Doing Business
in Korea

What is the procedure under the Foreign Investment Promotion Act when a foreign-invested company carries out capital increase without...

All Industries In July 2023, Korea's industrial activity remained on track of a gradual recovery, with the decline in industrial...

Foreign Direct Investment U.S. Corning to invest USD 1.5 bn to build production facility in Korea Corning Inc., the world’s top manufacturer of specialty glass for displays, will invest USD 1.5 billion to build a new production facility in Asan, South Chungcheong Province. The investment involves building the world’s first integrated supply chain for bendable glass for cell phones, according to Corning Chief Executive Officer Wendell Weeks. The investment will be made ove

Summary and Assessment* ■ The Korean economy is experiencing a slight easing in export contraction, yet external uncertainties, such as economic instability in China, are intensifying. ● The slowdown in manufacturing production is gradually easing, largely fueled by the semiconductor sector, while services production continues on a modest growth path. - The decrease in semiconductor exports is decelerating, and other categories are also exhibiting signs of better export pe

Global Semiconductor Market and Outlook of Korea’s Semiconductor Exports Since the 1980s, the semiconductor industry has continued to...