Economy13 US Car Sales, Double-Digit Growth in the First Half of the Year, Hyundai Motor Ranks 4th - South Korea News Summary: Car sales in the first half of the year estimated to have increased by 13% compared to the previous year. GM, Honda, Nissan, and others performed better than expected, with Hyundai Motor also experiencing sales growth. Stellantis and Toyota saw a 1% decline in sales for the first half of the year. Contrary to expectations that consumer hesitation in purchasing new cars due to rising int.. 2023. 7. 11. SK Hynix to Drive Sale of Icheon Processing Center - South Korea News "Monetizing Non-core Assets... Enhancing Financial Soundness" Icheon SK Hynix Headquarters. [Photo: Yonhap News] [Economist Reporter Lee Chang-hoon] SK Hynix announced on the 10th that it plans to sell the Icheon campus' processing center to SK REIT to secure funds for future investments and improve asset efficiency and financial soundness. SK Hynix explained, "As global semiconductor industry f.. 2023. 7. 11. "Samsung Electronics Expected to Turn Around in Q3 with Operating Profit in the 3 Trillion Won Range" - South Korea News Securities firms have forecasted a turnaround (performance improvement) for Samsung Electronics in the third quarter, stating that the company has achieved or met market expectations for the second quarter of this year. Samsung Electronics announced on the 7th that its provisional consolidated sales for the second quarter of this year amounted to 60 trillion won, a 6% decrease compared to the pr.. 2023. 7. 11. "Only a Matter of Time Until It Rebounds" - Individual Investors Embrace Samsung Electronics - South Korea News Individual investors, who had been selling off Samsung Electronics with over 2 trillion won until early this year, are now fearlessly buying back the stock. The securities industry is also expressing expectations for an improvement in Samsung Electronics' performance starting from the third quarter. According to the securities industry on the 10th, Samsung Electronics concluded trading at 69,500.. 2023. 7. 11. [Characteristic Stocks] Samsung Electronics, "70,000 Electronics" Again... SK Hynix Also Shows Strength - South Korea News On the 11th, Samsung Electronics (70,400 KRW ▲ 900 1.29%) and SK Hynix (111,400 KRW ▲ 1,100 1%) are both showing strength. This is interpreted as being influenced by factors such as improvements in the semiconductor market and expectations of easing tensions between the US and China. As of 9:23 AM today, Samsung Electronics is trading at 70,400 KRW, up 900 KRW (1.15%) from the previous trading d.. 2023. 7. 11. Hyundai Motor's Meta Plant Parts Supply Completes "Triangular Structure" - South Korea News HMGMA and Hyundai Logis at the Center Forming a basic structure connecting Hanon Systems, Seohan, and Sewon According to industry sources on the 3rd, companies that have entered into joint ventures to support Hyundai Motor Group's U.S. electric vehicle plant, HMGMA (Hyundai Motor Group Meta Plant America), have formed a triangular structure centered around HMGMA and Hyundai Logis. This strategic.. 2023. 7. 7. SK hynix NAND subsidiary Solidim has announced staff layoffs amid a difficult market situation. Due to continued losses in the semiconductor industry, the company has implemented workforce reduction measures. - South Korea News According to industry sources on the 7th, Solidim notified 98 employees at its headquarters in Rancho Cordova, California, of their termination. Some employees are expected to leave the company this month. Solidim plans to provide severance pay and support for reemployment. A Solidim representative stated, "Due to the long-term downturn in the semiconductor industry, we have executed workforce r.. 2023. 7. 7. LG Electronics Reports Record-High Performance in Q2, Exceeding Market Expectations - South Korea News LG Electronics announced its preliminary results for the second quarter, achieving the highest-ever revenue and the second-highest operating profit among all second quarters. Despite the global economic slowdown, the company's efforts to enhance its business portfolio and pursue qualitative growth have yielded visible results. According to the consolidated results, LG Electronics recorded revenu.. 2023. 7. 7. LG Energy Solution takes the top spot in the non-Chinese battery market, closely chasing CATL in second place. - South Korea News LG Energy Solution has narrowly maintained its position as the top player in the global electric vehicle (EV) battery market, excluding China, this year from January to May. However, China's CATL has been closely catching up with LG Energy Solution as battery usage has surged. According to market research firm SNE Research on the 7th, the battery usage in EVs sold worldwide, excluding China, dur.. 2023. 7. 7. Samsung Electronics' lowest performance in 14 years breaks the 70,000 won mark - South Korea News Samsung Electronics recorded its lowest level of performance in 14 years in the second quarter, causing its stock price to drop below 70,000 won. As of 10:46 a.m. on the 7th, Samsung Electronics is trading at 69,900 won, down 1,700 won (2.37%) from the previous trading day. This is the first time Samsung Electronics has fallen below the 70,000 won mark since May 26th. The stock price declined as.. 2023. 7. 7. Samsung Electronics reports lowest operating profit in 14 years - South Korea News Samsung Electronics reported its lowest operating profit in 14 years on July 7, 2023, due to weak smartphone sales and a downturn in the semiconductor market. The company said its consolidated revenue for the second quarter of 2023 was 60 trillion won, down 22.28% from the same quarter a year earlier. Its operating profit was 60 billion won, down 95.74% from the same quarter a year earlier. This.. 2023. 7. 7. Samsung Electronics' operating profit for the second quarter decreased by 95.74% compared to the same period last year, amounting to 600 billion Korean won. - South Korea News Samsung Electronics announced today (July 7th) that its estimated consolidated operating profit for the second quarter of this year was 600 billion Korean won, with sales totaling 60 trillion Korean won. Compared to the first quarter, sales decreased by 5.88% and operating profit decreased by 6.25%. Compared to the same period last year, sales decreased by 22.28% and operating profit decreased b.. 2023. 7. 7. "Jeju Island? I'd rather go to Japan"...Tourists Frustrated as 360,000 Visitors Turn Away - South Korea News The Jeju tourism industry is reportedly facing deep concerns as the demand for travel, which poured in during the COVID-19 pandemic, is gradually decreasing. According to the Jeju Tourism Association, as of the 28th of last month, the number of domestic tourists who visited Jeju this year was 6,363,736. Although it may seem like a large number, it is actually a decrease of 362,921 people (5.4%) .. 2023. 7. 6. 이전 1 다음
