Economics

This article was published on The Korea Times on August 16, 2023. For much of the past year there has been a focus on how the CHIPS and Science Act…

This article was published in The Korea Times on June 14, 2023. The decision by the Cyberspace Administration of China to ban Micron Technology’s semiconductors in Chinese infrastructure has put…

By Liberty Smith President Moon Jae In’s drive to create “an inclusive economy” is an ambitious objective, especially as the Korean government is simultaneously engaged in intense negotiations with North Korea and the United States. Faced with slowing growth, rising income inequality, and high youth unemployment, Moon pledged to revitalize the drivers of the economy…

By Troy Stangarone After years of success in designing and producing memory chips for cell phones, data centers, and other memory storage functions, Samsung has taken a step toward supplying processing chips for next-generation vehicles. From 2021, Samsung’s first automotive branded processor, the Exynos Auto V9, will power Audi’s infotainment system. While the partnership with…

By William B. Brown North Korea’s won has slipped ever so slightly against the dollar in recent weeks. This is not surprising given the dollar’s worldwide strength but presents an interesting conundrum for the Chosun central bank. It no doubt knows that pegged currencies could break suddenly when a small divergence, a wiggle, catches the…

By William B. Brown First, the things that I liked Overall the tone is good. The business suit and Kim’s bearing suggest an earnest man wanting to get important problems resolved and see progress on major developments that are underway. And his warnings to the United States - the possibility of negative actions if the…