SEOUL, Sept. 21 (Korea Bizwire) — Smartphone shipments in South Korea declined more than 13 percent on-year in the second quarter, recent data showed Thursday, as demand remained sluggish over economic uncertainties. The total shipment came to approximately 2.8 million units for the April-June period, down 13.2 percent from a year ago, as “demand for [...]
SEOUL, April 4 (Korea Bizwire) — Shipments of alcoholic beverages continue to fall with a shrinking number of business gatherings and other changes in South Korean drinking culture. The Korea Agro-Fisheries & Food Trade Corp. and National Tax Service data showed that the country’s domestic shipments of alcoholic beverages in 2021 amounted to 3.01 million [...]
SEOUL, July 29 (Korea Bizwire) — South Korean display makers’ TV panel shipments in the first half of the year decreased sharply as they push to scale down their LCD business, a report showed Wednesday. Samsung Display Co. and LG Display Co. — the country’s top two players — were ranked fifth and sixth respectively [...]
SEOUL, Sept. 27 (Korea Bizwire) – Cargo processed at South Korean seaports increased 8.1 percent last month from a year earlier, driven by brisk export of vehicles and imports of soft coal, government data showed Wednesday. The total amount of seaport cargo stood at 128.8 million tons inAugust, up from 119.1 million tons tallied a year earlier, according to the data by the [...]
SEJONG, Feb. 21 (Korea Bizwire) – South Korea’s exports continued their upbeat mode in the first 20 days of February, underscoring a recovery in the country’s outbound shipments, the latest customs data showed Tuesday. Exports amounted to US$27.7 billion from Feb. 1-20, up 26.2 percent from the same period last year, according to the data [...]