South korea
South Korea’s Semiconductor Exports Surge in September, But Year-on-Year Decline Persists
October 08, 2023 – According to reports from foreign sources, South Korea’s semiconductor exports continued to rise month-on-month in September, following a 15% increase in August. However, the downward trend in year-on-year comparisons has yet to be reversed. Citing data from the South Korean Ministry of Trade, Industry, and Energy, foreign media reported that South…
Non-Storage Semiconductor Market: South Korea Claims Mere 3.3% Share
September 3, 2023 – Amidst the dynamic landscape of global non-memory semiconductor markets, a recent report from the Korea Institute for Industrial Economics & Trade reveals a contrasting picture of market shares. Last year, South Korea held a modest 3.3% market share in the non-memory semiconductor domain, marking a fraction of both Japan’s market presence…
South Korea Launches 3 Trillion Korean Won Fund to Boost Semiconductor Industry
June 26, 2023 – In a move aimed at bolstering the semiconductor industry, South Korea has announced the establishment of a new fund worth 300 billion Korean won. The country, known for its strong emphasis on chip development, intends to leverage this fund to drive the growth of related enterprises. The decision to set up…
South Korea’s Electric Vehicle Charging Stations Exceed 240,000 Mark
June 19, 2023 – As the demand for electric vehicles continues to soar, the need for charging infrastructure has also seen a substantial increase. Automobile manufacturers and charging service providers are tirelessly constructing charging stations and deploying more charging points. In countries that are strongly promoting electric vehicle adoption, the number of charging stations is…
Collaborative Breakthrough: Hyundai Joins Forces with Samsung, SK, and LG in Automotive Alliance
June 13, 2023 – In a remarkable move, Hyundai has announced a groundbreaking alliance with Samsung, SK, and LG, aiming to revolutionize the electric vehicle industry by leveraging their combined strengths and resources. According to reports, Samsung will primarily contribute its cutting-edge semiconductor solutions for autonomous driving systems. SK, on the other hand, will focus…
Transforming the Landscape: South Korea’s Bold Plans to Lead the Panel Market
May 18, 2023 – In a recent development, South Korean panel manufacturers, driven by Samsung Display and LG Display, are gearing up to regain their dominance in the global panel market by making substantial investments in the next five years. According to reports from international sources, the South Korean Ministry of Trade, Industry, and Energy…