English News - The Chosun Daily
WEBVideo & Photo. The Chosun Daily is an English-language news website that provides a selection of articles from The Chosunilbo, a major Korean newspaper, and its affiliate, The Chosun Biz, an online news outlet focused on economic and industrial issues, for foreigners interested in Korea.
Samsung, SK Hynix set for record Q3 sales, boosted by AI - 조선일보
WEB15 hours ago · SK Hynix is set to surpass Intel in sales for the first time, moving up to third place globally. The global semiconductor sector’s total revenue, excluding contract manufacturing (foundry), is set to reach $175.87 billion in the third quarter, up 8.5% from the previous quarter, according to market research firm Omdia on Sept. 18.
South Korea's national, household debt surpasses record 3,000 …
WEBPublished 2024.08.26. 16:15. The Finance Ministry in Sejong, South Korea. / Shin Hyeon-jong. The combined debt of the government and households in South Korea exceeded 3,000 trillion won ($2.26 trillion) for the first time in the second quarter of this year. This surge is driven by increased government bond issuance in response to a sluggish ...
[Minute to Read] S. Korean military intel employee leaked secrets …
WEBAug 30, 2024 · S. Korean military intel employee leaked secrets to China for 7 years. A 49-year-old civilian employee of the Korea Defense Intelligence Command has been charged with leaking military secrets to Chinese intelligence for seven years since 2017. The official, who was recruited by Chinese agents, used silent camera apps and cloud services to ...
Chanel's sales dip as Korea's love for luxury wanes amid ... - 조선일보
WEB20 hours ago · Chanel’s department store sales in Korea declined by 1% year-on-year in the first half of this year to 514.2 billion won ($39 million), according to data on domestic luxury brand sales obtained by ChosunBiz. Retail industry insiders note that this marks the first time Chanel’s department store sales have experienced negative growth since ...
Editorial: South Korea must investigate information leaks beyond …
WEBSep 3, 2024 · Editorial: South Korea must investigate information leaks beyond the KDIC. The Korea Defense Intelligence Command (KDIC), recently under fire after classified information on undercover agents was leaked, has not undergone an external security audit in seven years. In the past, the Defense Security Command (DSC), …
S. Korea's taxi salary reform leaves drivers, industry in crisis
WEBAug 20, 2024 · The crisis in the taxi industry is reflected in the numbers. According to the Korea National Joint Conference of Taxi Associations, over the past five years (2019–2024), the number of corporate taxis nationwide has decreased by 15,729 units (20%), from 79,291 to 63,562. The number of taxi drivers has also dropped by …
[Minute to Read] Kakao ramps up downsizing efforts - 조선일보
WEBAug 20, 2024 · Tech giant Kakao ramps up downsizing efforts. South Korean tech giant Kakao has been streamlining affiliates as part of its management overhaul. Over the past year, the company slashed the number of its affiliates from 144 to 123. The elimination focuses on those unrelated to its core businesses, …
South Korea's major firms see more older workers, fewer youth
WEBAug 21, 2024 · In the IT and electronics sector, the proportion of employees under 30 fell from 34.2% in 2021 to 28.9% last year, while the share of those aged 50 and above grew from 16.6% to 19.8%. Samsung Electronics has experienced the most significant reduction in younger workers, with the number of employees under 30 dropping by …
Interview: “Tech-driven S. Korea is valuable partner for innovation ...
WEBAug 11, 2024 · Interview: "Tech-driven S. Korea is valuable partner for innovation-focused Switzerland". Protectionist barriers have been rising worldwide recently. The intensifying U.S.-China trade conflict, coupled with Western efforts to address Chinese overcapacity, is extending to the European Union (EU). This global shift towards protectionism poses a ...