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S. Korea's Manufacturing 4 Years Behind in 4th Industrial Revolution

Written: 2017-05-24 18:49:38Updated: 2017-05-24 19:06:02

S. Korea's Manufacturing 4 Years Behind in 4th Industrial Revolution

A state-run think tank says South Korea’s manufacturing industry is lagging about four years behind advanced nations in terms of preparations and responses to the Fourth Industrial Revolution.

The Korea Institute for Industrial Economics and Trade(KIET) released a report on Wednesday, rating the country’s manufacturing industry at 81 of 100 points in the race toward the Fourth Industrial Revolution.

In the category of production and manufacturing process, it scored 90 points, showing a two-year gap with advanced nations, and received around 75 points in design and brand with a large gap of five years.

There were little gaps between the country’s IT industry and those of advanced countries.

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