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economy

South Korea CPI - Inflation Slows to 2.4% in October as Fresh Food Prices Ease

South Korea CPI - Inflation Slows to 2.4% in October as Fresh Food Prices Ease

South Korea’s consumer inflation eased to 2.4% in October, marking a second straight month of sub-3% price growth as food costs declined while energy and service prices stabilized.

HD Korea Shipbuilding & Offshore Engineering Surpasses ₩1 Trillion in Quarterly Profit as Shipbuilding Boom Continues

HD Korea Shipbuilding & Offshore Engineering Surpasses ₩1 Trillion in Quarterly Profit as Shipbuilding Boom Continues

HD Korea Shipbuilding & Offshore Engineering posted its highest-ever quarterly operating profit in the third quarter, driven by surging shipbuilding productivity and higher vessel prices.

KOSPI Breaks 4,000 for the First Time; Tech and Defense Lead Rally as Market Eyes Mid-Term Revaluation

KOSPI Breaks 4,000 for the First Time; Tech and Defense Lead Rally as Market Eyes Mid-Term Revaluation

The KOSPI index surpassed 4,000 points for the first time in history, driven by strong gains in semiconductor and defense stocks. Foreign and retail investors supported the rally amid easing macro risks and improved global sentiment.

EnergyConverter, biopesticide for golf courses, ‘grass rich-잔디부자’ newly launched

Biopesticides for golf courses replacing chemical pesticides On February 13, 2023, EnergyConverter, which manufactures and sells biopesticides, announced that it had launched a new biopesticide for golf courses, '잔디부자', which replaces chemical pesticides. EnergyConverter is a company located in Cheongju, Chungcheongbuk-do. The ‘잔디부자’ product developed this time is

Samsung Semiconductor's distribution partner, 26 years of future semiconductor KOSDAQ challenge.

Samsung Semiconductor's distribution partner, 26 years of future semiconductor KOSDAQ challenge.

MIRAI SEMICONDUCTORS, Samsung Electronics' core semiconductor distributor A held an IPO press conference at 63 Building in Seoul on the 9th. 이정 MIRAI SEMICONDUCTORS The CEO said that the sales of system semiconductors will reach 70 percent this year. Founded in 1996, Mirae Semiconductor has grown into a distributor

Hyundai Mobis, Swiss firm to promote in-vehicle infotainment system

Hyundai Mobis, Swiss firm to promote in-vehicle infotainment system

Hyundai Mobis Co., South Korea's leading auto parts maker, said Monday it will promote an advanced in-vehicle infotainment (IVI) system jointly developed with a Swiss company for next-generation vehicles. Hyundai Mobis and Luxoft are "at the final stage" of developing the IVI platform for future vehicles

Due to the U.S. semiconductor law, exports to China will be controlled. Samsung and Hynix are also affected

Due to the U.S. semiconductor law, exports to China will be controlled. Samsung and Hynix are also affected

The U.S. government is expected to announce new regulations to control exports of high-tech technologies targeting China's semiconductor industry as early as the 7th (local time). It is also expected that it will inevitably affect domestic companies such as Samsung Electronics and SK Hynix, which are investing