consumer electronics
Scope
Date
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Earnings
LG Elec. profit down on costs; automotive biz back in the black
LG Electronics Inc., the global home appliance maker, suffered a lower profit in the second quarter on the back of rising commodity and logistics co...
Jul 07, 2022 (Gmt+09:00)
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Korean chipmakers
Samsung Elec's Q2 earnings signal end of upward run
Samsung Electronics Co. on Thursday estimated that its second-quarter operating profit and sales edged down from three months before, reversing its ...
Jul 07, 2022 (Gmt+09:00)
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Automobiles
Easing car delivery crunch: Boon or bane for Hyundai, Kia?
Just like its global peers, Hyundai Motor Co. and Kia Corp. have suffered from the chip shortage that bogged down the entire auto industry for nearl...
Jul 06, 2022 (Gmt+09:00)
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Economy
Korea faces risk from record $114 bn in inventory assets
South Korea’s major listed companies held record inventory assets as they piled up raw materials to deal with the global supply chain disrupti...
Jul 06, 2022 (Gmt+09:00)
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Economy
Korea inflation at 24-year high, adds to big step views
South Korea’s inflation accelerated to a 24-year high last month, reinforcing expectations that the central bank may raise interest rates by 5...
Jul 05, 2022 (Gmt+09:00)
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Economy
Korea sees record H1 trade deficit, weak consumer sentiment
South Korea suffered the largest trade deficit for the first half of a year on surging energy prices and slowing exports, while consumer sentiment i...
Jul 01, 2022 (Gmt+09:00)
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Electric vehicles
LG Magna to spend $78 mn on China capacity expansion
LG Magna e-Powertrain Co. will invest $78 million in its Chinese plant of electric vehicle parts to meet growing demand in the world’s largest...
Jun 30, 2022 (Gmt+09:00)
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Electric vehicles
LG Electronics, GS acquire AppleMango to launch EV charging business
LG Electronics Inc., in partnership with GS Group, is advancing into the electric vehicle charging service market by acquiring AppleMango Co., a Sou...
Jun 27, 2022 (Gmt+09:00)
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Blockchain
S.Korean conglomerates look to paint future with NFTs
The non-fungible token (NFT) ecosystem has penetrated into mainstream society. NFTs are digital assets that represent objects in the physical world,...
Jun 23, 2022 (Gmt+09:00)
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Korean chipmakers
Samsung to boost chip substrate investment after Apple order
Samsung Electro-Mechanics Co. will expand its manufacturing facilities for high-performance package substrates in both South Korea and Vietnam, afte...
Jun 22, 2022 (Gmt+09:00)
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Venture capital
Temasek VC unit CEO sees recent downturn as investment opportunity
Vertex Venture Holdings, a venture capital unit of Singapore state investor Temasek Holdings, expects the recent global downturn to offer investment...
Jun 19, 2022 (Gmt+09:00)
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Economy
Korea May inflation tops 5% for first time since 2008-09 crisis
South Korea’s inflation accelerated further in May to the fastest pace since the 2008-09 global financial crisis on surging energy and food pr...
Jun 03, 2022 (Gmt+09:00)
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Arts
LG to sponsor Guggenheim’s move for tech-based art
LG Group, South Korea’s No. 4 conglomerate, is set to support the Guggenheim’s move for technology-based art as the consumer electronics...
Jun 03, 2022 (Gmt+09:00)
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Corporate investment
LG bets $34 bn on battery, automotive electronics biz for its future
LG Group, South Korea’s fourth-largest conglomerate, is set to pour $34 billion into the battery, automotive electronics and other future grow...
May 26, 2022 (Gmt+09:00)
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Electronics
Winia Electronics sharpens marketing efforts in Mexico
Winia Electronics Co., a medium-sized South Korean consumer electronics company, is the top microwave brand in Mexico. It is a little-known fact tha...
May 23, 2022 (Gmt+09:00)
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Retail
Korea electronics retailers face headwind from e-commerce, dept. stores
South Korea’s major electronics retailers such as Lotte Himart are facing a headwind as more customers are buying home appliances online and d...
May 18, 2022 (Gmt+09:00)
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Electronics
LG Electronics receives ISO certification for auto chip technology
LG Electronics Inc., a leading South Korean home appliance maker, has received ISO certification for its automotive chip development process, includ...
May 06, 2022 (Gmt+09:00)
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Economy
Korea April inflation hits 13-1/2-year peak; bond yields up
South Korea’s consumer prices in April rose at the fastest pace since the 2008-09 global financial crisis, reinforcing expectations of further...
May 03, 2022 (Gmt+09:00)
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The KED View
Can Samsung Electronics ever catch up to foundry leader TSMC?
For years, Samsung Electronics Co. has been touted as the backbone of the South Korean economy, Asia’s fourth-largest, under the government&rs...
May 03, 2022 (Gmt+09:00)
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Korean stock market
Samsung Electronics shares rebound as foreigners turn net buyers
Shares of Samsung Electronics Co., the largest stock on South Korea’s main bourse, rose strongly on Friday, snapping a five-day losing streak,...
Apr 29, 2022 (Gmt+09:00)
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Artificial intelligence
LG Electronics establishes hiring-guaranteed AI department at Yonsei
LG Electronics Inc. is poised to set up a new department at Seoul-based Yonsei University to train aspiring artificial intelligence engineers. ...
Apr 26, 2022 (Gmt+09:00)
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Korean chipmakers
Samsung to supply chip substrate for Apple’s next-gen M2 processor
Samsung Electro-Mechanics Co. will supply its semiconductor package substrate to Apple Inc. for the US tech giant’s next-generation M2 process...
Apr 21, 2022 (Gmt+09:00)
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Korean food
CJ steps up US exports with new instant rice bowls
South Korea's food and beverage giant CJ CheilJedang Corp. on April 21 began shipment of its new Hetbahn instant rice products for US consumers from...
Apr 21, 2022 (Gmt+09:00)
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Electronics
LG Electronics widens lead over Whirlpool as top home appliance maker
LG Electronics Inc. is consolidating its lead over Whirlpool Corp. as the world’s top home appliances maker, with $1 billion more in sales rev...
Apr 19, 2022 (Gmt+09:00)
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COVID-19
Korea firms’ Shanghai plants to remain disrupted long on lockdown
South Korean companies’ production in Shanghai is expected to remain disrupted long on the lockdown to curb the spread of COVID-19, raising co...
Apr 15, 2022 (Gmt+09:00)
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Korean Investors
Healthcare, tech top Korean LPs' favorite PE sectors
Healthcare and technology are the preferred sectors for global private equity investment, a survey of South Korea's major asset owners has shown. Co-i...
Apr 06, 2022 (Gmt+09:00)
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Korean Investors
Healthcare, tech top Korean LPs' favorite PE sectors
Healthcare and technology are the preferred sectors for global private equity investment, a survey of South Korea's major asset owners has shown. Co-i...
Apr 06, 2022 (Gmt+09:00)
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Blockchain
Samsung, LG, SK step up push into blockchain market
Top South Korean conglomerates such as Samsung, LG and SK are stepping up efforts to build a presence in the blockchain and crypto-asset markets, a ...
Mar 24, 2022 (Gmt+09:00)
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Corporate strategy
Samsung looks to metaverse, robots for future growth
South Korea's Samsung Electronics Co. is eyeing the metaverse and robotics as keys to the global tech giant’s future. At the same time, it is ...
Mar 16, 2022 (Gmt+09:00)
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Corporate strategy
Samsung Electro-Mechanics to focus on IT, automotive electronics sectors
South Korea’s Samsung Electro-Mechanics is set to focus on information technology and automotive electronics sectors as they are core growth e...
Mar 10, 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