Samsung sets 2029 start for first Yongin semiconductor plant
Samsung Electronics plans to start operations at its first chip plant in Yongin in 2029. The revised target brings the opening forward by one to...
Tag : South Korea
South Korea exports reach record US$102.25 billion in June
South Korea’s exports topped US$100 billion in a single month for the first time in June, setting a national record as semiconductor shipments nearly tripled....
South Korea tops Czechia 2-1 in FIFA World Cup Group A
South Korea opened its FIFA World Cup Group A campaign with a 2-1 comeback win over the Czech Republic at Guadalajara Stadium. Hwang In-beom scored the equalizer and set...
Korean cosmetics exports hit US$5.6 billion in five months
South Korea’s cosmetics exports reached US$5.6 billion in the first five months of 2026, government data showed, rising from US$4.6 billion a year earlier. The...
South Korea launches $665.5 million industrial growth fund
South Korea has launched a 1.115 trillion won, or about US$665.5 million, Industrial Growth Fund to expand financing for manufacturing innovation, artificial intelligence adoption and...
South Korea ICT exports hit $42.7 billion in April
South Korea’s information and communication technology exports rose 125.9% from a year earlier to $42.71 billion in April, extending a semiconductor-led surge and marking the...
South Korea retail sales climb 5.6% in March
SEOUL: Sales at South Korea’s major retailers rose 5.6% from a year earlier in March, extending gains in consumer spending as online platforms outpaced store-based...
Mercedes-Benz unveils electric C-Class in Seoul
SEOUL: Mercedes-Benz on Monday unveiled the all-new electric C-Class at a world premiere in Seoul, introducing the first battery-electric version of one of its best-known sedan nameplates...
RideFlux wins South Korea’s first paid freight permit
SEOUL: South Korea has approved its first paid self-driving freight transport service, authorizing autonomous driving startup RideFlux to begin commercial cargo operations on a long-distance route linking Seoul...
South Korea auto exports rise on March hybrid demand
SEJONG: South Korea’s automobile exports rose in March as strong global demand for hybrid vehicles lifted overseas shipments despite weaker sales in parts of Asia and the...