Samsung Profit Hits Record High

Samsung Electronics reported its operating profit more than tripled in the fourth quarter, hitting a record high. The cause was a chip shortage and rising prices amid AI competition.

Samsung Electronics said its operating profit more than tripled to a record high in the fourth quarter, as competition to develop artificial intelligence has worsened a shortage of electronic chips and driven up prices.

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2026-01-29T10:14:58+00:00

Hanwha Surpasses Samsung in Operating Profit

The South Korean company 'Hanwha Solutions' has surpassed its rival 'Samsung Electronics' in operating profit for the first time in 2025. This achievement marks a significant milestone for Hanwha, which has long operated in the shadow of its larger competitor. Analysts attribute Hanwha's success to the successful launch of new products and efficient cost management.

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2026-01-26T01:33:41+00:00

South Korea Sets Import Record in 2025

South Korea imported $1.86 billion worth of goods in 2025, setting a new record. The increase is attributed to rising domestic demand and global economic trends. Experts expect continued growth in imports for the current year.

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2026-01-23T01:56:53+00:00

South Korea's Economy Grows 1% in 2025

South Korea's economy grew by a modest 1% in 2025, its lowest rate since 2020. Despite a political crisis, the growth was driven by AI-related exports.