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South Korea economy

Samsung Reports a 10-fold Increase in Profit as AI Drives Rebound in Memory Chip Markets

Samsung Reports a 10-fold Increase in Profit as AI Drives Rebound in Memory Chip Markets

By Associated Press
Samsung projected the memory chip market to remain strong in the coming months, driven by the expansion of generative AI technologies.

Rich South Korea, Unhappy Koreans

Rich South Korea, Unhappy Koreans

By Hyung-A Kim
South Korea has a glowing global reputation. So why do so many Koreans think “isaengmang” – this life is ruined?
South Korea’s Government Accused of Violating Labor Rights Amid Truckers’ Strike

South Korea’s Government Accused of Violating Labor Rights Amid Truckers’ Strike

By Chelsie Alexandre
The disruption caused by the truckers’ strike has led to an aggressive response from the Yoon administration, with no signs of successful negotiation. 

South Korea’s Demographic Trends Continue to Decline

South Korea’s Demographic Trends Continue to Decline

By Troy Stangarone
South Korea’s population decline is following the U.N.’s most negative projections, with major implications for the country’s economic future.

The Limits of China’s Economic Leverage Over South Korea

The Limits of China’s Economic Leverage Over South Korea

By Andy Hong
South Korea’s economy is certainly vulnerable to Chinese economic coercion. But such pressures rarely induce countries to change their foreign policy outlook.

South Korea’s Self-Employment Crisis

South Korea’s Self-Employment Crisis

By Eunwoo Lee
Amid online shopping bonanzas and anti-COVID measures, one-person business owners and self-employed subcontractors have suffered.

South Korea-US Economic Ties Are Changing

South Korea-US Economic Ties Are Changing

By Tom Byrne
Amid supply chain worries and high-tech competition, there has been a distinct shift in the tenor of the business relationship between Seoul and Washington.
Small Firms Will Determine South Korea’s Economic Future

Small Firms Will Determine South Korea’s Economic Future

By Yong Kwon
The chaebol spearheaded the country’s rapid industrialization, but it’s SMEs that will keep South Korea’s economy driving forward in the digital era.

South Korea: Picking Winners and Losers in the Information Age

South Korea: Picking Winners and Losers in the Information Age

By Yong Kwon
Seoul’s preference to cater to established firms over smaller start-ups – or the workers themselves – will have long-term consequences.

The Real Cause of Seoul’s Real Estate Bubble: Economic Anxiety

The Real Cause of Seoul’s Real Estate Bubble: Economic Anxiety

By Yong Kwon
Soaring real estate prices are deeply connected to structural issues with the South Korean economy.

Bank of Korea Highlights Risks to COVID-19 Economic Recovery

Bank of Korea Highlights Risks to COVID-19 Economic Recovery

By Kyle Ferrier
The latest Financially Stability Report provides a picture of South Korea’s overall financial health – and there’s some worrying news.
How Will the Global Semiconductor Crunch Impact South Korea?

How Will the Global Semiconductor Crunch Impact South Korea?

By Kyle Ferrier
Most South Korean conglomerates have weathered the shortage much better than their global competitors. That could change as early as this month.

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