South Korea has launched an ambitious plan to become a world leader in green energy and storage , following the unveiling of a KRW billion ( $ 37bn ) support package . Seoul also plans to double the amount of renewable energy it produces by 2025 , a decade earlier than previous plans . The country is set to rely on home - grown companies such as Samsung for innovations in mobile technology , offering the company a chance to sidestep a gap in smartphone growth .
South Korea has launched an ambitious plan to become a world leader in green energy and storage, following the unveiling of a KRW 42tn ($37bn) support package. Seoul also plans to double the amount of renewable energy it produces by 2025, a decade earlier than previous plans. The government is set to rely on home-grown firms such as Samsung for innovations in battery technology, offering the company a chance to sidestep a slowdown in smartphone growth.