Press Releases
Looking for more press releases? Explore our full press release archive by date to access past announcements, news updates, and media releases published on Industry Times of South Korea.

Automotive Sunroof Drives Market to Grow 73.7% by 2035 with Rising EV Integration and Premium Cabin Enhancements
OEM fitments, panoramic sunroofs, and brushless motor adoption drive long-term market expansion across global vehicle platforms NEWARK, DE, UNITED STATES, August 18, 2025 /EINPresswire.com/ -- The global automotive sunroof drives market is set...

Liquid Hydrogen Micro Bulking Systems Market to Reach $738.6 Million by 2034, Fueled by Clean Energy Demand
🌍 Liquid Hydrogen Micro Bulking Systems Market Set for 9% CAGR Growth as Hydrogen Economy Expands WILMINGTON, DE, UNITED STATES, August 11, 2025 /EINPresswire.com/ -- According to a recent Allied Market Research report, the global liquid...

Hydrogen Market to Reach USD 250 Billion by 2035, Growing at 4.17% CAGR on Clean Energy Push
The hydrogen market was valued at USD 153.08 billion in 2023 and is projected to grow to USD 250 billion by 2035 NEW YORK, NY, UNITED STATES, August 11, 2025 /EINPresswire.com/ -- As per MRFR Analysis, the hydrogen market was valued at USD...

South Korea’s Industrial Production Bounces Back in June
(MENAFN) South Korea’s industrial production bounced back in June, propelled by increased manufacturing in semiconductors and automobiles, data from Statistics Korea revealed Thursday. Excluding agriculture, livestock, and fisheries, the...

South Korea, US Conclude Trade Deal
(MENAFN) President Donald Trump declared that the United States has completed a trade agreement with South Korea, which includes a 15% duty on products brought in from Seoul. Alongside this, South Korea has committed to allocating $350 billion...

South Korea Records 13 Fatalities Linked to Heatwaves in 2025
(MENAFN) South Korea has recorded approximately 13 fatalities linked to heat-related illnesses this year as extreme heat waves continue to sweep across the country, media reported on Wednesday. Since mid-May, when the government initiated a...

South Korea Reports 7.8 Percent Surge in Retail Sales
(MENAFN) Retail sales in South Korea experienced a solid single-digit increase in the first half of the year, driven primarily by a sharp rise in online demand for food, daily essentials, and services, government figures revealed Wednesday. Data...

South Korea’s Bank Lending Rates Dip for Seventh Month in Row
(MENAFN) South Korea’s bank lending rates have declined for the seventh consecutive month, reflecting ongoing reductions in the central bank’s policy rate, official data released Wednesday confirmed. The Bank of Korea (BOK) reported that the...

South Korea Urges Resuming North Korea Talks
(MENAFN) South Korea’s National Assembly Speaker, Woo Won-shik, emphasized the necessity of reviving dialogue between the two Koreas on Wednesday, despite the continuing strains in their relationship, according to a news agency. During his address...

South Korea Posts Increase in Real Wages
(MENAFN) South Korea’s inflation-adjusted real wages increased for the third consecutive month in May, official data released Wednesday revealed. The Ministry of Employment and Labor reported that the average nominal monthly wage per person in...

South Korea Improves Air Defense System
(MENAFN) On Monday, South Korea announced the successful upgrade of its Cheongung-I air defense system to the more advanced Cheongung-II system, which is now capable of intercepting both ballistic missiles and aircraft, according to a local media...

South Koreans’ Average Sleep Time Dips in 2024
(MENAFN) South Koreans are sleeping less for the first time in decades, according to newly released government data, with more people struggling to fall asleep in 2024. The average daily sleep duration for individuals aged 10 and older dropped to...

South Korea Sees Increase in Corporate Bond Sales
(MENAFN) South Korea experienced a notable increase in corporate bond sales during the first half of the year, driven by heightened funding needs across both industrial and financial sectors, according to data released Monday by the Financial...

South Korea Reports Ex-Lawmaker Found Dead on Hillside
(MENAFN) A former South Korean provincial lawmaker under investigation for alleged connections to ousted President Yoon Suk Yeol has been discovered dead, according to local media reports on Monday. Choi Ho, once a member of the Gyeonggi...

South Korea’s Foreign Population Reaches All-Time High
(MENAFN) South Korea has reached a new peak in its foreign resident population, with the total number climbing to 2.73 million, according to government statistics reported by a news agency on Sunday. The report revealed that nearly one out of...

South Korea Sees Unprecedented 2.73M Surge in Foreign Population
(MENAFN) South Korea's foreign resident population soared to an unprecedented 2.73 million, with Chinese nationals accounting for roughly one-third, according to media, which referenced official government data on Sunday. By the close of June,...

South Korea, Japan Vow Stable Relations
(MENAFN) South Korea’s new Foreign Minister Cho Hyun conducted his inaugural phone discussion Thursday with Japanese Foreign Minister Iwaya Takeshi, according to a statement from the Japanese Foreign Ministry. Both officials reaffirmed their...

DAESHIN MC Brings Innovative Cleaning Technology to Philippine Industrial Hygiene Market
SEOUL, SOUTH KOREA, August 8, 2025 /EINPresswire.com/ -- South Korean environmental technology specialist DAESHIN MC has launched full-scale deployment of cleaning solutions to address hygiene challenges in Philippine industrial sites and public...

Trump reveals major trade deal with South Korea
(MENAFN) U.S. President Donald Trump has announced the completion of a new trade agreement with South Korea, which includes a 15% tariff on goods imported from Seoul. The deal also secures $350 billion in U.S.-controlled South Korean investments...

Trump, South Korea reach trade deal with fifteen per cent tariffs
(MENAFN) U.S. President Donald Trump announced on Wednesday that the United States and South Korea have finalized a “full and complete” trade agreement, which includes imposing a 15 percent tariff on South Korean exports. In a post on his Truth...