Trade War Archives | Be Korea-savvy
S. Korean Chipmakers to Face Prolonged Downturn amid Trade War

S. Korean Chipmakers to Face Prolonged Downturn amid Trade War

SEOUL, Jun. 19 (Korea Bizwire) – South Korean chipmakers may wish they were undergoing the bottom of the memory chip down cycle in the second quarter before entering a recovery mode later this year, but it seems like they have to deal with unfavorable business conditions longer than expected due to prolonged global trade tension. [...]

Huawei Ban Puts S. Korean Tech Firms in Tricky Position

Huawei Ban Puts S. Korean Tech Firms in Tricky Position

SEOUL, May 27 (Korea Bizwire) – The U.S.’s decision to ban Huawei Technologies and pressure its allies to follow suit is sending a ripple effect through the South Korean tech industry that has contracts and connections with the Chinese telecom equipment and smartphone maker, analysts said Monday. President Donald Trump’s administration last week placed Huawei [...]

Foreigners’ Appetite for Korean Stocks Growing on Hope for U.S.-China Trade Talks, Chip Industry

Foreigners’ Appetite for Korean Stocks Growing on Hope for U.S.-China Trade Talks, Chip Industry

SEOUL, Apr. 10 (Korea Bizwire) — Foreign investors have been increasing their buying of South Korean shares in recent sessions, data showed Wednesday, amid optimism, albeit cautious, over the chip industry and progress in U.S.-China trade deals. According to the data compiled by the Korea Exchange (KRX), foreign investors extended their buying binge to eight [...]

LG’s Solar Module Biz Faces Hurdles amid U.S.-China Trade War

LG’s Solar Module Biz Faces Hurdles amid U.S.-China Trade War

SEOUL, Aug. 21 (Korea Bizwire) — LG Electronics Inc., which announced its plan to build a solar module factory in the United States, is currently facing hurdles in carrying out the project amid Washington’s move to slap heavy tariffs on Chinese parts, industry sources said Tuesday. According to the sources, the U.S. government declined a [...]

Protectionism Puts Korea Inc. in a Fix

Protectionism Puts Korea Inc. in a Fix

SEOUL, Jun. 13 (Korea Bizwire) — Escalating global protectionism, sparked by a Sino-American trade war, has put corporate Korea in a tight spot as it is feared to take a toll on exports, a key growth engine for Asia’s fourth-largest economy, industry sources said Friday. The United States and China, the world’s two largest economies, [...]