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S. Korean Battery Makers to Post Mixed Q2 Results amid Higher Raw Materials Costs, Auto Chip Issue

S. Korean Battery Makers to Post Mixed Q2 Results amid Higher Raw Materials Costs, Auto Chip Issue

SEOUL, July 5 (Korea Bizwire) — South Korean battery makers are expected to show mixed quarterly results in the second quarter, with Samsung SDI Co. likely to be the only one with profit growth, as rising raw materials costs and auto chip shortages continue to weigh down on their profitability. Samsung SDI is estimated to [...]

Global TV Shipments to Rebound in 2022, Premium TVs Basking in Robust Growth

Global TV Shipments to Rebound in 2022, Premium TVs Basking in Robust Growth

SEOUL, Feb. 9 (Korea Bizwire) – Global TV shipments are forecast to slightly rebound this year amid falling LCD panel prices, with high-end TVs continuing to enjoy robust growth, industry reports said Tuesday. The industry tracker Trendforce expected global TV shipments to reach around 217 million units this year, up 3.4 percent from a year [...]

Single-member Households to Become Most Common Type in 2047

Single-member Households to Become Most Common Type in 2047

SEJONG, Dec. 16 (Korea Bizwire) — One-person families will likely become the most common household type in all South Korean cities and provinces in the next 30 years amid the country’s low birthrate and rapidly aging population, data showed Monday. Households consisting of a single member are forecast to account for 37.3 percent of all [...]

Ultrafine Dust to Hit S. Korea This Weekend After Two-week Hiatus

Ultrafine Dust to Hit S. Korea This Weekend After Two-week Hiatus

SEOUL, Jan. 2 (Korea Bizwire) — Citizens in Seoul and surrounding areas have enjoyed clear blue skies for the past 11 days without worrying about fine dust, but the air will again get thick with ultrafine particles beginning this weekend, a state think tank said Wednesday. The National Institute of Environmental Research (NIER) under the [...]

S. Korea’s Chip Exports Forecast to Continue Strong Growth in 2018: Report

S. Korea’s Chip Exports Forecast to Continue Strong Growth in 2018: Report

SEOUL, Feb. 5 (Korea Bizwire) — South Korean chip exports are expected to continue to post solid growth this year, though its pace may slow down from last year’s exponential expansion, a report showed Sunday. The Korea Institute for Industrial Economics & Trade (KIET) forecast the country’s exports will increase 18.6 percent in 2018, lower [...]