Ministry of Trade, Industry and Energy

MOTIE attends 15th Korea-Japan Industrial Technology Fair

Trade, Industry and Energy Ministry’s Deputy Trade Minister Jeong Dae-jin attended the 15th Korea-Japan Industrial Technology Fair on November 1 at the Lotte Hotel Seoul to congratulate the two countries’ business and tech exchanges and support companies' networking.   The fair was attended by approximately 200 persons, including Kim Yoon, the chairman of Korea-Japan Cooperation Foundation for Industry and Technology, and Koichi Aiboshi, Ambassador of Japan to the Republic of date2022-11-01

Korea's retail industry gains 7.5% in September

The Ministry of Trade, Industry and Energy (MOTIE) announced on October 31 that Korea’s retail sales in September recorded a year-on-year growth of 7.5 percent. Both physical and online retailers gained in sales, up 6.0 percent and 9.1 percent, respectively. The Ministry releases monthly retail sales figures based on surveys of 25 major retailers. Thirteen of them are physical retailers: three department store chains, three hypermarket chains, three convenience store chains, and four &l date2022-10-31

Minister attends 15th Semiconductor Day

Trade, Industry and Energy Minister Lee Chang-yang attended the 15th Semiconductor Day ceremony on October 27 held at COEX in Seoul to award medals and orders of merit to 83 persons for their contribution to domestic chip industry advancement.   At the ceremony, Minister Lee gave a congratulatory message, stating that “global economic slowdown risks are rising, darkening industry prospects for second half semiconductor exports in 2022, but the chips market outlook is still bright as date2022-10-28

Minister attends 15th Semiconductor Day

Trade, Industry and Energy Minister Lee Chang-yang attended the 15th Semiconductor Day ceremony on October 27 held at COEX in Seoul to award medals and orders of merit to 83 persons for their contribution to domestic chip industry advancement. Semiconductor Day was first started in 2008 to commemorate October 29, 1994, the day when South Korea’s chip exports reached USD 10 billion. This year's ceremony was attended by approximately 400 persons, including representatives from relevant acad date2022-10-28

MOTIE holds Carbon Korea 2022

The Ministry of Trade, Industry and Energy's Materials Convergence Industries Director-General Lee Yong-pil attended on October 26 the opening ceremony of Carbon Korea 2022 at COEX in Seoul, which was held for the sharing of present and future of carbon products for carbon industry advancement.   At the ceremony, Director-General Lee toured the exhibition booths and awarded the Presidential, Prime Minister's and Government commendations to seven persons who contributed to carbon industry date2022-10-27

MOTIE attends Robot World 2022

The Ministry of Trade, Industry and Energy's Deputy Minister for the Office of Industrial Policy Joo Young-joon attended the Robot World 2022 opening ceremony on October 26 held at KINTEX in Ilsan.   The Deputy Minister gave an opening message, stating that “robot technology is the foundation of the fourth industrial revolution and the future high-tech industry that creates new forms of added value.” He emphasized that “the Ministry will support domestic robot industries date2022-10-26

1st Vice Minister attends Digital Transformation Fair 2022

Industry, Trade and Energy 1st Vice Minister Jang Young-jin attended the opening ceremony of Digital Transformation Fair 2022 (D.Ton) on October 18 at KINTEX, Ilsan, where he awarded orders and medals of merit to those who contributed to Korea’s machinery industry.    Vice Minister Jang stated in his congratulatory message that “Korea’s machinery industry needs to see intellectualization and value enhancement to bring about the advancement of the manufacturing indus date2022-10-20

Minister holds 10th MPE Competitiveness Committee Meeting

Trade, Industry and Energy Minister Lee Chang-yang held the 10th MPE (Materials, Parts and Equipment) Competitiveness Committee on October 18 at the Government Complex Seoul to discuss new policy directions under the new regime and extended scope of MPE core strategic technologies.   The meeting was attended by relevant officials and other experts, including Economy and Finance Minister Choo Kyung-ho, SMEs and Startups Minister Lee Young and Korea University Professor Ha Jeong-sook. &nbs date2022-10-19

MOTIE announces MPE industry policies

Trade, Industry and Energy Minister Lee Chang-yang held the 10th Materials, Parts and Equipment (MPE) Competitiveness Committee (hereinafter “Committee”) Meeting at the Government Complex Seoul on October 18 to discuss and confirm MPE policy directions under South Korea’s new regime. A first under the Yoon administration, the meeting was held against the backdrop of prolonged Russia-Ukraine war and intensifying U.S.-China technology hegemony race among other internal and exter date2022-10-19

1st Vice Minister holds 35th Business Realignment Deliberative Committee Meeting

Trade, Industry and Energy 1st Vice Minister Jang Young-jin presided the 35th Business Realignment Deliberative Committee Meeting on October 12 at the Lotte Hotel Seoul in the presence of government officials and private sector members to deliberate 17 items of various sectors, including future cars, bio, agricultural cooperative and eco-friendly. date2022-10-13