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#Key Business Issue

LG’s Exit from Mobile Phone Business

2021-04-12

LG Electronics has decided to shut down its smartphone business, 26 years after the company started producing mobile phones with the “Hwatong” ...

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Rising U.S. Bond Yields

2021-04-05

U.S. government bond yields have been in the economic news a lot lately. Bond yields in the U.S. have risen sharply, compared to six months ago. Such ...

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Korea Seeking to Catch up in Global Space Race

2021-03-29

South Korea’s next-generation, mid-sized satellite was successfully launched and made its first contact with a base station on March 22. ...

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Tremendous Upheaval in Korea’s E-commerce Market

2021-03-22

The electronic or e-commerce market in Korea is experiencing a seismic change. Following the successful listing of Korean e-commerce giant Coupang ...

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U.S. and China Prepare for Post-Pandemic Economic Policies

2021-03-15

U.S. Congress has passed a 1.9 trillion-dollar stimulus plan, while China has convened its biggest annual political event called the Two Sessions. ...

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Series of Extra Budgets Raise Concerns over Growing National Debt

2021-03-08

On March 2, the Korean government proposed an extra budget worth 15 trillion won to finance another round of emergency relief aid for those affected ...

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Rising Prices of Raw Materials

2021-03-01

The COVID-19 pandemic hit the global economy hard last year, leading to a sharp decline in prices of raw materials including copper, iron ore and ...

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U.S. Trade Panel Rules in Favor of LG against SK in Battery Dispute

2021-02-22

South Korean battery maker LG Energy Solution has defeated its domestic rival SK Innovation in a battery dispute that has lasted for nearly two years. ...

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Korea Leading Global Shipbuilding Industry

2021-02-15

South Korea topped the global ranking in shipbuilding orders in January, continuing the positive momentum for its impressive performance last ...

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World’s First Hydrogen Law Comes into Effect in Korea

2021-02-08

The “hydrogen law” came into effect in South Korea on February 5, one year after the legislation of the law, the first of its kind in the ...

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