market share Archives | Be Korea-savvy
Hyundai Reaches Double-digit Market Share in Britain for First Time in 40 Years

Hyundai Reaches Double-digit Market Share in Britain for First Time in 40 Years

SEOUL, Sept. 19 (Korea Bizwire) — South Korea’s Hyundai Motor Group reached a double-digit market share in the auto market in Britain for the first time in 40 years. In the January-August period, Hyundai Motor Co. and its smaller affiliate Kia Corp.’s market share in Britain marks at 12.3 percent, up by 3.4 percentage points [...]

Samsung Widens Gap Between Intel as World’s Largest Chipmaker by Revenue in Q2

Samsung Widens Gap Between Intel as World’s Largest Chipmaker by Revenue in Q2

SEOUL, Sept. 19 (Korea Bizwire) — Samsung Electronics Co. expanded its market share of the global semiconductor industry in the second quarter, maintaining its top spot, a research showed Monday. Samsung’s chip revenue for the April-June period came in at a record quarterly high of US$20.3 billion on the back of solid server demand, taking [...]

S. Korean EV and Battery Producers See Global Market Share Drop

S. Korean EV and Battery Producers See Global Market Share Drop

SEOUL, June 9 (Korea Bizwire) — As China and Germany advanced in the electric vehicle (EV) and battery industry last year, the South Korean share of the global EV and battery export market dropped. The Federation of Korean Industries reported that China and Germany raised their share of the world’s battery-based electric vehicle (BEV) export [...]

Chinese Serving Robots Take Over South Korean Market

Chinese Serving Robots Take Over South Korean Market

SEOUL, Nov. 12 (Korea Bizwire) — Many serving robot businesses have been found to import Chinese-made serving robots and misrepresent them as being their own product. Industry insiders reported that more than 70 percent of all serving robots in South Korea are Chinese-made. Among local manufacturers, LG Electronics Inc., Hyundai Robotics Co. and Robotis have [...]

Online Fashion Platforms for Women Engage in Ruthless Competition to Gain Market Share

Online Fashion Platforms for Women Engage in Ruthless Competition to Gain Market Share

SEOUL, Sept. 13 (Korea Bizwire) — South Korea’s online fashion platforms for women’s clothing are working on a number of initiatives, including free and fast delivery, to gain a larger market share. Ably plans to offer free returns for designer and street brand items by the end of this month. If customers return designer or [...]