Shifting supply chains: Redefining strategies for success in Korea

Join Corporate Network for an exclusive event in which we will bring together a panel of experts from key sectors to discuss how companies operating in Korea may stand to benefit from the shifting supply chains in the region.

About the event

Against the backdrop of the covid-19 pandemic geopolitical events, such as the war in Ukraine and US-China tensions, have created uncertainty for businesses. In response to the resulting supply disruptions, and in anticipation of a slowdown in trading activity in 2023, businesses are focused on enhancing their resilience for the longer term with the aim of insulating themselves from future shocks.

As China takes a stricter approach to corporate concerns, such as data privacy and financial dividends, executives say that the mood is tenser than ever. Since the spring, Chinese officials have searched the offices of consultancies Capvision and Bain and they have detained employees from Mintz, an American due-diligence firm, and Astellas, a Japanese pharmaceutical company. This has prompted an unprecedented capital outflow from China, estimated at $755 billion in 2023 by EIU. Meanwhile, some Korean companies, shaken by Lotte’s treatment over the THAAD deployment in 2017 have long been looking for ways to reshore or diversify their supply chains. As just one example, Samsung Electronics’ workforce in China has shrunk 49 percent from 2017 to the end of 2022.

How are businesses in Korea responding? Are they reshoring, near-shoring, or friend-shoring? Is investment returning inward to Korea or to emerging economies such as Vietnam or India? Korea still offers important economic and political advantages that may entice some companies, especially Western firms, to move here.


Dr. Ki-soon Park

Senior Advisor at Denton’s Lee, Professor at Sungkyunkwan University

Jacco Zwetsloot

Network Moderator, Seoul at Economist Intelligence Corporate Network

Michel Zwanenburg

Executive Vice President at Seoul Semiconductor

Chul Chung

Senior Research Fellow at Korea Institute for International Economic Policy (KIEP)


Lotte Hotel Seoul

30, Eulji-ro, Jung-gu, Seoul, Korea
Seoul, Korea (South)

Meeting room details will be shared upon successfull registration.


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Times below are shown as GMT+9

18:00 – 18:20 – Registration and networking

18:20 – 19:30 – Panel dicussion and Q&A

19:30 – 21:30 – Standing dinner and cocktails

Request to attend

Our events are typically closed-door and reserved for members only. As such, please note that guest spaces are extremely limited and subject to availability and suitability. To request to attend this event, please fill out the form below and a member of our staff will be in contact with you shortly.