Category: South Korea

How the Mohegan Tribe Lost a Billion-Dollar Casino in South Korea

The New York Times – Business:
Inspire Entertainment Resort — an alternative to Macau, the world’s gambling capital — was supposed to be a “transformational” project for the Native American tribe.
In Another Wild Day for South Korean Stocks, Market Surges 15 Percent

The New York Times – Business:
After a sharp sell-off, South Korea’s stock market rallied as concerns about overspending on artificial intelligence eased, sending the country’s chip shares higher.
BTS Won’t Enter Music From Comeback Album for Grammy Awards

The New York Times – Music:
The group’s decision comes a month after the Recording Academy announced five new award categories, including one for Best Asian Pop Music Performance.
South Korea’s Memory Chip Giant Defies A.I. Market Jitters

The New York Times – Business:
SK Hynix, a leading memory chipmaker, reported stratospheric sales and profits on Wednesday. But it was not enough to calm skittish investors.
Samsung Made More Profit Last Quarter Than the Last Two Years Combined

The New York Times – Business:
The A.I. boom has propelled the South Korean tech giant’s earnings, but its shares sank as investors had even loftier expectations.
The South Korean Mine at the Center of America’s Tungsten Push

The New York Times – Business:
Deep beneath a South Korean mountain, workers are reviving a mine that could challenge China’s grip on a metal vital to weapons, chips and industry.
How a Jet Fuel Refinery Is Scrambling After the Iran War Oil Shock

The New York Times – Business:
For a mega-refinery in Ulsan, South Korea, a top exporter of jet fuel to the West Coast of the United States and other places, weaning off Middle Eastern oil is no small feat.
The High School Pipeline to South Korea’s Chip-Making Fortunes

The New York Times – Business:
Huge memory-chip profits from the global A.I. boom have increased interest in semiconductor factory work. But behind the hype are uncertain job prospects.
Samsung Unions Approve A.I. Profit-Sharing Deal as Infighting Escalates

The New York Times – Business:
The agreement all but guarantees hefty bonuses for employees in the top-performing chip unit. Other workers say they feel left out.
Samsung Averts a Walkout With Big Bonuses, but Discord Over A.I. Profits Brews

The New York Times – Business:
Samsung Electronics, a global memory chip supplier, has been a major beneficiary of the A.I boom. It has also become the center of a debate over how to divide its spoils.
Starbucks Korea CEO Fired Over ‘Tank Day’ Ad Evoking Country’s Brutal History

The New York Times – Business:
A marketing campaign called “Tank Day” coincided with the anniversary of a military dictatorship’s crackdown on pro-democracy demonstrators.
Secret Recordings, Hidden Shares and a Family Rift at South Korea’s LG

The New York Times – Business:
An inheritance dispute over the former chairman’s estate has prompted a criminal complaint over how the dynastic chaebol family behind LG divides its assets.