recovery
Scope
Date
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Economy
Semiconductors likely to lead Korea’s export growth for 2nd month
South Korea’s semiconductor exports accelerated their recovery in the first 20 days of November, data showed on Tuesday, adding to hopes that ...
Nov 21, 2023 (Gmt+09:00)
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Economy
S.Korea turns more upbeat about economic recovery
South Korea is more hopeful about a gradual recovery in the economy, driven largely by revived global demand for its mainstay export semiconductors,...
Nov 17, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung to continue DRAM output cut until year-end; NAND recovery slow
Samsung Electronics Co., the world’s largest memory chipmaker, will continue its ongoing DRAM chip production cut at least until the end of th...
Nov 09, 2023 (Gmt+09:00)
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Korean chipmakers
DRAM contract prices rebound after 27 months on rising demand
DRAM contract prices rebounded for the first time in more than two years last month amid the recovery in the consumer electronics market.The price g...
Nov 01, 2023 (Gmt+09:00)
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Steel
South Korean steelmakers face longer winter
South Korean steelmakers, including the world’s sixth-largest steelmaker POSCO, are facing a longer-than-expected winter in steel demand as th...
Oct 29, 2023 (Gmt+09:00)
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Economy
S.Korea’s Q3 GDP up 0.6% on-quarter on recovery in exports
South Korea’s economy in the third quarter grew 0.6% from the previous quarter, extending a growth streak to three consecutive quarters on a r...
Oct 26, 2023 (Gmt+09:00)
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Batteries
Battery recycling firms aim for 90% lithium recovery rates
A growing number of South Korean companies – from battery materials makers to power facilities builders – are jumping into the waste bat...
Jul 31, 2023 (Gmt+09:00)
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Earnings
SK Hynix logs loss for 3rd straight quarter in Q2 but eyes recovery in H2
SK Hynix Inc. reported an operating loss in the second quarter of this year, extending its losing streak to three consecutive quarters and inflating...
Jul 26, 2023 (Gmt+09:00)
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Airlines
Occupancy rate of S.Korean LCCs for int’l flights hits 87%
The average occupancy rate (AOR) on international flights of South Korea’s low-cost carriers (LCCs) has exceeded 80%, fully recovering to its ...
Jul 20, 2023 (Gmt+09:00)
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ASK 2023
US office recovery will be slow in volatile market: Korean investors
Increased rates will impact global real estate deals and slash property values, according to major institutional investors in South Korea. The US of...
May 19, 2023 (Gmt+09:00)
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Korean chipmakers
SK Hynix seeks to raise $373 million as chip recovery looms large
SK Hynix Inc., the world’s second-largest memory chipmaker, is seeking to raise as much as 500 billion won ($373 million) in bank loans to sec...
May 17, 2023 (Gmt+09:00)
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The KED View
Korean won needs economic fundamentals recovery for rebound
The South Korean won is underperforming most other currencies as Asia’s fourth-largest economy is gradually losing steam for long-term growth....
May 16, 2023 (Gmt+09:00)
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Earnings
Lotte Chemical projects recovery in Q2 after 4th consecutive loss in Q1
Lotte Chemical Corp. suffered its fourth consecutive operating loss in the first quarter due to a prolonged petrochemical slowdown amid the global e...
May 11, 2023 (Gmt+09:00)
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Earnings
Slowing economy slams S.Korean retailers; outlook dim
South Korean major retailers are suffering from a slowdown in Asia’s fourth-largest economy, adding to concerns about weaker earnings in the c...
May 10, 2023 (Gmt+09:00)
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Airlines
S.Korea's leading low-cost carrier Jeju Air posts record-high Q1 results
South Korea's leading low-cost carrier (LCC) Jeju Air Co. posted record-high performance in the first quarter. Industry analysts say domestic LCCs w...
May 10, 2023 (Gmt+09:00)
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Earnings
Samsung bets on H2 recovery with heavy spending after record chip losses
Samsung Electronics Co. on Thursday reported its worst quarterly loss for its semiconductor business, but echoed the widely held industry view that ...
Apr 27, 2023 (Gmt+09:00)
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Earnings
SK Hynix expects second-half market recovery after record Q1 loss
SK Hynix Inc., the world’s second-largest memory chipmaker, said on Wednesday it expects the global semiconductor market to rebound in the sec...
Apr 26, 2023 (Gmt+09:00)
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Travel & Leisure
Asiana Airlines resumes Incheon-Changsha flights after 3 years
After a hiatus of over three years due to the impact of COVID-19, the flight route between Incheon, South Korea, and Changsha, Hunan, China, has res...
Apr 25, 2023 (Gmt+09:00)
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Korean chipmakers
DRAM prices rebound on Samsung output cut; earlier recovery eyed
Memory chip prices are staging a rebound for the first time in more than a year following Samsung Electronics Co.'s near-term production cut, b...
Apr 12, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Number of Netflix users in S. Korea drops 30% in a year
The number of Netflix users in South Korea has decreased by more than 30% in the past year since the recovery from COVID-19. According to Byun Jae-...
Apr 11, 2023 (Gmt+09:00)
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Earnings
Samsung’s chip output cut: Boon for industry, price rebound
Samsung Electronics Co., the world’s largest memory chipmaker, said on Friday it is curtailing chip production after its semiconductor busines...
Apr 07, 2023 (Gmt+09:00)
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Steel
Dongkuk Steel installs solar power generation facility at Pohang plant
Dongkuk Steel Mill Co., the world's leading manufacturer of color-coated steel, announced on Wednesday that it has installed a 10-megawatt solar pow...
Mar 30, 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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Airlines
Korean Air reports strongest performance ever in 2022
Korean Air Lines Co. had its strongest performance ever in 2022, as it successfully cashed in on a thriving cargo business and a full recovery in pa...
Feb 01, 2023 (Gmt+09:00)
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Earnings
Samsung vows no chip output cut, eyes second-half demand recovery
Samsung Electronics Co. said on Tuesday it has no plans to cut semiconductor production even if it incurs temporary losses as the world’s larg...
Jan 31, 2023 (Gmt+09:00)
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Earnings
POSCO turns to red in Q4 on typhoon, weak steel demand
POSCO Holdings Inc., the holding company of South Korea’s top steelmaker, turned to the red in the fourth quarter of 2022 hit by a typhoon and...
Jan 20, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung, SK Hynix to benefit from Intel’s Sapphire Rapids CPU
The much-awaited launch of Intel Corp.’s latest processors dubbed Sapphire Rapids is a boon for leading memory chipmakers such as Samsung Elec...
Jan 11, 2023 (Gmt+09:00)
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Carbon neutrality
Samsung Heavy receives approval from US on gas recovery system
Samsung Heavy Industries, a major shipbuilder in South Korea, said on Tuesday that its boil-off gas recovery system (BReS) for LNG-powered vessels h...
Dec 20, 2022 (Gmt+09:00)
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Airlines
Jeju Air rules Korea-Japan routes to beat legacy carriers
Jeju Air Co., South Korea’s largest budget airline, is dominating flights to Japan to beat full-service carriers (FSCs) in the country such as...
Dec 09, 2022 (Gmt+09:00)
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Korean stock market
S.Korea prepares to launch $7.6 bn stock market stabilization fund
South Korea last week completed the process needed to launch a stock market stabilization fund of 10.76 trillion won ($7.6 billion). The timing for ...
Nov 02, 2022 (Gmt+09:00)
Latest News
- 1 Korea’s top cinema chains seek merger to counter box office slump
- 2 S.Korea’s GEPS to commit $143 million to foreign mid-cap buyout funds
- 3 CJ CheilJedang to open $72 mn dumpling plant in Japan
- 4 LG Electronics breaks ground on $600 million home appliance plant in India
- 5 KakaoBank posts record Q1 profit, eyes Thai expansion after Indonesia