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  • Company in focus

    LG Display sees a brighter picture with OLED

    SEOUL -- Apple's plan to switch from conventional liquid crystal display, or LCD, screens on its iPhone series to more advanced organic light emitting diode, or OLED, panels for its next generation iPhone models to be introduced next year appears to

    July 30, 2017 12:00 pm JST
  • Pyongyang's nighttime missile launch signals growing skill

    SEOUL -- North Korea fired another missile late Friday, that experts said was capable of hitting Los Angeles and Chicago, one day after the anniversary of the armistice ending the Korean War, in a rare nighttime launch seen as a boastful show of imp

    July 29, 2017 10:44 am JST
  • US, South Korea conduct missile exercise after North Korea ICBM launch

    WASHINGTON (Reuters) -- The United States and South Korea conducted a live-fire exercise after North Korea launched an intercontinental ballistic missile (ICBM) on Friday, the U.S. military said.A U.S. military statement said the exercise used missi

    July 29, 2017 07:37 am JST
  • North Korea 2nd ICBM test puts much of US in range: experts

    PYONGYANG, North Korea (AP) -- North Korea on Friday test-fired its second intercontinental ballistic missile, which flew longer and higher than the first according to its wary neighbors, leading analysts to conclude that a wide swath of the U.S., i

    July 29, 2017 06:05 am JST
  • Samsung ends Intel's 24-year run as top-selling chipmaker

    SEOUL/PALO ALTO, U.S. -- The second quarter of 2017 will be go down in global semiconductor history as the first time in 24 years that U.S. chipmaker Intel did not post the largest quarterly sales.Instead, the glory went to Samsung Electronics. And

    July 29, 2017 05:40 am JST
  • South Korea Moon orders talks with US to deploy more THAAD units after North Korea ICBM test

    SEOUL (Reuters) -- South Korean President Moon Jae-in ordered discussions to be held with the United States on deploying additional THAAD anti-missile defense units following North Korea's test launch of an intercontinental ballistic missile, his of

    July 29, 2017 05:09 am JST
  • US-South Korean military chiefs discuss military options: US military

    WASHINGTON (Reuters) -- The top U.S. and South Korean military officials discussed military options after North Korea launched an intercontinental ballistic missile (ICBM) on Friday, a spokesman for the top U.S. general said.Marine General Joseph Du

    July 29, 2017 04:34 am JST
  • Tech shares retreat as profit-taking takes hold

    TOKYO -- Selling of tech issues has caught on worldwide since Thursday as investors moved to lock in profit after sensing signs of a slowdown in the semiconductor market.On Friday at the Tokyo Stock Exchange, Tokyo Electron saw its shares slide 7% d

    July 29, 2017 03:24 am JST
  • Tokyo condemns North Korea missile launch into waters near Japan

    TOKYO -- The Japanese government confirmed Saturday that North Korea launched a ballistic missile believed to have landed in Japan's exclusive economic zone, denouncing yet another provocation by Pyongyang.The missile was fired from central North Ko

    July 29, 2017 02:44 am JST
  • Nikkei Asia300 index falls on technology stocks, almost erases weekly gains

    HONG KONG (Nikkei Markets) -- Technology stocks led Asian equities outside Japan lower on Friday, wiping off most of the accumulated gains for the week triggered by bets slowing inflation would prompt the U.S. Federal Reserve to hold back further ra

    July 28, 2017 08:52 pm JST
  • No talks -- or missiles -- from North Korea on 'V-day'

    SEOUL -- Although North Korea snubbed requests by South Korea to hold a military dialogue on Thursday, which marked the 64th anniversary of Korean War armistice, it also refrained from a ballistic missile launch it had shown signs of preparing.With

    July 28, 2017 06:29 am JST
  • Consumption leads South Korea's modest economic recovery

    SEOUL -- South Korea's gross domestic product grew 0.6% in the April-June quarter, the Bank of Korea said Thursday, slowing slightly from the previous three months but still managing to expand on the back of brisk consumption.The uptick was a step b

    July 28, 2017 12:50 am JST
  • Beijing-Seoul missile defense spat dents Kia's profits

    SEOUL -- Kia Motors' group operating profit tumbled 44% on the year to 787 billion won ($707 million) for the six months through June as Chinese consumers snubbed the South Korean automaker amid diplomatic tensions between Beijing and Seoul.Sales sa

    July 27, 2017 11:30 pm JST
  • LG Display in talks with Chinese TV makers over OLED lines

    SEOUL -- LG Display is in talks with Chinese TV manufacturers over the company's plan to build production lines for large-size organic light emitting diode panels in China, CEO Han Sang-beom said Wednesday.Earlier this week, the South Korean panel m

    July 27, 2017 04:42 pm JST
  • Samsung's quarterly operating profit rockets to new high

    SEOUL -- Samsung Electronics increased its group operating profit 73% from a year ago, hitting an all-time quarterly high of 14.07 trillion won ($12.6 billion) for the April-June period, the South Korean company said Thursday.Buoyed by brisk demand,

    July 27, 2017 12:48 pm JST
  • South Korea's Q2 GDP expands 0.6% on quarter, matches forecasts

    SEOUL (Reuters) -- South Korea's gross domestic product growth almost halved to 0.6 percent in the second quarter of 2017 from the previous three months, the central bank estimated on Thursday, as construction sector activity that had supported grow

    July 27, 2017 12:21 pm JST
  • Samsung Electronics books record Q2 operating profit, up 73%

    SEOUL (Reuters) -- Samsung Electronics Co Ltd on Thursday said income from memory chips helped it book record quarterly profit for the three months through June, as the South Korean tech firm reported earnings results that matched its earlier guidan

    July 27, 2017 10:34 am JST
  • Hyundai struggles for traction in China and US

    SEOUL/SHANGHAI "We'll give you an additional discount of 7,000 yuan ($1,035) on top of the 20,000 yuan," salesman Zhao Wenxi told a potential customer in mid-July at a Shanghai dealership of South Korea's Hyundai Motor.The popular Tucson SUV model t

    July 27, 2017 10:00 am JST
  • The future is vaporous for Philip Morris in Asia

    SEOUL The growing popularity of e-cigarettes in Japan and South Korea has Philip Morris International, the world's most valuable cigarette company, considering a future in which cigarettes are stubbed out completely in the two countries within five

    July 27, 2017 10:00 am JST
  • Asian investment is turning Ethiopia into textile hub

    ADDIS ABABA, Ethiopia The East African country of Ethiopia is fast developing into a dynamic apparel-sourcing hub, as low labor costs draw in international clothing makers.Manufacturers from China, South Korea, India and other countries have opened

    July 27, 2017 10:00 am JST