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BUSINESS1d agoSouth Korea industrial output rises 3% in September on chip boomSouth Korea's industrial output rose 3 percent in September, fueled by a 19.2 percent jump in semiconductor production. Retail sales and facility investment also increased.koreajoongangdaily_joins · south korea
BUSINESS2d agoTesla wins court battle over delayed FSD features in South KoreaTesla has won a court battle in South Korea concerning the delayed delivery of its Full Self-Driving (FSD) features. This outcome affects the company's product rollout and legal standing in the region.Seeking Alpha Tech
BUSINESS3d agoSouth Korea fines Google and Apple over unfair app market practicesSouth Korea on Wednesday fined Alphabet’s Google and Apple a combined 63.7 billion won ($47.6 million), saying they abused their dominance in app store markets by forcing local…Japan Today
BUSINESS3d agoSouth Korea fines Google and Apple over unfair app market practices - AP NewsSouth Korea fines Google and Apple over unfair app market practices AP NewsAP News
BUSINESS4d agoAI chip boom tripled South Korea's economic growth in the third quarterSouth Korea's economy grew faster than expected in the third quarter. However, analysts warned that its heavy reliance on the chip industry leaves the country vulnerable to a slowdown in global AI spending.EuroNews [en]
BUSINESS4d agoSouth Korea’s GDP growth beats forecasts amid AI boomAsia's fourth-largest economy grows 3.4 percent year-on-year amid strong semiconductor demand.Al Jazeera [en]
BUSINESS4d agoSouth Korea's chip boom fuels forecast-beating third-quarter growthSouth Korea's economy grew more than three times faster than expected in the third quarter, driven by booming semiconductor demand, central bank data showed Tuesday. Gross domestic product…Japan Today
BUSINESS5d agoAI chip surge lifts South Korea to record surplus, behind only ChinaSouth Korea earned US$116.63 billion more from the world than it spent in the second quarter of this year – exceeding the combined current account surpluses of Germany and Japan for the first time on record. The current account measures a country’s trade and income with the world. It counts goods and services sold abroad, money earned on overseas investments and payments flowing the other way. A surplus means more foreign currency is coming in than going out. Surging demand for semiconductors...South China Morning Post
BUSINESS5d agoSouth Korea urged to guard chip profitability as China’s CXMT and YMTC gain market shareChina’s expanding semiconductor industry is fuelling mounting anxiety in South Korea, where a new consultancy report has warned local chipmakers to defend profitability as Chinese rivals scale up production and strengthen market share. Samil PwC, the South Korean member firm of the global consultancy, said in a report made public on Monday that Chinese competition would likely heat up first in the areas of conventional memory, mature-node manufacturing, and packaging and testing. To stay ahead,...South China Morning Post