KH Explains In series
Major issues broken down to the basics.
#Explained
# Issues
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KH Explains In series
Major issues broken down to the basics.
Would you like to subscribe?
Korea’s next-generation space rocket project off to bumpy start
Stakeholders in space industry concerned about tepid interest from private firms, delayed bidding process Korea’s 2 trillion won ($1.5 billion) next-generation space launch vehicle project got off to a bumpy start, as the bidding process to select a private entity to lead the large-scale task is lik
March 3, 2024 - 15:40:23
Why is S. Korea mulling ease on marriage ban between blood relatives?
The debate on consanguineous marriage is heating up, as the government appears to be moving toward easing laws related to intrafamily marriage. Currently, South Korea prohibits marriage between blood relatives within eight degrees of relations (“chon” in Korean), according to the Civil Act, Article
March 3, 2024 - 13:51:17
Inside main opposition Democratic Party of Korea’s bitter faction war
The Democratic Party of Korea’s primary race for the April 10 legislative election is being tainted by a furious faction fight. As the party begins to select candidates to run for the upcoming election, nearly a dozen have left the main opposition party. Among them are long-time loyalists who have s
Feb. 29, 2024 - 17:16:12
What does Apple‘s dead car project mean for Samsung, Hyundai?
Earlier this week, Apple announced that it will ditch its decade-long car project, saying more resources will be poured into artificial intelligence in the future. An Apple-made car had long been a buzzword across industries. Carmakers had braced for a direct threat, while tech rivals had started wo
Feb. 29, 2024 - 15:34:16
Why doctors refuse to bend despite lack of public support
South Korea has enough doctors. Rather, the government should address the unfair payment structure and redistribute patients and doctors, medics say. The recent mass walkout by junior doctors has led to unprecedented disruptions in South Korea’s otherwise well-regarded medical system. Both the gover
Feb. 29, 2024 - 14:51:14
Why Korea has been so quick to adopt ‘global minimum tax’
South Korea has become one of the first countries to implement the so-called “global minimum tax rule” this year, which aims to ensure companies pay at least 15 percent tax on corporate income, regardless of where they operate. The initiative aligns with international efforts to tackle tax avoidance
Feb. 27, 2024 - 18:02:03
Will Yoon‘s ’value-up‘ drive end Korea discount?
South Korean authorities on Monday introduced a set of measures encouraging listed companies to boost their valuation as a part of efforts to shake off the so-called “Korea discount” which has been haunting the local capital market for decades. Under the “corporate value-up program,” firms listed on
Feb. 26, 2024 - 17:45:48
India: Make-or-break market for Krafton
Over 560 million Indian gamers emerge as high-spending users South Korean game developer Krafton logged surprise earnings in the fourth quarter of last year thanks to the revival of PUBG: Battlegrounds, a battle royale shooter game. In particular, Kratfon highlighted the rise of Battlegrounds Mobile
Feb. 26, 2024 - 15:47:57
Will LG Energy Solution be Tesla‘s 4680 battery crisis savior?
Four years after Tesla revealed the hyped Cybertruck, its production still lags with 1.9 million orders pending. The bottleneck stems from challenges in mass-producing what are known as 4680 battery cells, which are key to the Cybertruck’s success due to their superior energy density and cost effici
Feb. 22, 2024 - 15:35:03
Will BYD redefine EV affordability in Korea?
Even those unfamiliar with the world‘s largest electric vehicle maker BYD Auto may have noticed their commercial electric buses that have been navigating city streets in Korea since 2017. Now the Chinese automaker, known for its exceptional affordability, is reportedly entering the broader consumer
Feb. 20, 2024 - 15:45:05
Will Korea‘s new EV subsidies undercut Tesla’s edge?
Korea‘s EV policy revision could leave the Tesla Model Y facing more than a $2,800 subsidy disadvantage compared to the Hyundai Ioniq 5 The South Korean government is carrying out a strategy to boost the price competitiveness of electric vehicles from domestic automakers with a revised EV subsidy po
Feb. 15, 2024 - 17:15:07
Why NCSoft is playing coy on game revenue
Korean game developer faces harsh criticism over opaque management NCSoft announced an annual revenue of 1.78 trillion won ($1.34 billion) and operating profit of 137.3 billion last week, down 31 percent and 75 percent on year, respectively. Following the earnings announcement, the South Korean game
Feb. 13, 2024 - 15:16:26
Why Korea’s platform act faces backlash at home, abroad
Confusion ensues over preliminary designation of ‘monopolistic’ platform operators Skepticism has grown over the platform act, as the nation’s antitrust watchdog hints at a thorough review of the most contentious aspect of the bill: the preliminary designation of “monopolistic” online platform opera
Feb. 12, 2024 - 15:04:40
Why ramyeon makers still stick with ‘ramen’ marketing
Korean instant noodle boom puts decades-old industry dilemma under renewed spotlight Amid soaring exports of Korean instant noodles in recent years, a renewed spotlight has been cast on a decadeslong dilemma among local food companies -- whether or not the word “ramen” should be ditched from their m
Feb. 12, 2024 - 14:39:30
US Election: calm before the storm for Korean auto, battery makers
South Korean automakers and battery firms are closely monitoring this year‘s US presidential election and calmly bracing for negative impacts in the case of the Joe Biden administration’s Inflation Reduction Act possibly being repealed in a second Donald Trump term. The IRA, which is intended to boo
Feb. 4, 2024 - 15:25:04
