demand forecast

Dwindling demand for foreign beers and whiskeys in South Korea has led some local liquor importers to let go of some staff, spurring concerns about ...

GS Holdings Corp., the holding company of South Korea’s energy-to-retail conglomerate GS Group, on Wednesday provided a dismal business outloo...

South Korea’s major battery materials company EcoPro Co. saw last year’s operating profit halved from the previous year after a steeper-...

South Korean investors armed with ample liquidity have rushed to buy corporate debts to enjoy high yields before rates head south later this year, l...

Samsung Electronics Co., the world’s top memory chipmaker, on Wednesday offered an upbeat outlook for the semiconductor industry on recovering...

Soaring highballs propelled whisky consumption to record heights in South Korea last year, while pandemic-driven interest in wine waned significantl...

Hyosung Advanced Materials announced on Monday that its operating profit for last year on a consolidated basis was 172.4 billion won ($129 million),...

South Korea's Lotte Mart has introduced its first specialized grocery store overseas, announcing the opening of its revamped Gandaria store in Jakar...

The South Korean battery industry is bracing for a grim market this year as Tesla Inc. is seeking every possible means to reduce costs to combat&nbs...

LG Energy Solution Ltd. will break through the anticipated slowdown in global electric vehicle demand this year with enhanced technology leadership ...

SK Hynix Inc. turned a profit in the last quarter of 2023, reversing losses over the past four quarters as high-performance chips such as doubl...

Samsung Electronics Co., the world’s largest memory chipmaker, on Wednesday announced a new addition to its consumer solid-state drive (SSD) l...

Taihan Cable & Solution Co., a major South Korean cable manufacturer, on Tuesday said its 2023 operating profit hit the largest level in 15 year...

Talks to sell South Korea’s No. 1 ocean carrier HMM Co. to Harim Group, a leading poultry processor, have made little progress amid disputes o...

Hyundai Motor Securities downgraded its investment opinion on GS Engineering & Construction Corp. (GS E&C) from "Buy" to "Market Perform" on...

South Korean shipbuilders continued to win very large ammonia carrier (VLAC) orders, expanding their shares in the global eco-friendly vessel market...

Samsung Electro-Mechanics Co., the top electronic components maker in South Korea, aims for a turnaround this year with the launch of the first arti...

SK Hynix Inc., the world’s second-largest memory chipmaker, has raised $1.5 billion in foreign currency bonds, with the debt offering four tim...

South Korea's low-cost carriers (LCCs) are enjoying a surge in demand as the country emerges from the COVID-19 pandemic, while major carriers are st...

LG Electronics Inc. on Monday posted record-high 2023 revenue thanks to robust sales of home appliances and vehicle components, although its fourth-...

POSCO International Corp. will step up global expansion in 2024 with a focus on electric vehicle components, eco-friendly energy exploration and gra...

South Korea’s travel agencies enjoyed strong demand for overseas trips, adding to hopes that their earnings are likely to improve further this...

South Korea’s HD Korea Shipbuilding & Offshore Engineering (HD KSOE) announced on Thursday that it has lowered its order target for this y...

Like their global peers, Hyundai Motor Co. and affiliate Kia Corp. recently turned their sights back to hybrid vehicles as electric vehicle uptakes ...

POSCO Holdings Inc. will build a highly purified rare gas-producing joint venture in South Korea with Zhongtai Cryogenic Technology Corp. from China...

Kolon Industries Inc., a South Korean chemical and textile manufacturer, is downsizing its industrial film business amid weak demand and growing com...

South Korea’s public and private sectors will together invest more than 3 trillion won ($2.3 billion) by 2030 to nearly quadruple the domestic...

Hyundai Motor Co. will import Sonata taxis manufactured in China to South Korea in response to strong demand from local taxi drivers less than five ...

Hyundai Motor Co. and Kia Corp., South Korea’s two largest automakers, are set to export more than 2 million cars in 2023 for the first time i...

South Korea’s central bank chief on Thursday said interest rates will have to stay high for more than six months, leaving the door open for an...