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Monday, November 20, 2017

Industry

A steady sale of low-end phones including the Galaxy J series contributed to a good show of Samsung Electronics’ smartphone revenue.
30X Higher than A Year Ago
1 November 2017 - 11:30am
Samsung Electronics announced on October 31 that its IT & Mobile Communications (IM) division posted 27.69 trillion won (US$24.73 billion) in sales and 3.29 trillion won (US$2.94 billion) in...
POSCO posted 1. 127 trillion won (US$1.01 billion) of operating profit in the third quarter of this year, up 15 percent up from a year ago.
Good Performance
31 October 2017 - 5:30pm
POSCO announced that the company returned to the “one trillion won in operating profit” club. POSCO announced that the steelmaker posted 15.036 trillion won (US$13.5 billion) in sales, 1.125 trillion...
South Korea’s export amount based on FTAs for the first nine months of this year is equivalent to 72.6% of South Korea’s total export.
FTA-depended Exports
31 October 2017 - 12:15pm
South Korea’s exports to the 52 countries that have signed FTAs with it added up to US$312.344 billion for the first nine months of this year, according to the Korea International Trade Association....
A subcommittee under the electronics expert committee of the Ministry of Trade, Industry and Energy (MOTIE) held a third round of meeting related to LG Display’s investment in the Guangzhou plant on October 30.
Jumping First Hurdle
31 October 2017 - 12:00pm
According to industry sources, a subcommittee under the electronics expert committee of the Ministry of Trade, Industry and Energy (MOTIE) held a third round of meeting related to LG Display’s...
The dividend payouts by listed firms of South Korea's top 10 business groups came to 45.92 trillion won (US$40.82 billion) between 2012 and 2016.
Dividend Payments
31 October 2017 - 11:45am
The dividend payouts, including interim dividends and dividends after the closing date of fiscal year, by listed firms of South Korea's top 10 business groups in terms of assets came to 45.92...
KEPCO KPS and Westinghouse made an agreement to work with each other for technology transfer and training related to cutting and decontamination.
Decommissioning Technology
31 October 2017 - 11:30am
KEPCO KPS signs a memorandum of understanding (MOU) with Westinghouse Electric Company on November 7 for cooperation in the field of nuclear power plant decommissioning. The MOU is effective for...
Morgan Stanley is publishing negative outlook reports on Celltrion one after another while suggesting a target stock price half the current stock price.
Related to Short Selling?
30 October 2017 - 11:45am
Morgan Stanley is dragging down Celltrion whose stock price is flying high. This is because Morgan Stanley is publishing negative outlook reports one after another while suggesting a target stock...
South Korea’s medicine exports had grown by 55 percent in four years from 2.34 trillion won (US$2.07 billion) in 2012 to 3.62 trillion won (US$3.2 billion) last year.
Driven by Biosimilars
30 October 2017 - 11:45am
South Korea is situated on the periphery of the global pharmaceutical industry map. The global drug market reached US$1.1 trillion (1,244 trillion won) as of last year, the South Korean market stood...
The Korea’s 30 largest companies’ average ratio of internal reserves to net profits was 8,682% in the last fiscal year.
Amid Investment Drop
30 October 2017 - 11:30am
In recent years, the amount of internal reserves and land holdings of 30 largest conglomerates surged while their domestic investment shrank. Park Kwang-soon, a lawmaker of the Minjoo Party and a...
A street of Sydney, Australia.
Alternative Market
27 October 2017 - 7:00pm
Australia, which became the second-largest export market for Korean cars after the United States this year, has recently changed from an automobile manufacturing country to an automobile importing...
Kia Motors posted operating loss for the first time in 10 years in the third quarter of this year due to its reserves for normal wage payments.
Effect of Normal Wages
27 October 2017 - 6:45pm
Kia Motors posted operating loss for the first time in 10 years in the third quarter of this year due to its defeat in a normal wage lawsuit at the end of August. This is because the automaker...
The strong performance of Korea’s car exports was attributed to a 241.5% increase in European light vehicle.
Contributor to Exports
27 October 2017 - 11:45am
Exports of Korean passenger cars soared in the third quarter as demand for light-weight cars in Europe such as Spain and France increased and unit prices rose. They swelled for two consecutive...

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