In 2023, Korea witnessed a tumultuous year in its entertainment and culture scenes. A drug scandal sent shock waves through the industry, ensnaring luminaries like Yoo Ah-in, G-Dragon and Lee Sun-kyun,
Leading streaming service providers Netflix and Disney+ each had massively popular original series this year, including “The Glory” and “Moving.”
Two Korean works made it to the 10 million ticket sales mark this year — “The Roundup: No Way Out” and “12.12: The Day.”
Samsung Electronics and SK hynix incurred a combined loss of more than 21 trillion won ($16.1 billion) in their chip businesses, primarily attributed to the cyclical downturn in the semiconductor industry in 2023.
Korean tech giants unveiled significant investments and introduced new services powered by generative AI, aiming to capitalize on the global AI boom sparked by OpenAI's ChatGPT.
Korean battery makers, including LG Energy Solution and Samsung SDI, are scrambling to build plants in the United States to qualify for tax credits under the Inflation Reduction Act, which restricts the use of battery components from China in EVs.
Korea’s financial regulators reinstated a full ban on short selling of all stocks from November after global investment banks were found to have committed illegal short selling in the country.
Korea's inflation grew 3.3 percent in November, down from 5 percent a year earlier. The government has taken various measures to combat inflation.
Despite Korea's best efforts, Busan was defeated by Saudi Arabia's Riyadh in a fierce three-way race to host the 2030 World Expo.
U.S. Soldier Pvt. 2nd Class Travis King bolted across the inter-Korean border during a group tour of the Joint Security Area (JSA) on July 18. King was returned to U.S. custody at the end of September as Pyongyang decided to “expel" him.
Korea JoongAng Daily Sitemap