Economy
Business·Industry
Focus on Tourists’ “Spending” Rather Than “Numbers”… Tourism Performance Metrics Need to Change
An analysis has concluded that policymakers must manage not only the number of foreign tourists but also their length of stay, spending, and the value added generated by tourism exports within the cou…
Macroeconomics
South Korea’s Economy Driven by ‘Semiconductor Engine’… IB Forecasts Average Growth Rate of 3.2% for This Year
As the semiconductor “super cycle” continues amid expanding investment in artificial intelligence (AI), overseas institutions are raising their growth forecasts for the South Korean economy. With expo…
Financing
Shein Loses 100 Trillion Won… The Collapse of the “$5 Dress” Myth [Capital Focus]
SHEIN, which shook up the global fast-fashion market with its $5 dresses, has seen its valuation shrink by nearly 100 trillion won in just four years. During the COVID-19 pandemic, SHEIN was hailed as…
Business·Industry
Ending a 72-Month Streak of Deficits, Posting a Surplus for the Fourth Consecutive Month… Tourism Balance ‘Turns Around’
South Korea’s tourism balance of payments, which had been plagued by chronic deficits, is rapidly improving. It has ended a six-year streak of deficits that began after the COVID-19 pandemic and has r…
Business·Industry
SamsungElectronics and Japan’s NTT DoCoMo Conduct AI-RAN Technology Validation… Automated Service Quality Optimization
SamsungElectronics has successfully developed and validated a user-customized communication quality optimization technology based on an artificial intelligence radio access network (AI-RAN) in collabo…
Business·Industry
LGELECTRONICS Holds Special Exhibition of Next-Generation Wireless Wallpaper TV at British Department Store ‘Harrods’
LGELECTRONICS announced on the 10th that it will showcase its next-generation wireless wallpaper TV, the “LG Signature OLED W,” at Harrods, London’s premier luxury department store. This initiative is…
Business·Industry
LX Semicon Begins Mass Production of Automotive Semiconductor MCUs… to Supply HyundaiMotor and KIA CORPORATION
LX Semicon has begun mass production of its automotive semiconductor, the “Motor-Specific MCU (Microcontroller Unit),” and will supply it to HyundaiMotor and KIA CORPORATION. This marks the first achi…
Business·Industry
Atlas Launches 'Two-Shift System'… To Be Deployed on Site Within Two Years [Exclusive to Edaily]
Visitors to the “2026 Smart Factory & Automation Industry Expo,” held on March 4 at COEX in Samseong-dong, Gangnam-gu, Seoul, are examining the humanoid robot Atlas at the Hyundai Glovis booth. (Photo…
Business·Industry
Samsung and LG Corp. Also Face Profitability Challenges Amid Chinese Offensive… Increase ‘Outsourced Production’ of Home Appliances
Current Status of Production Outsourcing by Major Home Appliance Manufacturers. (Graphic by Lee Mi-na, E-Daily)
Most global home appliance companies are devising survival strategies that rely on C…
Macroeconomics
Central Banks Snapping Up Gold—Why?…The Bank of Korea’s Reserves Stand at
Central banks around the world are snapping up gold. They purchased nearly 290 metric tons of gold in the second quarter alone, marking the largest second-quarter purchase volume on record. Analysts s…