Tag: market

Hyundai-Kia See February Sales Slide 7.4% in Europe Amid Market Slowdown

Hyundai Motor Group's February car sales in Europe fell 7.4% year-over-year, maintaining fourth place in market share at 7.6%.

Europe Wants Cheaper EV Batteries, and China’s Got Them

The European EV market is recovering, but South Korean battery shipments decline, raising concerns over Chinese battery dominance.

Volkswagen’s Comeback Plan: Four Key Models to Drive Sales Growth

Volkswagen Korea aims for a sales rebound with four new models, including the ID.5 SUV and the Atlas, to boost their market position.

Dollar-Won Exchange Rate Could Top 1,450 with Trump’s Tariffs Causing Market Jitters

Woori Bank predicts the dollar-won rate may exceed 1,450 won due to tariff pressures and market reactions to trade disputes.

Bitcoin’s Long-Term Outlook Strong Despite Recent Decline, Bernstein Says

Bernstein Research suggests the recent cryptocurrency crash presents a buying opportunity, projecting Bitcoin could reach $200,000 soon.

Nvidia Faces Setback as DeepSeek Outperforms, but Huang Stays Positive About Future AI Growth

Nvidia's stock fell 17% after DeepSeek's chatbot success, but CEO Jensen Huang remains optimistic about AI demand growth.

South Korea vs. China: The Battle for TV Market Supremacy

South Korea and China solidify their dominance in the global TV market, with Chinese firms surpassing Japanese companies.

SK Hynix Soars 4% After K-Chips Act Boosts Investor Sentiment

SK Hynix shares rose nearly 4% after the “K-Chips Act” passed, boosting semiconductor tax credits and investor sentiment.

17.6 Million EVs Sold Last Year With More Than 10 Million Units Sold in China

Global EV sales surged to 17.63 million in 2023, led by BYD in China, while Tesla faced declining sales amid market shifts.

AMD’s AI Chip Sales Soar, But Still Lag Behind Nvidia’s Dominance

AMD's AI data center chip sales soared 94% to $12.6 billion, but still lag behind Nvidia's dominance in the AI semiconductor market.

Tech Turmoil: Dow, S&P, and Nasdaq Slip Ahead of Microsoft and Meta Reports

U.S. stock markets fell across the board ahead of Big Tech earnings reports released after the closing bell.

Tesla Falls Short: South Korea EV See Massive Growth in U.S. Market

In the first half of this year, sales of EVs in the U.S. auto market showed a slight decline compared to the previous year.

Samsung Outshines Rivals in the US Appliance Market

Provided by Samsung Electronics Samsung Electronics (005930) said Tuesday it will hold a 21 percent share of the U.S. home appliance market by revenue in 2023, according to market research firm Traqline. This is followed by LG Electronics with 19%, GE with 18% and Whirlpool with 15%...