outlook Archives | Be Korea-savvy
Trending Now in Entertainment & Media: Convergence, Connections and Trust

Trending Now in Entertainment & Media: Convergence, Connections and Trust

NEW YORK, Jun. 5 (Korea Bizwire) — According to PwC’s Global Entertainment & Media Outlook 2018-2022 (Outlook), the ongoing rapid evolution of the industry has entered a dynamic new phase. Amid growth that is broad-based and consistent – but unevenly distributed – three imperatives are affecting every company in the industry: convergence, connecting with consumers [...]

LG Electronics Set to Enjoy Robust Earnings for Q1

LG Electronics Set to Enjoy Robust Earnings for Q1

SEOUL, Mar. 26 (Korea Bizwire) — LG Electronics Inc., which enjoyed record earnings last year on the back of premium TVs and home appliance sales, is expected to post a robust performance in the first quarter of 2018. According to data compiled by market tracker FnGuide from local brokerage houses, the market’s first-quarter consensus for [...]

Construction Sector Could Experience Contraction in 2019: Report

Construction Sector Could Experience Contraction in 2019: Report

SEOUL, Nov. 2 (Korea Bizwire) — South Korea’s construction sector could suffer a contraction in 2019, a report said Thursday as the government’s moves to stabilize property markets may weigh on new orders. The combined value of construction orders — a leading indicator in the construction sector — posted a 29.5 percent decline in July, [...]

Analysts Divided on KOSPI’s Outlook after Downturn

Analysts Divided on KOSPI’s Outlook after Downturn

SEOUL, Aug. 11 (Korea Bizwire) — South Korean analysts are divided over how much the local stock market will drop down the road following a recent downturn sparked by foreign selling and other negatives. Some fear the key price index may sink below the psychologically important 2,300-point level on foreign investors’ massive profit-taking, the so-called [...]

Another Tough Year Lies Ahead for S. Korean Shipyards

Another Tough Year Lies Ahead for S. Korean Shipyards

SEOUL, March 7 (Korea Bizwire) – After suffering record losses last year, South Korean shipbuilders may have to brace for yet another tough year based on a prolonged global slump stemming from low oil prices and tougher competition with Chinese rivals, sources said Monday. The nation’s big three shipyards — Hyundai Heavy Industries Co., Daewoo [...]

Xiaomi Set to Rekindle Smartphone Battle

Xiaomi Set to Rekindle Smartphone Battle

China-based tech giant Xiaomi Inc., which has been sluggish in tapping overseas markets due to copyright-related issues, is set to speed up its expansion with a new flagship, industry sources said Thursday, engaging in new battles with top brands like Samsung and Apple in South Korea. (Image : Yonhap) SEOUL, March 3 (Korea Bizwire) – [...]