Major Korean firms report 14 percent sales growth in North America

Sales by major Korean conglomerates and their affiliates in North America rose at a double-digit pace in the third quarter despite U.S. import tariffs, industry data showed on Tuesday.

2026-02-10

DDP operator rejects mayoral hopeful's claim that landmark turned area in 'ghost town'

The Dongdaemun Design Plaza is central to Seoul's mayoral race, with data showing it boosts local sales and foot traffic, contradicting candidate Jeon Hyun-heui's calls for its dismantling.

2026-02-08

Imported car sales jump 37.6 percent in January on strong EV demand

Sales of imported vehicles in Korea jumped 37.6 percent in January from a year earlier, buoyed by strong demand for Tesla and BYD electric vehicle (EV) models, industry data showed Wednesday.

2026-02-04

Industrial output growth slows to five-year low in 2025

Korea's industrial output grew at the slowest pace in five years in 2025, while retail sales and facility investment also grew at a moderate pace, government data showed Friday.

2026-01-30

Apple's iPhone sales surge to new quarterly high despite early missteps in artificial intelligence

Apple’s iPhone sales soared to a new quarterly record during the holiday season, despite artificial intelligence blunders that prompted the technology trendsetter to get a helping hand from Google.

2026-01-30

Despite hitting revenue record, Kia's 2025 operating profit dips 30 percent due to U.S. tariffs

Kia’s operating profit fell by nearly 30 percent in 2025 despite its highest annual revenue, as additional costs from U.S. tariffs cut into earnings, the company said on Wednesday.

2026-01-28

Hyundai, Kia's 2025 operating profit likely to drop despite record sales due to U.S. tariffs

Korea's leading automakers, Hyundai Motor and Kia, are expected to post record revenues in 2025 on robust sales in the United States, though their combined operating profit is forecast to decline due to the impact of U.S. tariffs, data showed Monday.

2026-01-26

The Eagles' 'Greatest Hits' is first album in U.S. history to sell over 40 million units

The Eagles' 1976 album “Their Greatest Hits 1971-1975,” the best-selling album of all time in the United States, has officially sold over 40 million units, according to new certification from the Recording Industry Association of America (RIAA).

2026-01-22

Hyundai's U.S. EV plant posted strong 2025 numbers despite lower demand, end of U.S tax credits

Hyundai Motor Group’s U.S. electric vehicle (EV) production base, Hyundai Motor Group Metaplant America (HMGMA), posted solid sales last year despite a general slowdown in demand.

2026-01-20

K-pop album exports top $300 million in 2025 for 1st time

Korea's exports of K-pop albums exceeded $300 million for the first time last year, customs data showed Friday, underscoring the genre's continued strength overseas despite weakening domestic sales.

2026-01-16

korea joongAng daily