upgradable home appliances
Scope
Date
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Economy
Korean economy nears pre-pandemic level, prompts GDP upgrades
South Korea’s faster-than-expected economic growth in the first quarter is prompting analysts to raise their growth outlook for this year, wit...
Apr 27, 2021 (Gmt+09:00)
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Revenue rankings
LG Electronics set to overtake Whirlpool as top home appliance maker
South Korea’s LG Electronics Inc. will likely post its best-ever sales revenue for its home appliance business this year, overtaking Whirlpool...
Apr 20, 2021 (Gmt+09:00)
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Electronics
Bespoke home goods' evolution from color to function
Refrigerators, washing machines and air conditioners became known as white goods because originally they mainly came in white. Eventually, they were...
Apr 12, 2021 (Gmt+09:00)
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Electronics
Cuckoo home appliances post record sales in US, Vietnam
South Korea’s leading kitchen appliances maker Cuckoo Holdings Co. has posted record growth in overseas sales, largely driven by successes i...
Apr 05, 2021 (Gmt+09:00)
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Automobiles
Hyundai Motor chair says to upgrade incentive, promotion systems
The Hyundai Motor Group will upgrade its performance-based incentive and promotion systems to the global levels to compensate its top performers and...
Mar 17, 2021 (Gmt+09:00)
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Monthly trade infographics
S.Korea's cleaning and disinfecting appliance exports soar amid COVID-19 pandemic
Increased time spent at home due to the prolonged COVID-19 pandemic has led to the rise in exports of cleaning and disinfecting appliances, including ...
Jan 08, 2021 (Gmt+09:00)
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Mergers & Acquisitions
Delivery Hero welcomes Baemin, seeks new home for Yogiyo
Germany-based online food delivery service Delivery Hero SE will sell off its prized South Korean business, Yogiyo, the country's second-largest...
Dec 28, 2020 (Gmt+09:00)
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Fiber & Textile
Hyosung to expand spandex capacity on home clothing demand
Hyosung TNC Corp, the world’s largest spandex manufacturer, will spend $36 million to nearly double its production capacity in Brazil to mee...
Dec 03, 2020 (Gmt+09:00)
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Korean startups
Home interior platform nears unicorn status via $70mn funding
South Korea-based startup Bucketplace, an operator of home interior app OHouse, has raised $77 million in Series C funding, moving a step closer to ...
Nov 23, 2020 (Gmt+09:00)
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Mergers & Acquisitions
GS Retail, Home Shopping merge to become retail giant
South Korean conglomerate GS Holdings has decided to merge two of its retail units — the country's No. 1 convenience store chain operator and a ...
Nov 11, 2020 (Gmt+09:00)
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LG Electronics
LG Electronics expects record Q3 results on brisk home appliance, TV sales
LG Electronics Inc. expects its operating profit to rise to a quarterly record in the July-September period thanks to solid growth in its television a...
Oct 08, 2020 (Gmt+09:00)
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Batteries
Dust over Tesla settles; Morgan Stanley upgrades LG Chem to ‘overweight’
South Korea’s LG Chem Ltd. is an attractive stock with 27% upside potential on removal of uncertainty over its battery business spin-off and Tes...
Sep 24, 2020 (Gmt+09:00)
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Chips
Samsung, SK Hynix brace for chip price falls on upgrades
Oversupply and higher inventories of memory chips have clouded the business outlook for chipmakers, including Samsung Electronics Co. Ltd. and SK Hyni...
Aug 22, 2020 (Gmt+09:00)
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Economy
OECD upgrades Korea’s growth outlook to -0.8%, mildest among member countries
South Korea's economy is likely to shrink less than expected this year, thanks to its successful response to the coronavirus pandemic, according to th...
Aug 12, 2020 (Gmt+09:00)
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Logistics
Tiger Alternative near closing $247 mn Home Depot logistics center deal: report
Tiger Alternative Investors Co. Ltd. is in the final stages of negotiations to acquire a new distribution center in Texas for $247 million, now leased...
Aug 11, 2020 (Gmt+09:00)
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Kiwoom Asset provides $45 mn senior loan on Britain’s care homes
Kiwoom Asset Management Co. Ltd. has offered a £35 million ($45 million) senior loan secured against a portfolio of 110 care homes of Britain’s larges...
Aug 09, 2018 (Gmt+09:00)
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LG Electronics collaborates with German Playmobil for figurines
LG Electronics Inc. unveiled its collaboration with the famous German toy brand Playmobil on Thursday, creating home appliance figurines. South Korean...
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