[Graphic News] S. Korea’s EV sales nearly double this year, 7th-largest worldwide

　Sales of electric vehicles in South Korea almost doubled in the first three quarters of this year from a year earlier, ranking seventh in the world, data showed. 　A total of 71,006 EVs were sold in Asia’s fourth-largest economy in the January-September period, up 96 percent from a year earlier, according to the data from the Korea Automotive Technology Institute. 　The figure was the seventh-largest in the world. China sold the largest number of EVs with 1.76 million units in the nine-m

Dec. 1, 2021

[Graphic News] Posco named world’s most competitive steelmaker for 12th year

　South Korea’s top steelmaker Posco said it was named the world’s most competitive steelmaker in a global industry report for the 12th consecutive year. 　In an annual assessment of 35 steelmakers worldwide, global steel information service provider World Steel Dynamics gave Posco the top mark of 8.54 points out of 10, according to the South Korean company. 　The WSD report, which ranks the steelmakers based on 23 categories, gave top scores for Posco in eight segments, including te

Nov. 24, 2021

[Photo News] SpaceX preparing for Halloween launch of Crew-3

NASA’s SpaceX Crew-3 mission is set to lift off this weekend, carrying an international crew of four astronauts to the International Space Station. According to NASA, it will send SpaceX’s Crew Dragon spacecraft Endurance to space from the Kennedy Space Center in Florida on Sunday. The mission will be the third operational NASA commercial crew flight of a Crew Dragon spacecraft. The team members consists of three astronauts from the US and one astronaut from Germany. The commander

Oct. 30, 2021

[Graphic News] Samsung ranks No. 1 on Forbes World’s Best Employers list

　Samsung Electronics topped the World’s Best Employers list for the second straight year, according to US business magazine Forbes. 　American tech giant IBM ranked second, followed by Microsoft, Amazon and Apple. 　South Korean cosmetics giant Amorepacific and LG came in 31st and 43rd, respectively. 　Forbes announced the rankings after surveying 150,000 full-time and part-time workers from 58 countries working for multinational companies and institutions.

Oct. 28, 2021

[Graphic News] S. Korea accounts for one-third of global EV battery market in Jan.-Aug. period

Three South Korean electric vehicle battery makers accounted for about a third of the global market in the first eight months of the year, but they are facing toughening competition with Chinese rivals, a market research firm said. The trio - LG Energy Solution, Samsung SDI and SK Innovation - accounted for 34.8 percent of the global EV battery market in the January-August period, inching down from 35 percent a year ago, according to the data from SNE Research. LG Energy Solution, which supp

Oct. 21, 2021

[Interactive] Hyundai ranks 6th place in global EV market in H1: data

South Korean automaker Hyundai Motor’s electric vehicle sales increased in the first half of the year compared with a year ago, but its global market share fell in the face of toughening competitions with Chinese rivals, industry data showed. Hyundai Motor was in sixth place in terms of global EV sales in the January-June period, one notch down from the fifth position a year ago, according to the data by industry tracker SNE Research. The automaker’s global EV sales jumped 75.6 pe

Oct. 18, 2021

[Graphic News] Seoul ranks No. 16 in 2021 global startup ecosystem report

Seoul has the 16th-best startup ecosystem among cities around the world, an annual report by a San Francisco-based research firm showed. According to Startup Genome’s Global Startup Ecosystem Report 2021, South Korea’s capital ranked No. 16 on the list of 280 cities across 100 countries in terms of the competitiveness of its startup ecosystem, up four spots from last year. Seoul first appeared on the list in 2017 and entered the top 20 last year. San Francisco’s Silicon Val

Oct. 18, 2021

[Graphic News] S. Korea spends second-most on chip equipment in Q2: report

　South Korea was the world‘s second-largest spender on chip equipment in the second quarter of the year, a report showed, amid a global semiconductor shortage. 　South Korea, home to major memory chip producers Samsung Electronics and SK hynix, invested $6.62 billion in chipmaking equipment in the April-June period, up 48 percent from a year ago, according to quarterly billings data from SEMI, a global industry association representing companies in the electronics design and manufactu

Oct. 6, 2021

SoftBank sells $1.69 billion of Coupang as Son unloads assets

SoftBank Group Corp. sold about $1.69 billion worth of its stake in Coupang Inc., the South Korean e-commerce giant whose stock surged and then tumbled after its initial public offering in March. SoftBank sold 57 million shares at $29.685 on Sept. 14, the company said in a statement to the U.S. Securities and Exchange Commission. The Japanese company is still Coupang’s largest shareholder. Masayoshi Son has stepped up sales of stakes in his portfolio of public companies in recent months

Sept. 17, 2021

World Bank cancels business report after investigation

  The World Bank is canceling a prominent report on business conditions around the world after investigators found staff members were pressured by the bank's leaders to alter data about China and some other governments. The bank said Thursday it would discontinue ``Doing Business'' following an investigation prompted by internal reports of ``data irregularities'' in its 2018 and 2020 editions and possible ``ethical matters'' involving bank staff. Staff members changed data on China to im

Sept. 17, 2021

[Graphic News] Hyundai ranks 6th place in global EV market in H1: data

　South Korean automaker Hyundai Motor’s electric vehicle sales increased in the first half of the year compared with a year ago, but its global market share fell in the face of toughening competitions with Chinese rivals, industry data showed.  　Hyundai Motor was in sixth place in terms of global EV sales in the January-June period, one notch down from the fifth position a year ago, according to the data by industry tracker SNE Research. 　The automaker’s global EV sales

Sept. 1, 2021

[Graphic News] Samsung ranks No. 5 in Q2 Chromebook market: report

　Samsung Electronics was the world’s fifth-largest vendor of Chromebooks in the second quarter of the year, a report showed, as the South Korean tech giant aims to expand its presence in the portable PC market amid the pandemic. 　Samsung had a market share of 7 percent in the April-June period after shipping 900,000 Chromebooks - that is, laptops or tablets running on Google’s Chrome operating system - according to a report from market researcher International Data Corp. 　Sam

Aug. 25, 2021

[Graphic News] Xiaomi grabs No. 2 spot in surging smartphone market: survey

　Chinese electronics firm Xiaomi has overtaken Apple as the No. 2 global smartphone maker in a sizzling market with consumers emerging from lockdowns, a new survey showed. 　A Canalys survey of second-quarter sales showed worldwide smartphone sales up 12 percent, with South Korea's Samsung holding its top position with a 19 percent market share. 　Xiaomi, meanwhile, surged to the No. 2 position for the first time with a 17 percent share as sales jumped 83 percent, according to Canalys. 　Ap

Aug. 4, 2021

[Graphic News] S. Korea accounts for one-third of global EV battery market in Jan.-May

　Three South Korean electric vehicle battery makers accounted for a third of the global market in the first five months of the year, but their share has slightly slipped since last year in the face of toughening competition with Chinese rivals, a market research firm said. 　The trio - LG Energy Solution, Samsung SDI and SK Innovation - supplied a combined 88.4 gigawatt-hour equivalents of EV batteries in the January-May period, up from 33.6 GWh a year earlier, according to the data by SNE

July 22, 2021

[Graphic News] S. Korea ranks 2nd in monthly capacity of 200mm wafers in 2020: report

　South Korea had the second-largest monthly capacity of 200-millimeter-equivalent wafers last year behind Taiwan, a report showed. 　The country, home to major chipmakers like Samsung Electronics and SK hynix, had a capacity of 4.25 million wafers per month, accounting for 20.4 percent of global wafer capacity as of December 2020, according to market researcher IC Insights. 　Taiwan was the capacity leader at 200 mm or 8-inch wafers, taking 21.4 percent of the global capacity. The country,

July 21, 2021

[Graphic News] Turkmenistan capital tops Hong Kong as world's costliest: survey

　Turkmenistan’s capital Ashgabat has overtaken Hong Kong as the world‘s most expensive city for foreign workers, a survey showed. 　Turkmenistan is almost wholly dependent on natural gas exports and has struggled to recover from the global energy price slump in 2014 that battered the local manat currency and plunged many citizens into poverty. 　Despite the long-running economic crisis, authorities broke ground on a major expansion of Ashgabat in May, with autocrat leader Gurbangul

July 19, 2021

[Graphic News] Amazon, Apple most valuable brands

　Amazon and Apple are the world’s most valuable brands but Chinese brands are rising up the leaders list and are more valuable than Europe’s top brands, according to a global ranking by Kantar’s BrandZ. 　Amazon, founded in 1994 by Jeff Bezos, remained the world’s most valuable brand with an estimated value of $684 billion, followed by Apple, founded in 1976, at $612 billion and Google at $458 billion, Kantar said. 　Tencent, China’s biggest social media and vid

July 8, 2021

[Graphic News] Samsung ranks 2nd in European wearables market in Q1: report

　Samsung Electronics was the second-largest vendor of wearable devices in Europe in the first quarter of the year, although its market share declined as archrival Apple expanded its presence. 　Samsung posted a 16.1 percent market share in the January-March period in the European market, down from 16.8 percent a year earlier, according to the latest report from market researcher International Data Corp. 　The South Korean tech giant shipped 3.5 million wearable products in the region in th

June 30, 2021

[Graphic News] S. Korea atop Q1 chip equipment spending chart: report

　South Korea was the world's largest spender on chip equipment in the first quarter of the year, a report showed, amid a global semiconductor shortage. 　South Korea, home to major memory chip producers Samsung Electronics and SK hynix, spent $7.31 billion in chipmaking equipment in the January-March period, up 118 percent from a year ago, according to quarterly billings data from SEMI, a global industry association representing companies in the electronics design and manufacturing supply c

June 24, 2021

[Graphic News] Samsung ranks 2nd in Q1 chip sales: report

　Samsung Electronics was the world’s second-largest semiconductor vendor in the first quarter of the year, a report showed, after posting double-digit year-on-year sales growth. 　The South Korean tech juggernaut logged $17.07 billion in chip sales in the January-March period, up 15 percent from a year earlier, according to the latest McClean Report released by market researcher IC Insights. 　Samsung, the world’s largest memory chip supplier, racked up $16.15 billion in integr

June 17, 2021