South Korea

ASIC chip market to outperform AI chip in South Korea

The ASIC chip CAGR market sales to post 44% over FY23-FY27 globally.

Wider electric car adoption seen driving auto sales in South Korea: Fitch

Fitch expects vehicle sales in the country to rise by an average of 2.5% each year through 2032.

US-China chip war to hit Korean tech giants but no lasting damage, says Fitch

Samsung and SK hynix may even benefit from higher chip prices as China bans Micron products.

Hyundai Mobis struggles with one-off costs in Q1 2023

Despite setbacks, analysts see these investments as key to Q2 rebound.

Samsung’s semiconductor business swings to loss in Q1

Samsung expects chip demand to rebound in the second half

Samsung's Q1 profit misses estimates; Analyst says production cut sign of market nearing bottom

Samsung estimated that its operating profit may have plunged by as much as 96 percent year on year in Q1.

Samsung Electronics’ smartphone shipments to rise 4% in 2023

This as the market launches new models in emerging markets.

LG Electronics’ earnings not looking good for 2022

But its operating profit will grow in 2023 fiscal year.