SEOUL, Jul. 18 (Korea Bizwire) – In a significant shift in South Korea’s electric bus market, domestically produced vehicles have captured nearly 60% of new registrations in the first half of 2024, marking a pause in the rapid expansion of Chinese electric buses in the country. According to data released on July 17 by the Ministry [...]
SEOUL, Aug. 3 (Korea Bizwire) — Three major South Korean battery makers saw their market share fall in the first half of the year from a year earlier despite solid growth, as bigger Chinese rivals further expanded their overseas foothold, a report said Thursday. The combined market share of the three — LG Energy Solution [...]
SEOUL, July 30 (Korea Bizwire) — The combined U.S. market share of Hyundai Motor Co. and its smaller affiliate Kia Corp. inched up in the first half of the year from a year earlier, managing to stay above the 10 percent range amid the recovery in demand and output, data showed Sunday. Their combined share [...]
SEOUL, March 7 (Korea Bizwire) — South Korea’s top mobile carrier SK Telecom Co. has seen its market share drop below 40 percent for the first time since the establishment of the three-company telecom system, data showed Monday. As per the Ministry of Science and ICT’s wireless communication service subscription status report released on Monday, [...]
SEOUL, Jan. 4 (Korea Bizwire) — Three South Korean electric vehicle (EV) battery makers saw their global market share sink in the first 11 months of 2022 from a year earlier amid robust growth of Chinese rivals, industry data showed Wednesday. The trio — LG Energy Solution Ltd., SK Innovation Co. and Samsung SDI Co. [...]
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 [...]
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 [...]
SEOUL, Aug. 2 (Korea Bizwire) — The global market share of major South Korean battery makers fell in the first half of this year from a year earlier amid strong growth of Chinese rivals, a report showed Tuesday. LG Energy Solution Ltd., SK On Co. and Samsung SDI Co. together accounted for a combined 25.8 [...]
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 [...]
SEOUL, May 2 (Korea Bizwire) — Major South Korean battery makers saw their market share dip 6.9 percent in the first quarter from a year earlier amid robust growth of Chinese rivals, a report showed Monday. The combined market share of LG Energy Solution Ltd., SK On Co. and Samsung SDI Co. stood at 26.3 [...]