market outlook 2023

Samsung Electronics Co., the world’s largest memory chip and smartphone maker, posted its worst quarterly operating profit in eight years on F...

LAS VEGAS, NV – Imagine there’s a single easiest way to manage a myriad of devices simultaneously.Imagine all the people, connected live...

Hyundai Motor Co. and Kia Corp. kept their fifth place in sales in the US market for the second consecutive year. Despite production setbacks due to...

Golfzon Co., a global indoor golf equipment maker, will participate in CES 2023 in Las Vegas to showcase its "Wave Play" product line, which targets...

Hyundai Motor Co.'s hydrogen fuel cell car model Nexo far surpassed Toyota in the world's market share. According to SNE Research, a market research...

South Korea's shipbuilding exports this year are expected to jump 76.1% from last year to $32.4 billion to lead all major manufacturing industries i...

South Korea’s initial public offering market has soured as gourmet food delivery platform Kurly Inc. delayed its listing amid deteriorating in...

LAS VEGAS – South Korean startups have won four out of the 23 Best of Innovation awards from Consumer Technology Association (CTA), which host...

Samsung Electronics Co. on Tuesday unveiled its 2023 lineup of smart TVs connected to several Internet of Things (IoT) devices, without using separa...

South Korea's health functional foods company Novarex and cosmetics company Riiman Korea met to promote the health-functional foods business togethe...

Ediya Coffee, South Korea's home-grown low-priced coffee brand, will open a branch in Guam in the first half of this year to seek growth through exp...

The Hyundai Motor Group is aiming to boost sales by 10% this year from 2022, above an estimated single-digit growth in the global automotive market....

LG Uplus Corp. said on Tuesday that it has succeeded in linking open distributed unit (O-DU) and open RAN (radio access network) radio unit (O-RU) b...

South Korea's KT Corp. and E-mart Inc. are the frontrunners in the new year's corporate bond demand forecasts, attracting attention on if they can b...

Convenience store franchiser 7-Eleven said on Tuesday that it would display a new concept metaverse store for the first time in the industry toget...

South Korea’s POSCO International Co. completed a merger with its affiliate POSCO Energy Co. on Jan. 1, which the trading company said would f...

LAS VEGAS, NV – A growing number of South Korea’s leading companies and startups are heading to CES 2023, the world’s largest tech...

Business Canvas, a South Korean SaaS (software as a service) startup that services the global document tool "Typed," announced on Tuesday that it ha...

LG Electronics Inc. said on Monday that it will unveil a smart sleep care solution “Breeze” at CES 2023 on Jan. 5.Breeze is a wireless e...

Samsung Electronics Co. topped the list of stocks expected to outperform the South Korean stock market in 2023 on the prospect of a rebound in the m...

South Korea suffered a record trade deficit last year as the ongoing war in Ukraine ramped up energy import bills, while the outlook remained dark w...

South Korean electric vehicles for lease are forecast to receive US tax credits under the Inflation Reduction Act (IRA) as new guidelines of the law...

Amazon controls around 70% of South Korea's cloud market, followed by Microsoft in second and Google and Naver Corp. fighting for third place.The Ko...

Samsung Electronics Co. will showcase four projects and eight startups developed through its venture program C-Lab at CES 2023, the world's largest ...

South Korea’s telecom giant KT Corp. has named current chief executive Ku Hyeon-mo the sole candidate for its next CEO during a board meeting ...

Depression in equity markets in the wake of global rate hikes this year has not prevented Korean companies from rushing into Kosdaq, South Korea's m...

HL Mando ( Mando Corp. ) and self-driving technology company HL Klemove said Wednesday that they would participate in CES 2023, the world's largest ...

Domestic automobile output next year is forecast to increase 1.4% over this year to 3.7 million units.The Korea Automobile Manufacturers Association...

Despite South Korea's weak stock market this year, the exchange-traded fund (ETF) sector, which marked its 20th anniversary, maintained a clear grow...

Global ocean freight prices are falling amid a darkening outlook for South Korea, as Asia’s fourth-largest economy heavily depends on overseas...