overseas shipments
Scope
Date
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Economy
S.Korea’s 2024 exports get off to strong start on China, semiconductors
South Korea’s exports, the country’s main growth driver, got off to a robust start in January, buoyed by a rebound in semiconductor ship...
Feb 01, 2024 (Gmt+09:00)
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Earnings
Samyang’s power: Hot Chicken Flavor Ramen by daughter-in-law
Samyang Foods Co., a South Korean instant noodle maker, enjoyed record earnings last year thanks to increasing overseas sales of its global-hit Hot ...
Feb 01, 2024 (Gmt+09:00)
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Automobiles
Hyundai Mobis eyes strong overseas orders again in 2024
Hyundai Mobis Co., the world’s sixth-largest automotive parts maker, known as Mobis outside of its home South Korea, expects another strong ye...
Jan 29, 2024 (Gmt+09:00)
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Korean food
Nongshim sees record-high Shin Ramyun sales
South Korean food and beverage giant Nongshim Co. announced on Wednesday that its signature instant noodle brand Shin Ramyun saw a record high of ...
Jan 24, 2024 (Gmt+09:00)
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Food & Beverage
HiteJinro signs land agreement for Vietnam soju plant
HiteJinro Co., a South Korean alcoholic beverage company, has signed a land agreement for its planned soju plant in Vietnam. The agreement marks a m...
Jan 23, 2024 (Gmt+09:00)
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Korean startups
South Korean apps for foreigners' daily life, travel on the rise
The South Korean mobile app market is seeing fast growth of platforms targeting foreign users in the country alongside their increasing demand for a...
Jan 22, 2024 (Gmt+09:00)
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Regulations
Tech spies face tougher Korean penalties; 18 years in jail for overseas leaks
South Korea plans to dole out harsher punishments for industrial espionage, with a proposal to triple the penalty for an overseas leak of national t...
Jan 19, 2024 (Gmt+09:00)
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Korean chipmakers
Gaonchips opens corporation in Silicon Valley
South Korea’s Gaonchips Co. announced on Friday that it opened its new overseas corporation Gaonchips America Inc. in Silicon Valley, the US...
Jan 19, 2024 (Gmt+09:00)
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ESG bonds
Woori Bank issues $700 mn in ESG bonds
South Korea's Woori Bank announced on Thursday that it has issued $700 million (940 billion won) worth of foreign currency ESG (environmental, socia...
Jan 19, 2024 (Gmt+09:00)
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Economy
Semiconductors power Korea’s tech exports to 15-month high
South Korea’s tech products exports rose for a second straight month to a 15-month high in December 2023 as overseas sales of semiconductors e...
Jan 16, 2024 (Gmt+09:00)
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Korean food
Bibigo, K-food a success case in Harvard Business School study
Harvard Business School students are set to study the success of South Korean foods in the global market through the case of Bibigo, the leading bra...
Jan 15, 2024 (Gmt+09:00)
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Batteries
LG Elec opens its first overseas EV charger plant in Texas
South Korea’s LG Electronics Inc. has opened its first overseas EV charger factory in Fort Worth, Texas. The move comes as the global home app...
Jan 14, 2024 (Gmt+09:00)
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Artificial intelligence
SK Networks invests $19 mn in AI startup Upstage
South Korea's SK Networks Co. announced on Friday that it has invested 25 billion won ($19.02 million) in the domestic artificial intelligence (AI...
Jan 12, 2024 (Gmt+09:00)
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Korean food
Yonsei Cream Milk Bread to be launched in Taiwan
Yonsei Milk, a non-profit social contribution company of South Korea's Yonsei University, announced on Friday that it will export its mega-hit des...
Jan 12, 2024 (Gmt+09:00)
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Korean games
Krafton’s PUBG tops in global game market
“PlayerUnknown’s Battlegrounds” (PUBG), South Korea’s game developing and publishing giant Krafton Inc. ’s mega-hit ga...
Jan 10, 2024 (Gmt+09:00)
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Korean food
Korean chicken chains accelerate overseas expansion
South Korean chicken chains are accelerating their overseas expansion, driven by a saturated domestic market and the growing popularity of the Korea...
Jan 09, 2024 (Gmt+09:00)
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Construction & Planning
US tops Korea’s overseas construction orders in 2023
South Korea bagged more than $30 billion in overseas construction orders last year for the fourth consecutive year, mainly driven by a rise in order...
Jan 08, 2024 (Gmt+09:00)
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Travel & Leisure
Korean travel agencies enjoy surging overseas trip demand
South Korea’s travel agencies enjoyed strong demand for overseas trips, adding to hopes that their earnings are likely to improve further this...
Jan 05, 2024 (Gmt+09:00)
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Future mobility
Kakao Mobility posts sevenfold rise in overseas ride-hailing services
Kakao Mobility Corp., which runs South Korea’s most popular ride-hailing app, saw its services in overseas markets grow sevenfold in the first...
Dec 29, 2023 (Gmt+09:00)
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Banking & Finance
Shinhan Card Kazakhstan arm attracts $24 mn investment
Shinhan Finance, a subsidiary of South Korea's Shinhan Card in Kazakhstan, has attracted a 31 billion won ($24 million) investment from local car de...
Dec 28, 2023 (Gmt+09:00)
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Bio & Pharma
Celltrion applies for approval of Xolair biosimilar in Canada
South Korean biopharmaceutical company Celltrion Inc. announced on Wednesday that it has applied for CT-P39, a biosimilar of the treatment of asth...
Dec 27, 2023 (Gmt+09:00)
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Retail
Lotte extends Brisbane Airport duty-free shop operations until 2034
Lotte Duty Free, South Korea’s largest duty-free business operator, said on Sunday it has extended its operating rights for a duty-free shop a...
Dec 17, 2023 (Gmt+09:00)
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Economy
Korean overseas direct investment at 2 1/2-year low in Q3
South Korea’s direct investment in other countries fell for a fourth straight quarter to its smallest level in two and a half years, despite a...
Dec 15, 2023 (Gmt+09:00)
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Banking & Finance
Korea Housing Finance Corp. opens New York office
Korea Housing Finance Corporation announced on Wednesday that it has opened a New York office to serve as a hub for its overseas fund procurement ac...
Dec 15, 2023 (Gmt+09:00)
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Food & Beverage
Korea's agro-food exports reach $8.3 bn milestone in just 11months
South Korea's agricultural and food exports hit a record high in 2023, fueled by strong demand for instant noodles, strawberries, and other staples....
Dec 15, 2023 (Gmt+09:00)
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Retail
Home&Shopping opens exclusive section in Vietnam K-Market
South Korea's Home&Shopping announced on Friday that it opened its exclusive section in the K-Market in Vietnam. The company aims to support the...
Dec 08, 2023 (Gmt+09:00)
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Automobiles
Hyundai, Kia support Korean exports hit by weak chip sales
Two affiliates of Hyundai Motor Group, the world’s third-largest automaker by sales, ranked as the top South Korean exporters in the one-year ...
Dec 05, 2023 (Gmt+09:00)
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Korean food
Daesang launches K-style chicken dipping sauces
South Korea’s Daesang Corp. announced on Tuesday that its global food brand O’food launched two new chicken dipping sauces Swicy (sweet ...
Dec 05, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Korean shipbuilders seek overseas yards for surging orders
South Korean shipbuilders are seeking overseas production bases through mergers and acquisitions to meet soaring demand across the world as they hav...
Nov 26, 2023 (Gmt+09:00)
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Automobiles
Kakao Mobility looks abroad to expand taxi services
South Korea’s Kakao Mobility Corp. is expanding overseas services in the face of criticism over its business practices, including the alleged ...
Nov 24, 2023 (Gmt+09:00)
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