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Business
Global economic recovery to depend on vaccine rollout
Advanced economies, where COVID-19 vaccines are rapidly being rolled out, are expected to move into an economic recovery in the second quarter (Q2) of this year, but emerging economies, where vaccinat
Mon, 08 Mar 2021 16:54:34 GMT
69 S. Korean products hold highest share in global market
As of 2019, a total of 69 South Korean products held the highest share of their type in the export market. Korea was ranked 11th in the world in terms of the number of market-leading products, its hig
Mon, 08 Mar 2021 16:39:21 GMT
South Korea’s per capita GNI falls 1.1% in 2020
Last year, South Korea’s per capita gross national income (GNI) dropped to US$31,000 because of negative growth and a weak won.The Bank of Korea released the provisional figures Thursday for GNI in th
Fri, 05 Mar 2021 16:42:41 GMT
S. Korean conglomerates to invest $38.6 billion in hydrogen economy
SK, Hyundai Motor, POSCO, Hanwha and Hyosung are planning to invest a total of 43.4 trillion won (US$38.6 billion) through 2030 in all areas of the hydrogen economy, ranging from production and distri
Wed, 03 Mar 2021 16:38:58 GMT
Average daily exports in February record their highest ever for February
South Korea’s average daily exports last month recorded their highest dollar value ever for a February. The trade balance also remained positive for a tenth straight month.On March 1, the South Korean
Tue, 02 Mar 2021 16:50:28 GMT
[Column] Will young CEOs bring a new wave of management philosophy?
The leaders of economic groups like the Korea Chamber of Commerce and Industry (KCCI) and the Korea International Trade Association (KITA) are taking on a new look as February draws to a close.Big new
Sun, 28 Feb 2021 09:36:38 GMT
Samsung accounts for 43.1% share of global DRAM market last year, 16.2% of mobile devices market
Samsung Electronics estimated its share of last year’s DRAM semiconductor market at 43.1%, with a 16.2% share of the market in cell phones and other mobile devices.On Feb. 18, Samsung Electronics shar
Fri, 19 Feb 2021 17:22:46 GMT
Ericsson files complaint against Samsung over patent dispute
The Swedish company Ericsson has lodged a complaint with the US International Trade Commission (ITC) accusing Samsung Electronics of infringing patents related to its 4G and next-generation 5G wireles
Thu, 18 Feb 2021 17:33:46 GMT
SK Innovation faces tough choice after US trade ruling
SK Innovation is in a serious bind. After getting trounced by LG Chem in legal proceedings at the US International Trade Commission (ITC), SK may be forced to pay billions of dollars in damages.While
Mon, 15 Feb 2021 17:13:09 GMT
With drones, ships and satellites, S. Korean defense companies branch out into civilian industries
US defense manufacturer Raytheon is the company responsible for developing the microwave. During its research into military radar, it devised an ultra-short wave oven, which it initially called the “R
Thu, 11 Feb 2021 15:55:49 GMT
Hyundai investment beneficiary Aurora partners with Toyota on self-driving vehicles
Aurora, a US autonomous vehicle (AV) startup, is partnering with the Japanese company Toyota.With the two companies already cooperating with Uber, many are watching to see what kind of synergy they ge
Thu, 11 Feb 2021 15:24:36 GMT
Kia to have 11 EV models by 2026
Kia plans to have 11 electric vehicle (EV) models by 2026, pushing back its target date by a year from what was announced in the automaker’s original plan last year.On Feb. 9, Kia announced its “Plan
Wed, 10 Feb 2021 18:13:35 GMT
“Pause” or breakdown? Halt to Hyundai-Apple talks draws mixed assessments
The official suspension of autonomous vehicle (AV) talks between the Hyundai Motor Group and Apple is having major repercussions.In the space of one day, over 9 trillion won (US$8.06 billion) in Hyund
Tue, 09 Feb 2021 17:22:58 GMT
Apple’s anger with Hyundai Motor threatens to scuttle EV talks
Analysts are divided on the prospects of electric vehicle (EV) cooperation between the Hyundai Motor Group and Apple.While most are expecting a contract to be finalized shortly, more pessimistic predi
Mon, 08 Feb 2021 17:05:55 GMT
More than half of jobs at car factories to disappear by 2030
Last year, the world was abuzz with anticipation for the electric vehicle (EV) era. But while governments and businesses were sharing rosy projections for the future vehicle industry, one topic did no
Sun, 07 Feb 2021 11:22:28 GMT
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Editorial・opinion
[Column] A year and a half of Yoon’s foreign, security policies has added to Korea risk
[Column] Korea’s diaspora discrimination
[Column] Climate hypocrisy by rich nations
[Editorial] Korea’s Supreme Court once again rules Japanese firms must directly compensate forced labor victims
[Editorial] With right-hand man as interim PPP leader, Yoon to solidify grip on party
[Editorial] Pope’s OK’ing of blessings for same-sex couples should be wake-up call for Korea
[Column] China’s insistence on “bright prospects” is stifling its economy
[Column] Chun Doo-hwan and Roh Tae-woo, Yoon Suk-yeol and Han Dong-hoon
[Column] Yoon’s oblivious diplomacy ended in expo rout – will it also fail to respond to N. Korea’s nukes?
[Column] Yoon’s war on Korea’s free press earns him headlines in global news outlets
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Korea’s top constitutional expert predicts Yoon will be dismissed from office
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[Column] Giving Yoon the benefit of the doubt
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Korea’s steel industry could buckle under Trump’s tariff war
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Human rights watchdog draws criticism for recommending guarantees for Yoon’s right to defense
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‘Deeply mortified’: Moon apologizes to Koreans for enabling Yoon’s rise
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How China used Korean pop culture for ‘cultural security,’ both before and after banning it