#Samsung
Industry
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#Moon Jae-inMoon declares 'renaissance vision' for S. Korea's manufacturing industry
By Lee Chi-dong SEOUL, June 19 (Yonhap) -- South Korea's Moon Jae-in administration announced an ambitious strategy Wednesday to turn the country into one of the world's top-four manufacturing powe... 15:54 Jun. 19 -
#S Korea-manufacturingS. Korea to prop up manufacturing sector
By Kang Yoon-seung SEJONG, June 19 (Yonhap) -- South Korea plans to utilize high-end technologies, provide full support and seek structural changes to help the country's manufacturing sector get on... 15:30 Jun. 19 -
#innovationS. Korea retains top spot on EU innovation list
SEJONG, June 19 (Yonhap) -- South Korea retained the top spot in a European innovation list for the seventh consecutive year, the finance ministry said Wednesday. South Korea scored 137 points i... 11:40 Jun. 19 -
#GS Engineering
GS E&C to build solar power plants in Ukraine
SEOUL, June 19 (Yonhap) -- GS Engineering & Construction Co., a major builder in South Korea, said Wednesday it has secured a US$24 million project to build two solar power plants in Ukraine. G... 10:25 Jun. 19 -
#Samsung Eletronics(News Focus) S. Korean chipmakers to face prolonged downturn amid trade war
By Kim Eun-jung SEOUL, June 19 (Yonhap) -- South Korean chipmakers may wish they were undergoing the bottom of the memory chip down cycle in the second quarter before entering a recovery mode later... 09:44 Jun. 19 -
#steelmakersHigh costs, oversupply to hurt steelmakers' Q2 performance: analysts
By Joo Kyung-don SEOUL, June 19 (Yonhap) -- South Korean steelmakers are likely to continue to suffer weak business results in the second quarter of the year due to high iron ore prices and a suppl... 09:19 Jun. 19 -
#tourism
Average spending by foreign tourists to S. Korea tumbles in Q1
SEOUL, June 18 (Yonhap) -- Average spending by foreign tourists visiting South Korea has decreased to a level last seen 10 years ago, data showed Tuesday. According to the data from the Ministry... 12:44 Jun. 18 -
#infrastructureSeoul to spend big on renovating public infrastructure
SEOUL, June 18 (Yonhap) -- South Korea plans to spend 32 trillion won (US$27 billion) over the next four years to renovate old public infrastructure and carry out extensive safety inspections on th... 12:00 Jun. 18 -
#constructionSK E&C wins US$14 million FEED contract for chemical plant in Belgium
SEOUL, June 18 (Yonhap) -- SK Engineering & Construction Co., a major builder in South Korea, said Tuesday it has secured a US$14.2 million contract to complete a front-end engineering design (FEED... 10:55 Jun. 18 -
#LS CableLS Cable wins US$94 million power grid project in Kuwait
SEOUL, June 18 (Yonhap) -- LS Cable & System Ltd., South Korea's leading wire and cable manufacturer, said Tuesday it has secured a 113 billion-won (US$94.7 million) power grid project in Kuwait. ... 08:47 Jun. 18 -
#refinerRefiners' Q2 earnings to weaken on low refining margins: analysts
By Joo Kyung-don SEOUL, June 17 (Yonhap) -- South Korea's major refiners are likely to see weak earnings for the second quarter as they struggle to improve their margins, industry analysts here sai... 14:39 Jun. 17 -
#cryptocurrency exchanges
Cryptocurrency exchanges change their terms of service: FTC
SEJONG, June 17 (Yonhap) -- Five cryptocurrency exchanges have changed their terms of service in a way that they can be liable for problems caused by potential cyberattacks or system malfunctions, ... 13:50 Jun. 17 -
#Taekwang GroupTaekwang affiliates fined 2 bln won over unfair biz practices
SEJONG, June 17 (Yonhap) -- South Korea's antitrust regulator said Monday that it has fined 19 affiliates of Taekwang Group a combined 2.18 billion won (US$1.8 million) for awarding lucrative deals... 12:00 Jun. 17 -
#DRAM
DRAM prices keep falling amid U.S. ban on Huawei: report
By Kim Eun-jung SEOUL, June 17 (Yonhap) -- Prices of DRAM kept falling this month in the wake of the U.S. ban on Huawei's shipments of smartphones and server products amid a high level of stockpile... 10:29 Jun. 17 -
#autonomous vehicle(News Focus) Korean chipmakers gearing up for fledging autonomous vehicle market
By Kim Eun-jung SEOUL, June 17 (Yonhap) -- For a car to truly drive itself without user control, it needs to be continuously aware of surroundings and make split-second decisions in any situation v... 09:00 Jun. 17 -
#Hyundai Merchant Marine
S. Korean firm says it received report on handover of oil tanker's crew after incident
SEOUL, June 15 (Yonhap) -- South Korean shipping firm Hyundai Merchant Marine Co. said Saturday it did not know that a cargo ship it chartered rescued crew members of a Norwegian tanker that was on... 16:26 Jun. 15 -
#SwedenS. Korea, Sweden sign MOUs on trade, economic cooperation
SEOUL, June 15 (Yonhap) -- South Korea and Sweden have signed six memorandums of understandings (MOUs) to expand trade and cooperation in emerging industries, the government said Saturday. The M... 15:23 Jun. 15 -
#refinersS. Korean refiners closely monitoring tanker attacks in Gulf of Oman
SEOUL, June 14 (Yonhap) -- South Korean oil refiners said Friday they're closely monitoring the potential fallout from the recent tanker attacks in the Gulf of Oman, a key waterway for oil transport... 17:10 Jun. 14 -
#SamsungSamsung's foundry biz sales expected to keep sliding in Q2: report
By Kim Eun-jung SEOUL, June 14 (Yonhap) -- Samsung Electronics Co.'s contract chip making business was expected to grapple with falling revenue in the second quarter due to weak demand and high inv... 15:52 Jun. 14
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(2nd LD) Fitch cuts growth outlook for S. Korea to 2 percent
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(LEAD) Korean Air agrees to buy 30 B787 passenger jets
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BOK board members concerned over slowing economic growth: minutes
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4 Samsung to release 5G Galaxy Note 10 in S. Korea in Aug.
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SK E&C wins US$14 million FEED contract for chemical plant in Belgium
News Focus
Economy
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Retail giants evolving after learning hard lessons from e-commerce rivals
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Economic uncertainty prompts rush to safe assets
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Korean chipmakers gearing up for fledging autonomous vehicle market
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Samsung struggles to craft global strategy amid U.S.-China trade war, biz slump
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Rising digital game exporter, S. Korea at odds with WHO's adoption of gaming disorder
