King Arthur Legend Rises
Scope
Date
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Korean chipmakers
AI-driven GPU, advanced chip shortage: Boon for Samsung, SK Hynix
The global chip industry, which has been reeling from elevated inventory levels due to weak demand, is seeing a silver lining: Inventories of advanc...
May 31, 2023 (Gmt+09:00)
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E-commerce
Mounting deficits, time bomb for Korean e-commerce biz
Major South Korean e-commerce companies’ deficits have mounted to a level near their combined funds raised from investors, stoking fears that ...
May 30, 2023 (Gmt+09:00)
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Central bank
BOK leaves door open for another quarter-point rate rise
The Bank of Korea’s (BOK) decision on Thursday to keep its base rate steady at 3.50% does not signal the end of its one-and-a-half-year tighte...
May 25, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung, SK Hynix face collateral damage from Micron chip ban
South Korea’s two major chipmakers — Samsung Electronics Co. and SK Hynix Inc. — are feeling the heat as they are dragged further ...
May 22, 2023 (Gmt+09:00)
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Airlines
Intense competition in S.Korea's LCC sector fuels zero-won tickets
South Korea's low-cost carriers (LCCs) since last month have waged an intense competition with the recovery of the overseas travel market. They boos...
May 09, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung foundry backlogs top $74.6 bn for logic chip biz goal
Samsung Electronics Co., the world’s No. 2 foundry player, has secured contract semiconductor manufacturing order backlogs of more than 100 tr...
Apr 30, 2023 (Gmt+09:00)
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Earnings
S.Korea’s Woori Financial profit up on interest rate margins
Woori Financial Group, South Korea’s fourth-largest financial holding company, logged growth in a quarterly net profit as larger interest rate...
Apr 25, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Ransomware attacks targeting S.Korean companies on sharp rise
Global hacker groups' ransomware attacks against domestic companies and organizations in the first quarter of this year have been revealed to total ...
Apr 21, 2023 (Gmt+09:00)
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Tech, Media & Telecom
S.Korean firms applies for record-high 76,592 patents abroad in 2022
The Korean Intellectual Property Office (KIPO) on Thursday said the number of patents filed overseas by domestic companies last year set a record-hi...
Apr 21, 2023 (Gmt+09:00)
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Korean stock market
S.Korea’s hottest stock EcoPro may miss invitation from MSCI Korea in May
Cosmo Advanced Materials & Technology Co. and Hanwha Aerospace Co. are expected to join the MSCI Korea Index next month but South Korea’s ...
Apr 19, 2023 (Gmt+09:00)
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Electric vehicles
Samsung competes with Apple on rising non-terrestrial network market
The global market for non-terrestrial networks (NTN), or communications systems that use satellites to text and make phone calls even in places wher...
Apr 18, 2023 (Gmt+09:00)
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The KED View
What’s the next K-sensation after rise of 60-year-old K-ramen?
It was not easy for latecomer Samyang Foods Co. to come up with a recipe for its own instant ramen noodle 60 years ago when Japanese rival Nissin ...
Apr 11, 2023 (Gmt+09:00)
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Automobiles
Hyundai Motor to emerge as Korea’s highest earner, beating Samsung
Hyundai Motor Co. will likely emerge as South Korea’s top profit maker in the first quarter, driven by robust sales of pricey cars, pushing pa...
Apr 03, 2023 (Gmt+09:00)
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Energy
Korea’s small nuclear reactor technology falls behind global peers
South Korea’s small-sized nuclear reactor technology has fallen behind other major countries due to the years of the previous government&rsquo...
Mar 31, 2023 (Gmt+09:00)
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Aerospace & Defense
S.Korea to benefit from rising global defense spending
South Korea is expected to log another year of record defense exports in 2023 thanks to growing military budgets across the world as local major arm...
Mar 24, 2023 (Gmt+09:00)
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Economy
S.Korea's household assets rise to record high in 2022
Average household net assets in South Korea in 2022 increased 10% to a record 456 million won ($350,000) from a year earlier, while it took longer...
Mar 24, 2023 (Gmt+09:00)
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Earnings
POSCO Int’l logs highest revenue for group affiliate in 2022
POSCO International Corp., the general trading and energy exploration unit of South Korea’s steel giant POSCO Holdings Inc., logged the highes...
Mar 13, 2023 (Gmt+09:00)
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Electronics
DB HiTek sees capacity utilization rate rise to 80%
South Korea's semiconductor foundry company DB HiTek Co. last month saw its capacity utilization rate rise to the mid-80% level thanks to rising dem...
Mar 10, 2023 (Gmt+09:00)
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Economy
S.Korean inflation rises at slowest rate in 10 months in February
South Korea’s headline inflation gain eased in February, rising at the slowest pace in 10 months on a drop in oil product prices but utility p...
Mar 06, 2023 (Gmt+09:00)
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Shareholder activism
JB Financial refuses activist fund's request to increase dividends
South Korea’s JB Financial Group Co. has refused a local activist fund’s request to raise dividend payouts, stressing such a measure wil...
Mar 03, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung’s DRAM market share rises amid industrywide revenue drop
Samsung Electronics Co., the world’s largest memory chipmaker, saw its DRAM market share rise in the fourth quarter of last year despite a sig...
Mar 03, 2023 (Gmt+09:00)
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Automobiles
Hyundai autoworker: Dream job for many South Koreans
In South Korea, blue-collar work has for decades been shunned by job seekers because of the hard manual labor as well as the widely held perception ...
Mar 02, 2023 (Gmt+09:00)
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Bio & Pharma
Novel medicines poised to be Korea’s next mainstay export
South Korea, a major global generic and biosimilar medicine producer with leading names such as Samsung Biologics Co. and Celltrion Inc., has rapidl...
Feb 27, 2023 (Gmt+09:00)
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Debt financing
Affinity refinances $130 mn debt as Burger King sale delayed
Affinity Equity Partners has refinanced 170 billion won ($130 million) in debt borrowed to acquire Burger King’s operations in South Korea and...
Feb 24, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung ‘demanding customer’ for ASML as orders rise
VELDHOVEN, Netherlands – South Korea’s Samsung Electronics Co. is a “demanding customer” for the Netherlands-based ASML Hold...
Feb 20, 2023 (Gmt+09:00)
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Foreign exchange
S.Korean won near 2-month low as US data fans Fed hike views
The South Korean won skidded to a near two-month low on Friday as hotter-than-forecast US inflation data added to expectations that the Federal Rese...
Feb 17, 2023 (Gmt+09:00)
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Economy
S.Korea's Engel coefficient rises sharply amid COVID-19 pandemic
South Korea’s low-income households are feeling the pinch of rising food prices amid the COVID-19 pandemic, according to a report by a local t...
Feb 17, 2023 (Gmt+09:00)
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Batteries
S.Korea's battery industry looks for staff fluent in European languages
South Korea's battery companies are seeking human resources fluent in the languages and familiar with the cultures of countries where plants are loc...
Feb 17, 2023 (Gmt+09:00)
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Corporate strategy
Samsung’s TV business launches customer marketing team
South Korea’s tech giant Samsung Electronics Co. is putting into action an age-old mantra that reflects the importance of customers in its bus...
Feb 16, 2023 (Gmt+09:00)
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The KED View
Vietnam’s rise: An ominous sign for Korean chipmakers
Just a few years back, it was Taiwan that was on everyone’s lips in the semiconductor industry.The small East Asian island country, home to th...
Feb 16, 2023 (Gmt+09:00)
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