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Korea poised to overtake Taiwan as world’s No. 2 chip producer by 2032
The US-based Semiconductor Industry Association (SIA) has concluded that South Korean companies will account for nearly 20% of global semiconductor pr...
With Naver’s inside director at Line gone, buyout negotiations appear to be well underway
The “divestiture negotiations” between Naver and the Japanese company SoftBank appear to be further along than outside observers anticipated. Th...
Japan says it’s not pressuring Naver to sell Line, but Korean insiders say otherwise
In response to a data leak that exposed Japanese users of the messenger app Line, the Japanese government has been effectively pressuring Korea’s Nave...
OECD upgrades Korea’s growth forecast from 2.2% to 2.6%
The Organisation for Economic Co-operation and Development (OECD) has revised its forecast for South Korea’s economic growth in 2024 to 2.6%, an incre...
Korean firms cut costs, work overtime amid global economic uncertainties
An increasing number of Korean companies have been taking proactive measures to increase working hours, cut costs and restructure. There’s a growing s...
Two factors that’ll decide if Korea’s economy keeps on its upward trend
The announcement that South Korea’s GDP grew by 1.3% in the first quarter has sparked debate concerning whether this expectation-exceeding trend towar...
Korea’s 1.3% growth in Q1 signals ‘textbook’ return to growth, says government
Preliminary data released by the Bank of Korea on Thursday indicates that the country’s real economic growth in the first quarter was 1.3%, which was ...
New AI-based translation tools make their way into everyday life in Korea
Lotte Department Store and Lotte World, common attractions for foreign tourists visiting Korea, have begun implementing AI interpretation services.On ...
Value of Korean won down 7.3% in 2024, a steeper plunge than during 2008 crisis
The exchange rate between the Korean won and the US dollar has risen 7.3% this year alone, exceeding the rate of increase seen during the 2007-2008 fi...
All eyes on Xiaomi after it pulls off EV that Apple couldn’t
Xiaomi revealed its first electric car, the SU7, on March 28. At the car’s launch ceremony, Xiaomi CEO Lei Jun boasted that the vehicle’s performance ...
US overtakes China as Korea’s top export market, prompting trade sanction jitters
The US has surpassed China as South Korea’s largest export market. Amid this shift, some have speculated that South Korea will someday become a target...
Korea, Japan jointly vow response to FX volatility as currencies tumble
The finance ministers of Korea and Japan said the two countries may take appropriate action to respond to intense volatility in the forex market.Korea...
Samsung may have won billions in US chip subsidies, but the real challenge lies ahead
Markets are responding tepidly to Samsung Electronics’ success in nabbing subsidies worth US$6.4 billion from the US.Some are voicing worries over whe...
Strong dollar isn’t all that’s pushing won exchange rate into to 1,400 range
South Korea’s financial market is roiling from the effects of the crisis in the Middle East and the strong US dollar.With the won-to-dollar exchange r...
How Samsung’s promises of cutting-edge tech won US semiconductor grants on par with TSMC
A veritable gift basket offered by Samsung Electronics to the US is seen as one of the factors behind the company’s ability to score large-scale subsi...
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Editorial・opinion
[Correspondent’s column] The real reason the US is worried about Chinese ‘overcapacity’
[Editorial] Yoon’s gesture at communication only highlights his reluctance to change
[Editorial] Perilous stakes of Trump’s rhetoric around US troop pullout from Korea
[Guest essay] Preventing Korean Peninsula from becoming front line of new cold war
[Column] The state is back — but is it in business?
[Column] Life on our Trisolaris
[Editorial] Penalties for airing allegations against Korea’s first lady endanger free press
[Editorial] Yoon must halt procurement of SM-3 interceptor missiles
[Guest essay] Maybe Korea’s rapid population decline is an opportunity, not a crisis
[Column] Can Yoon steer diplomacy with Russia, China back on track?
Most viewed articles
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[Correspondent’s column] The real reason the US is worried about Chinese ‘overcapacity’
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[Book review] Who said Asians can’t make some good trouble?
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[Editorial] Yoon’s gesture at communication only highlights his reluctance to change
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Yoon rejects calls for special counsel probes into Marine’s death, first lady in long-awaited presse
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Korea likely to shave off 1 trillion won from Indonesia’s KF-21 contribution price tag
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Korea poised to overtake Taiwan as world’s No. 2 chip producer by 2032
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‘Free Palestine!’: Anti-war protest wave comes to Korean campuses
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S. Korea “monitoring developments” after report of secret Chinese police station in Seoul
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Young Koreans vent rage over working hours already all too grueling
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[Photo] ‘End the genocide in Gaza’: Students in Korea join global anti-war protest wave
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