SEOUL, Aug. 29 (Korea Bizwire) — Hyundai Engineering & Construction Co. (Hyundai E&C), South Korea’s No. 2 builder, has placed 11th among global construction companies in terms of overseas sales, an industry report showed Tuesday. Hyundai E&C posted US$6.83 billion in overseas sales in 2022, up 18.6 percent from a year earlier and the 11th-largest [...]
SEOUL, April 13 (Korea Bizwire) — The publishing right of “Cursed Bunny,” a novel by Korean author Chung Bora shortlisted for this year’s International Booker Prize, has been sold to a major American publisher, the book’s local agency here said Wednesday. According to Greenbook Agency, it signed a US$30,000 deal with Algoquin Books, a publisher [...]
SEOUL, Jan. 18 (Korea Bizwire) — “Kim Ji-young, Born 1982″ was the most popular South Korean literary book overseas over the recent five years, data showed Tuesday. According to the data from the Literature Translation Institute of Korea, the feminist novel by Cho Nam-joo was translated into 10 different languages and sold more than 300,000 [...]
SEOUL, July 13 (Korea Bizwire) — South Korean construction equipment manufacturers are basking in robust overseas sales despite the resurgence of new coronavirus infections, industry data showed Tuesday. South Korea’s top construction equipment maker Doosan Infracore Co. said its European subsidiary sold 543 units of excavators and other construction equipment in June, a new monthly [...]
SEOUL, May 11 (Korea Bizwire) — South Korean confectionary companies enjoyed brisk overseas sales in 2020 thanks to the high popularity of Korean pop culture and food abroad, industry sources said Tuesday. Overseas sales of industry giant Orion Corp. stood at approximately 1.5 trillion won (US$1.34 billion) last year, accounting for 65.6 percent of its [...]
SEOUL, March 24 (Korea Bizwire) — KT&G Corp., South Korea’s dominant tobacco company, said Wednesday it is aiming to earn half of its revenue from overseas by 2025 as it seeks to open more overseas subsidiaries and explore new markets. Currently, KT&G earns 40 percent of its tobacco sales from exports. The company operates sales [...]
SEOUL, Nov. 4 (Korea Bizwire) — South Korea’s top instant noodle maker Nongshim Co. said Wednesday that it will likely post record overseas sales this year thanks to strong demand amid the coronavirus pandemic. Nongshim forecast its overseas sales of instant noodles, or “ramyeon” in Korean, to amount to US$990 million this year, up 24 [...]
SEOUL, Nov. 1 (Korea Bizwire) — Hyundai Motor Co. sold over 380,000 units of its premium brand Genesis in overseas markets over the past five years since the brand launched in November 2015, industry sources said Sunday. Sales of Genesis came to a combined 384,471 units in September this year, showing its steady sales in [...]
SEOUL, Sept. 7 (Korea Bizwire) — Major South Korean companies saw their overseas sales tumble nearly 20 percent in the second quarter of the year during the coronavirus pandemic, data showed Monday. Combined overseas sales of the country’s top 100 firms by revenue totaled 146.3 trillion won (US$123 billion) in the April-June period, down 19.8 [...]
SEOUL, Aug. 4 (Korea Bizwire) — The combined revenue of the South Korean zombie blockbuster “Peninsula” has topped US$40 million in eight Asian countries, the film’s local distributor said Tuesday. Released on July 15 in South Korea and Taiwan, the movie posted a cumulative $10 million in revenue in its third week in Taiwan, becoming [...]