Suparna Mitra, Kolkata, West Bengal: The flag of Republic of South Korea is known as Taegeukgi and it embodies the vision of Korean people who like the universe, seek continuous creation and enrichment by upholding the spirit and significance of the Taegeukgi. Korean people seek to realise the unity and unification which their flag symbolises and contribute to happiness and peace of humanity. Korean people take pride in their national flag, which has an interesting history. Click to read more about the national flag of South Korea.