TV demand slowdown
Scope
Date
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Corporate restructuring
SK Telesys merges with SK Solmics, both wholly owned subsidiaries of SKC
SK Solmics Co., a wholly owned subsidiary of SKC Inc., is poised to merge with SK Telesys Co. on February 1 of next year, according to regulatory fi...
Nov 08, 2022 (Gmt+09:00)
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Korean chipmakers
Samsung fast-forwards digital transformation of its chip business
South Korea's Samsung Electronics Co., the world’s largest memory chipmaker, is accelerating its digital shift to better respond to the changi...
Nov 07, 2022 (Gmt+09:00)
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Earnings
Korean Air soars with best quarterly results in its history
Korean Air is flying high after breaking its quarterly record for the second time this year thanks to growing profits from passenger flights as well...
Nov 04, 2022 (Gmt+09:00)
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Economy
Korea to face more headwinds after Q3 growth hits 1-yr low
The South Korean economy grew at its slowest pace of the year in the third quarter on weak net exports, adding to concerns over a further slowdown i...
Oct 27, 2022 (Gmt+09:00)
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Earnings
Samsung reiterates no memory chip output cut despite weak Q3 results
Samsung Electronics Co., the world’s largest memory chip and smartphone maker, said on Thursday it will not reduce its production despite dwin...
Oct 27, 2022 (Gmt+09:00)
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ASK 2022
KFCC eyes recession-resistant sectors like healthcare, necessities
The Korean Federation of Community Credit Cooperatives (KFCC) is eyeing certain sectors that create stable revenue streams such as healthcare, daily...
Oct 26, 2022 (Gmt+09:00)
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Korean chipmakers
Samsung, Qualcomm unveil industry’s fastest LPDDR5X DRAM chip
South Korean tech giant Samsung Electronics Co. said on Tuesday it has successfully proved the performance of its latest LPDDR5X DRAM on Qualcomm Te...
Oct 18, 2022 (Gmt+09:00)
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Korean chipmakers
SK Siltron, UK's IQE to produce high-efficiency wafers for Asian market
South Korean silicon wafer maker SK Siltron Co. has teamed up with UK-based wafer products supplier IQE plc to produce gallium nitride (GaN) epitaxi...
Oct 11, 2022 (Gmt+09:00)
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Batteries
POSCO Holdings to invest extra $1.1 billion in Argentine lithium plant
POSCO Group, which owns South Korea’s largest steelmaker, plans to invest an additional $1.09 billion, or 5 trillion won, in its lithium produ...
Oct 11, 2022 (Gmt+09:00)
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Tech, Media & Telecom
KT rebrands Olleh TV as Genie TV to transform into media portal
South Korea’s telecom giant KT Corp. is rebranding its IPTV service Olleh TV as Genie TV as part of its efforts to transform into a media port...
Oct 05, 2022 (Gmt+09:00)
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Automobiles
EVs, hybrids in growing demand in used car market
Eco-friendly cars such as electric vehicles and hybrids have increased their share in South Korea's used car market, together accounting for 36% of ...
Oct 03, 2022 (Gmt+09:00)
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Fiber & Textile
Kolon Ind expands tire cord fabric plant in Vietnam
Kolon Industries Inc. has expanded the capacity of its polyester tire cord fabric plant in Vietnam, the South Korean company said on Wednesday.The f...
Sep 28, 2022 (Gmt+09:00)
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Entertainment
Squid Game makes Rolling Stone's 100 greatest TV shows list
Netflix original South Korean drama "Squid Game" has been selected as one of the 100 greatest TV shows of all time by US music and pop culture magaz...
Sep 28, 2022 (Gmt+09:00)
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Petrochemicals
Korea's DL Chem shrugs off slow petrochemical market in Q3
DL Chemical Co., the petrochemical arm of South Korean conglomerate DL Group, is forecast to post robust third-quarter results despite sluggish sa...
Sep 26, 2022 (Gmt+09:00)
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IPOs
Korea battery, chip companies fail to reboot IPO market
South Korea’s battery and semiconductor companies, stock investors’ favorites, failed to revive the local initial public offering market...
Sep 18, 2022 (Gmt+09:00)
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Korean food
Price of napa cabbage, key kimchi ingredient, keeps soaring
The price of napa cabbage continues to soar in South Korea. Hit by heavy rainfall during its harvest season, Gangwon Province suffered from a l...
Sep 16, 2022 (Gmt+09:00)
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Tech, Media & Telecom
LG Uplus' K-pop idol platform goes global via smart TVs
Fans of K-pop idols such as boyband sensation BTS and girl group Blackpink will be able to enjoy their live performances through smart TVs at home a...
Sep 06, 2022 (Gmt+09:00)
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Economy
Shipyards, TV plants to shut down as typhoon lands on Korea
The world’s two largest shipbuilders Hyundai Heavy Industries Co. and Daewoo Shipbuilding & Marine Engineering Co., decided to shut down t...
Sep 05, 2022 (Gmt+09:00)
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Economy
Korea’s record trade deficit adds to downturn concerns
South Korea logged a record monthly trade deficit in August with the longest spree of shortfalls in more than 14 years, while domestic consumption, ...
Sep 01, 2022 (Gmt+09:00)
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Automobiles
Hankook Tire to spend $1.6 bn on US plant expansion
Hankook Tire & Technology Co., South Korea’s top tire maker, will invest $1.6 billion to more than double its output in the US, the world&...
Aug 30, 2022 (Gmt+09:00)
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Electronics
LG Electronics to debut world’s largest 97-inch OLED TV at IFA 2022
LG Electronics Inc. will unveil the world’s largest 97-inch organic light-emitting diode TV at the upcoming electronics show in Germany, a mov...
Aug 29, 2022 (Gmt+09:00)
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Electronics
Demand for Samsung foldables keeps smartphone parts makers busy
Smartphone parts suppliers to Samsung Electronics Co. are running their plants at full capacity as the South Korean tech giant’s latest fold...
Aug 26, 2022 (Gmt+09:00)
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Electronics
Samsung Electronics retains top TV vendor status in shrinking market
South Korea’s two home appliances giants – Samsung Electronics Co. and LG Electronics Inc. – dominated the global TV market in the...
Aug 23, 2022 (Gmt+09:00)
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Entertainment
China's high entry barriers for Korean films, dramas
“Oh! My Gran” was the only South Korean movie to hit the big screen in China in the past year. It was also the first Korean film to be p...
Aug 22, 2022 (Gmt+09:00)
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Corporate investment
Korea Inc. cuts factory runs, capex on record inventory
Samsung Electronics Co. and other major South Korean companies have reduced their plant operations and capital expenditures as weakening demand amid...
Aug 18, 2022 (Gmt+09:00)
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Robotics
LG, KT join forces to launch next-generation service robots
South Korea’s leading telecommunications company KT Corp. has partnered with LG Electronics Inc. to develop and launch next-generation custome...
Aug 17, 2022 (Gmt+09:00)
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Earnings
Taekwang’s first loss in a decade dampens outlook
Taekwang Industrial Co., a South Korean petrochemical and textile company, reported its first quarterly loss in 10 years amid weakness in its key bu...
Aug 16, 2022 (Gmt+09:00)
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Earnings
Korea game sector hopes for better profits with new titles
South Korea’s game developers aimed to improve earnings with the release of new titles in the second half after reporting disappointing quarte...
Aug 11, 2022 (Gmt+09:00)
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Debt financing
Conglomerates lead loan growth to record high in July
South Korea's large business groups led a sharp increase in bank lending in July, driving the corporate bank loan growth to a record high, central b...
Aug 11, 2022 (Gmt+09:00)
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Energy
S.Korean refiners foresee dismal H2 on falling margins
Refiners in South Korea are expected to report weak earnings in the third quarter after record profits in the previous three months as margins decli...
Aug 09, 2022 (Gmt+09:00)
Latest News
- 1 Lee Jae-myung to meet with top business leaders this week ahead of G7 summit
- 2 Korea to allow non-profits to buy bad consumer loans
- 3 LG to drive future growth in emerging markets with battery prowess
- 4 South Korean President Lee, Japanese Prime Minister Ishiba seek closer ties
- 5 Naver Ventures to plant flag in Silicon Valley with TwelveLabs bet