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Research and development spending by Korean companies up 7% in 2004-2005

South Korean companies had the highest annual growth in R&D spending - 40% - according to the International R&D Scoreboard for 2004/2005. The growth was led by Samsung Electronics, Hyundai Motor and LG Electronics Inc.

South Korean companies had the highest annual growth in R&D spending - 40% - according to the International R&D Scoreboard for 2004/2005. The growth was led by Samsung Electronics, Hyundai Motor and LG Electronics Inc. Japanese companies raised spending by a more modest 4%.