쿠팡의 와우 멤버십 요금 인상 소식 쿠팡의 와우 멤버십 요금 인상 소식 In a significant update impacting its loyal user base, Coupang has announced an increase in its Wow membership fee starting from the 7th of this month. With this transition, the monthly subscription cost will rise to 7,890 KRW. For existing members, this increase…

Korean Economy: Current Account Surplus Hits Record High Korean Economy: Current Account Surplus Hits Record High The Bank of Korea recently announced that in June, the country recorded a current account surplus of $12.26 billion (approximately 16.89 trillion KRW). This marks the largest surplus in nearly seven years, specifically since September 2017. Let’s delve deeper…

Samsung Electronics Expands Subscription Business Strategy Samsung Electronics is making a significant move in the subscription business sector as it aims to build a team dedicated to this area in the first half of the year. The company is currently looking for an experienced professional to serve as the ‘Korean General Manager’ for its subscription…

Market Volatility Predictions Amidst Economic Concerns Market Volatility Predictions Amidst Economic Concerns The South Korean stock market showed a rebound after a day of decline; however, the broader international financial landscape is expected to remain unstable due to ongoing volatility in global markets. This unpredictability is largely attributed to the recent unwinding of “엔캐리 트레이드”…

Samsung Electronics and the Future of HBM Technology Samsung Electronics and the Future of HBM Technology As the technology landscape continuously evolves, one notable highlight has emerged from KB Securities regarding Samsung Electronics. According to their recent analysis, the shipment of High Bandwidth Memory (HBM) semiconductors will commence in earnest starting from the fourth quarter.…

LG Uplus Reports Decline in Operating Profit for Q2 2023 In a significant update from Korea Economic News, LG Uplus has reported its financial performance for the second quarter of 2023, revealing a concerning trend regarding its operating profit. As anticipation builds around the telecommunications sector, let’s delve into the details of LG Uplus’s recent…

Government’s Enhanced Oversight on E-commerce and PG Companies Government’s Enhanced Oversight on E-commerce and PG Companies In recent developments, the South Korean government announced a new set of measures to address the ongoing settlement issues between e-commerce platforms and Payment Gateway (PG) companies. The announcements were made public as a response to the growing concerns…

New York Stock Market Update New York Stock Market Shows Signs of Recovery Amid Economic Concerns The stock market in New York experienced a positive turnaround as concerns regarding a potential recession in the United States began to ease. The major indices, including the Dow Jones 30, S&P 500, and Nasdaq, witnessed significant gains. However,…

Samsung Unveils the New PM1753 SSD for Generative AI Servers Samsung Unveils the New PM1753 SSD for Generative AI Servers In a groundbreaking announcement, Samsung Electronics has unveiled its latest solid-state drive (SSD) model, the PM1753, designed specifically for generative AI applications. As technology continues to evolve, this new SSD promises to significantly enhance the…

Stock Market Rally Amid Eased Fear Sentiment Stock Market Rally Amid Eased Fear Sentiment In recent market developments, the New York stock market demonstrated a significant rebound as fears subsided among investors. With a notable increase in market confidence, major indices saw promising gains. The Dow Jones Industrial Average climbed by 0.76% during the trading…