in the global parts market by offering eco-friendly parts, advanced features, and modularization. Furthermore, the nation's position as an IT powerhouse is expected to benefit local auto parts manufacturers in this regard.
