South Korea

Intelligence for Better Decision Making

SK Group Achieves Record Export Growth on Surging Semiconductor Sales
Nov. 26, 2025 | Firms

SK Group’s export performance has surged this year, driven by strong semiconductor sales and strategic investments.

**Through the first three quarters, SK Group shipped goods worth 87.8 trillion won abroad, a nearly 20 percent increase from the same period last year.**
This pace puts the company on track to achieve roughly 120 trillion won in exports by year’s end, surpassing last year’s total of 102.5 trillion won and establishing a new record high.

**SK Hynix emerged as the primary engine of this growth, accounting for 65 percent of the group’s exports through September, up from 54 percent a year earlier.**
Strong demand for high-value memory semiconductors, especially high-bandwidth memory (HBM), drove SK Hynix’s export revenues to 56.7 trillion won in the first three quarters and underpinned the group’s overall performance.

**This chip-driven expansion also boosted South Korea’s national export figures.**
In the third quarter alone, the country’s exports reached $185 billion—the highest quarterly total since 2010—with semiconductors contributing $46.6 billion of that amount and cementing advanced memory products at the center of its trade success.

**SK Hynix’s financial turnaround amplified its tax contributions and market standing.**
Corporate tax payments jumped to 4.3 trillion won through September, compared with just 94 billion won in the same period last year. Meanwhile, the company’s market capitalization climbed to 379 trillion won, making it the second-largest domestic firm by market value.

**Since acquiring SK Hynix in 2012, Chairman Chey Tae-won has driven a restructuring and diversification strategy across the group.**
SK Group now targets high-growth sectors such as artificial intelligence, semiconductors, energy and biotechnology, plans to invest 128 trillion won domestically by 2028, and aims to hire more than 8,000 new employees each year.
Samsung Affiliates Implement 2026 Executive Promotions Amid Shifting Market and Strategic Priorities
Nov. 26, 2025 | Firms

Samsung's electronics affiliates have finalized their 2026 executive appointments, reflecting variations in scale and strategic focus across the conglomerate’s businesses.

**Samsung Electronics elevated 161 individuals—51 to vice president, 93 to senior vice president, one to Fellow, and 16 to Master—reversing a five-year decline and adding 24 more promotions than in 2025.**
The rise in semiconductor performance and advances in AI and robotics drove many of these appointments. Samsung Electronics heavily promoted R&D personnel in its Device Experience division, naming Lee Yun-su to oversee personalized data platforms and GPU AI optimization, Choi Go-eun to lead autonomous robotics, and Lee Seong-jin to advance language AI technology. In the Visual Display division, Kim Dae-young earned a vice presidency for work on quantum dot and OLED displays. In Device Solutions, Samsung advanced several senior vice presidents in their 30s, reflecting a merit-based generational transition. The company plans to announce organizational restructuring and detailed role assignments following these promotions.

**At Samsung SDS, management promoted 10 executives—two to vice president and eight to executive director—to drive AI platforms, agent-based services, and the cloud business.**
Selection criteria emphasized long-term potential and digital transformation capabilities, relying on proven results at domestic and international sites rather than short-term metrics. Kim Jung-wook now leads strategy and marketing consulting as vice president, and Lee Tae-hee heads the AI research team in the same rank. The new executive directors will oversee manufacturing consulting, software competitiveness, generative AI, cloud services, ERP systems, logistics digitalization, and talent management. Samsung SDS aims to accelerate its enterprise AI transformation business by integrating generative AI and agent technologies into corporate workflows and unifying cloud migration with logistics digitalization.

**Samsung Display promoted 23 executives—eight to vice president, 13 to director, and two to Master—under a “selection and concentration” strategy to bolster technological competitiveness and secure future revenue streams.**
Most appointees came from the Small- and Medium-sized Display Business division, focusing on OLED materials, foldable panel mass production, IT panels, and optical analysis tools for XR devices. New vice presidents in Process Development, Global Operations, and Module Development improved OLED performance, production efficiency, and foldable display manufacturing. Continuing its diversity efforts, Samsung Display elevated Ahn Na-ri to vice president of analytical technology and Jang Ha-yeon to director of legal affairs and intellectual property.

**In contrast, Samsung SDI and Samsung Electro-Mechanics reduced their promotion counts amid performance challenges and market uncertainties.**
Samsung SDI, after four consecutive quarters of losses, promoted eight executives—the fewest since 2017—focusing on technical expertise and leadership to navigate volatile conditions. Samsung Electro-Mechanics also selected eight executives, prioritizing technical talent capable of responding to global uncertainties and positioning the company to capitalize on anticipated AI-driven demand improvements.

**The affiliates’ leaders retained their presidential roles, signaling a preference for stable top-level leadership as they pursue performance recovery and strategic transformation.**
Meanwhile, LG Group plans its executive changes for November 27, and Hyundai Motor Group expects to maintain continuity over major management overhauls in light of external uncertainties.

Monitored Intelligence for South Korea - Nov. 26, 2025


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44 Billion Won MQ-9 'Reaper' Drone Crashes Off Gunsan Coast

Chosun Ilbo | English | News | Nov. 26, 2025 | Accidents

A U.S. MQ-9 Reaper drone crashed off the coast of Gunsan, South Korea, on the morning of November 24th while conducting a routine mission. The drone belonged to the 431st Expeditionary Reconnaissance Squadron stationed at Kunsan Air Base and had been operating on the Korean Peninsula for about two months since its deployment in September. No civilian casualties or property damage were reported, and the cause of the crash is under investigation.

The MQ-9 Reaper, valued at approximately 44 billion Korean won (30 million USD) per unit, is an unmanned reconnaissance and attack aircraft known for its advanced intelligence, surveillance, and reconnaissance capabilities. It can conduct long-duration missions day and night, using synthetic aperture radar and infrared detection at altitudes up to 50,000 feet, even in adverse weather.

The MQ-9’s deployment on the Korean Peninsula is part of the U.S. commitment to regional security and is intended to support joint South Korea-U.S. missions. It is believed to monitor North Korea as well as China’s growing presence in the West Sea and Yellow Sea. Military sources indicated the crash resulted from a loss of control during the mission, with no evidence suggesting North Korean GPS jamming caused the incident.

Time Preference Estimation in Korea: Focusing on the Impact of Age

Korea Development Institute | English | AcademicThink | Nov. 26, 2025 | UndeterminedDemographics

The study analyzes the relationship between time preference and age in South Korea, identifying a U-shaped pattern where time preferences are lowest between ages 45 and 50. It incorporates both theoretical review and empirical survey data to support its findings.

Educational attainment significantly influences time preferences. College graduates exhibit lower and more consistent time preferences across age groups compared to individuals with a high school education or less. Similarly, life insurance policyholders and those with high financial literacy display lower and more stable time preferences.

These findings challenge the traditional economic assumption that time preferences are fixed and exogenous. The study advocates for life-cycle targeted policies that address savings, education, financial practices, and information provision, emphasizing the endogenous nature of time preferences and the need for customized policy approaches.

LG화학, '전고체 배터리' 상용화 핵심 기술 개발

LG Chem develops core technology for commercialization of solid-state batteries

ZD Net Korea | Local Language | News | Nov. 26, 2025 | UndeterminedTech Development/Adoption

LG Chem announced on November 25, 2025, that it has developed a technology that significantly enhances the performance of solid-state batteries by uniformly controlling the particle size of the solid electrolyte, a critical component of these batteries. The research, published in Advanced Energy Materials, was conducted jointly with Professor Tae-Seop Song's team at Hanyang University and is seen as a major step toward the commercialization of solid-state batteries.

Solid-state batteries replace the liquid electrolyte found in conventional lithium batteries with a solid electrolyte, which offers safety and high energy efficiency benefits. However, non-uniform particle sizes in the solid electrolyte can create gaps within the battery cell, leading to performance degradation. LG Chem’s new spray recrystallization method produces uniformly sized spherical electrolyte particles by spraying the electrolyte solution into fine droplets and evaporating the solvent, improving lithium-ion movement and reducing internal gaps.

The uniform electrolytes created by this method adhere better to the cathode material, resulting in about a 15% increase in basic battery capacity and a 50% increase in high-rate discharge capacity, a critical metric for high-power device applications. LG Chem intends to use this technology to accelerate solid electrolyte development and push further toward solid-state battery commercialization.

Shin Hak-cheol, LG Chem's Vice Chairman, highlighted the achievement as a resolution of a core challenge for commercializing solid-state batteries and stated the company’s commitment to strengthening its competitiveness in next-generation battery technologies and leading the global market.

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