Global chip revenue up only 1.1 pct in 2022: report

SEOUL-- Global semiconductor revenue grew only around 1 percent on-year last year, a recent report showed Thursday, with the memory chip sector suffering the most.According to tech research firm Gartner,…

KSOE bags 626.7 bln-won order for 2 LNG carriers

SEOUL-- Korea Shipbuilding & Offshore Engineering Co. (KSOE) said Thursday it has bagged a 626.7 billion-won (US$505 million) order to build two liquefied natural gas (LNG) carriers from an Oceanic…

Seoul shares up on foreign buying, Samsung rise

SEOUL-- South Korean stocks snapped the two-day losing streak to close higher Thursday as foreigners went into buying mode despite worries over a recession reignited by weak U.S. economic data,…