Articles by Nam Kyung-don
Nam Kyung-don
don@heraldcorp.com-
[Graphic News] S. Korean carmakers’ global market share falls to 7.3% in 2022
South Korean carmakers’ global market share inched down in 2022 from a year earlier due largely to weaker sales in China and Russia, industry data showed. Local automakers accounted for 7.3 percent of vehicle sales in the world’s eight major markets last year, down from 7.7 percent in 2021, according to the data from the Korea Automobile Manufacturers Association. Their share was the fifth-largest in the world. The eight markets are the United States, Europe, China, India, Mexico, Br
Industry May 9, 2023
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[Graphic News] Number of N. Korean defectors coming to S. Korea reaches 34 in Q1
The number of North Korean defectors coming to South Korea reached 34 in the first quarter, government data showed. After escaping the North, five men and 29 women reached the South in the January-March period, bringing the total number of the North’s defectors to 33,916, according to the data from Seoul’s Unification Ministry. The data compared with 11 people in the first quarter of last year and 25 tallied in the fourth quarter. The number of North Korean defectors coming t
North Korea May 8, 2023
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[Graphic News] King Charles III’s coronation
King Charles III’s coronation will take place Saturday at Westminster Abbey in London. More than 2,200 people will attend the coronation, including international representatives from 203 countries as well as community and charity workers. During the ceremony, the king will be crowned alongside Camilla, the queen consort.
World News May 5, 2023
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[Graphic News] Son Heung-min achieves double-digit goals for 7 seasons
Tottenham Hotspur’s South Korean star, Son Heung-min, reached double-digit goal figures for his seventh consecutive season in the Premier League when he scored his 10th goal of the 2022-2023 season in the 77th minute of Tottenham’s 4-3 loss to Liverpool on April 30. Since the 2016-2017 season, Son has kept his performance consistent, including his Golden Boot-winning 2021-2022 season with a career best of 23 goals. Son is the only Asian to have won the Golden Boot in Premier
Soccer May 4, 2023
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[Graphic News] Global EV battery market to grow fivefold to $616b in 2035
The global electric vehicle battery market is forecast to post rapid growth to $616 billion in 2035, a market tracker said, with the China-based production likely to sharply shrink amid the EV-related policy revamps in the United States and Europe. The projection marks a fivefold increase from $121 billion estimated for this year, according to a report by SNE Research, a Seoul-based energy market tracker. Demand for EV battery production is expected to reach 5.3 terawatt-hours globally in 2035,
Industry May 3, 2023
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[Graphic News] About 60% of young people say unification with North Korea unnecessary
About 60 percent of South Koreans in their 20s and 30s said unification with North Korea is not necessary, a survey showed, amid the ongoing impasse in inter-Korean relations and denuclearization talks. The survey, commissioned by a civic media group called Barun Media Citizen Action, found that 61 percent of people in their 20s and 30s say Korean reunification is “not absolutely necessary.” In comparison, 24 percent of them say unification with North Korea is “absolutely neces
North Korea May 2, 2023
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[Graphic News] Jajangmyeon price soars 60 times over 5 decades
The price for a bowl of jajangmyeon, or noodles in black bean sauce, has soared more than 60 times to 6,361 won ($5) over the past five decades, according to market tracker Korea Price Information. A bowl of jajangmyeon was 100 won in 1970 when the KPI began its first survey, but it had risen to around 2,500 won in 2000. Over the last five years alone, the price has jumped 26.9 percent largely due to growing ingredient prices. The prices of flour, cooking oil, onions and cucumbers used in jajang
Consumer May 1, 2023
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[Graphic News] Nearly half of one-person households ‘poor’: report
Nearly half of single-member households are considered poor, and it is nearly 3 in 4 for senior citizens living alone, a report showed. The relative poverty rate of one-person households came to 47.2 percent in 2020, compared to 15.3 percent for all households, according to the report from the Korea Institute for Health and Social Affairs. The rate refers to the percentage of people with income below 50 percent of the median income. The figure for single-person households, however, has been decl
Social Affairs April 27, 2023
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[Graphic News] Global PC shipments plunge 29% in rough economy
Shipments of Apple Macs plunged during the first quarter of this year as the global personal computer market suffered due to tough economic conditions, a market research report said. Weak demand, excess inventory and a worsening macroeconomic climate contributed to a “precipitous drop in shipments of traditional PCs” in the first three months of this year, according to the report from IDC. PC shipments globally tallied 56.9 million, some 29 percent less than the same period a year ea
World Business April 26, 2023
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[Graphic News] India’s population to overtake China
India is poised to overtake China as the world’s most populous nation, with almost 3 million more people than its neighbor by the middle of this year, data released by the United Nations showed. India’s population by mid-year is estimated at 1.4286 billion, against 1.4257 billion for China - 2.9 million fewer - in the United Nations Population Fund’s “State of World Population Report” for this year. The United States is a distant third, with an estimated population
World News April 25, 2023
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[Graphic News] K-pop generates 8 of world’s 10 most-sold albums in 2022
Eight of the top 10 bestselling albums worldwide last year were K-pop albums, a global album sales chart showed. According to the Global Album Sales Chart 2022 released by the International Federation of the Phonographic Industry, an organization that represents the interests of the recording industry worldwide, albums by K-pop acts swept eight of the top 10 positions on the chart. The IFPI Global Album Sales Chart ranks the biggest albums of the year based on the number of units sold across all
K-pop April 21, 2023
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[Graphic News] Ukraine’s GDP fell 29.1% in 2022 during Russia’s invasion
Ukraine’s gross domestic product fell by 29.1 percent in 2022 as Russia’s full-scale invasion battered the economy, the state statistics service said. The final 2022 GDP figure was slightly better than the 30 percent drop previously forecast by the government. Russia’s economy contracted by 2.1 percent last year, shrinking less than expected despite sanctions imposed by European nations and the United States. Moscow’s February 2022 invasion has killed tens of thousands, u
World Business April 20, 2023
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[Graphic News] Over 400 human rights activists murdered in 2022
A total of 401 human rights activists were killed in 2022, and about half of the killings took place in Colombia, according to the Guardian. The UK daily quoted Front Line Defenders, a human rights group, and said Colombia’s 186 killings were followed by Ukraine (50), Mexico (45), Brazil (26) and Honduras (17) in that order. The figure of 401 deaths across 26 countries in 2022 was a jump from 358 deaths in 30 countries the previous year. Colombia saw more than three times the number of suc
World News April 19, 2023
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[Graphic News] 441 wildfires in Korea so far this year
The number of large and small forest fires in Korea has increased every year over the past decade. On April 11, A massive wildfire hit the northeastern coastal city of Gangneung, Gangwon Province, destroying about 70 homes and buildings, and burning woodland the size of 530 soccer fields. President Yoon Suk Yeol designated Gangneung a special disaster zone on April 12 after the eastern coastal city was ravaged. According to the Korea Forest Service, 441 forest fires have occurred nationwide this
Social Affairs April 18, 2023
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[Graphic News] Smartphone sales slide
Sales of smartphones in South Korea fell 6 percent last year from a year earlier, industry data showed. Samsung Electronics, the world’s leading smartphone maker, saw its smartphone sales decline 2 percent on-year in its home country in 2022, while sales of Apple’s iPhone inched down 0.4 percent from a year ago, market analyst firm Counterpoint Research said. Sales of others tumbled 71 percent on-year last year due to a base effect stemming from LG Electronics’ exit from the mo
Consumer April 17, 2023
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