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In June 2022 and March 2023, CSIS and the Chey Institute for Advanced Studies gathered experts to explore the opportunities and risks posed by supply chains on three clusters of technologies critical to the United States and the Republic of Korea (ROK): semiconductors, electric vehicle batteries, and biotechnology. This report analyzes these technology areas to assess the future of U.S.-ROK cooperation in technological innovation, supply chain management, and navigating geopolitical risk. The report finds that the United States and the ROK sometimes engage in economic competition, and although this is expected of major economies, both governments must take care to ensure competition does not undermine strategic cooperation. Scientific innovation may hold a key piece of the solution, as innovation across industries can augment supply chain diversification.
This collaborative project was made possible by the generous support of the Chey Institute for Advanced Studies.
