Business: Samsung, Hyundai Motor lead in R&D expenditure despite low income
SEOUL SEOUL: Research and development (R&D) spending by South Korea’s major companies last year rose to an all-time high despite a drop in sales amid an economic slowdown, data showed on Sunday.The country’s top 1,000 companies invested a combined 72.5 trillion won ($52.12 billion) in 2023, up 8.7 percent from a year earlier, according to … Read more