Insight | BusinessKorea

Tuesday, March 20, 2018


The South Korea’s shipbuilding industry, which has suffered from an order cliff since 2016, is clearly making a recovery thanks to new orders.
Sign of Recovery?
5 March 2018 - 10:30am
This year, the Korean shipbuilding industry is continuing to land orders. It is said that the shipbuilding industry which has suffered from an order cliff since 2016 is clearly making a recovery...
The Korean government shall consider putting a halt to the due diligence inspection into GM Korea and rejecting a request for financial support from GM if GM does not come up with a detailed and specific long-term investment plan.
Plan B Needed
15 February 2018 - 8:15pm
As the headquarters of GM will shut down GM Korea's Gunsan Plant in Korea, the Korean government has decided to conduct a due diligence inspection of GM Korea. But some experts are skeptical about...
GM Korea picked the "Gunsan Factory Closure" card on February 13 as a response to the Korean government’s demand for mid- to long-term management improvement measures for its financial support.
Response to Korean Gov’t Demand
14 February 2018 - 11:00am
GM Korea, which requested financial support from the Korean government, picked the "Gunsan Factory Closure" card on February 13. This move came only a day after the Ministry of Trade, Industry and...
Samsung Electronics’ sales volume of smartphones has shown a negative growth.
Concerns on Smartphone Business
1 February 2018 - 10:00am
Samsung Electronics announced on January 31 that its IT & Mobile (IM) Division’s sales and operating profit for last year totaled 106.67 trillion won (US$96.0 billion) and 11.83 trillion won (US$...
The number of shipbuilding workers exceeding 200,000 in 2015 was estimated to be 130,000 last year and will be less than 100,000 this year.
Base Undermined Rapidly
24 January 2018 - 11:00am
A harsh restructuring is causing the shipbuilding industry's skilled workers to leave the shipbuilding industry in drove. According to the Korea Offshore and Shipbuilding Association, the number of...
Controversy over net neutrality is being reignited among telecom industry and platform operators ahead of the commercialization of 5G mobile telecommunication.
5G and Net Neutrality
22 January 2018 - 9:30am
Controversy over net neutrality is being reignited ahead of the commercialization of 5G mobile telecommunication which is the next generation wireless and wireless communication network. There is a...
Upbit ranked first in the world in terms of 24-hour crpytocurrency trading volumes with 4.92 trillion won (US$4.62 billion),
Proving Overheated Speculation
17 January 2018 - 9:30am
South Korea’s largest cryptocurrency exchange Upbit disclosed its amount of daily transactions on January 16 for the first time. CoinMarketCap, arguably the most prominent global index of...
ESS holds the key to raising the efficiency of unstable renewable energy sources as the Korean government is strongly moving forward with energy conversion policies to expand the proportion of new and renewable energy.
Blue Ocean in Energy Sector
16 January 2018 - 10:00am
The ESS (Energy Storage System) business is emerging as a “blue ocean. in South Korea.” This is because as the Korean government is strongly moving forward with energy conversion policies to expand...
The more the government announced its regulations, the more investors have considered them favorable factors and expanded their investments in digital currencies.
Trials and Errors Continued
12 January 2018 - 9:45am
As the Ministry of Justice (MOJ) decided to make a special law to shut down cryptocurrency exchanges on January 11, there has also been criticism inside and outside of exchanges that its move is like...
The United States and China, which are the biggest semiconductor consumers, are mounting pressure on Korea's semiconductor companies for their protectionism.
Stiff Challenges to 'Semiconductor Korea'
8 January 2018 - 10:30am
South Korea's semiconductor companies with memory semiconductors achieved the highest performances in a super-cycle which began in earnest in 2017. However, corporate customers' complaints spiked due...
the US Department of Commerce made an annual preliminary judgment to raise an anti-dumping duty on Hyundai Steel’s WLPs to 19.42 percent from 6.23 percent imposed in 2015.
All Encompassing Pressures
5 January 2018 - 10:30am
The US is imposing high tariffs on Korean steelmakers from all directions. The US Congress laid the foundation in 2015 for such high tariffs by passing the Trade Preferences Extension Act (TPEA)...
The UAE’s unexpected largest ever investment in the South Korean stock market in Nov. is rumored to have a relation with presidential chief of staff Im’s visit to the UAE from December 9 to 12 and Defense Minister visit from November 1 to 3.
Unconvincing Investment
4 January 2018 - 10:30am
As the United Arab Emirates (UAE) unexpectedly made a largest ever investment in the South Korean stock market in November last year, much attention has been given to what is behind it. The Middle...


Subscribe to Insight

Copyright 2013 BusinessKorea Co., Ltd.
301 Samdo Building, 12-1
Yeoido-dong, Yeongdeungpo-gu
Seoul, Korea 150-010
Tel: +82-2-578-3220
Fax: +82-2-578-3224


Web design by: