The Chosun Ilbo

The Chosun Ilbo made its debut in 1920 and is proud to celebrate nearly 100 years of outstanding journalism, thanks to the loyal support of our readers throughout the years. Our journey has been shaped by the shared experiences of joy and sorrow with many generations of our audience. With a solid foundation in news reporting, we have developed into one of Korea's leading media organizations, Chosun Media, which includes various subsidiaries across broadcasting, digital media, and publishing.

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Articles

Elderly Now Keener on Cars Than Young People

Dec 14, 2023 | english.chosun.com | Kim A-sa

Elderly Koreans bought more cars than those in their 30s for the first time this year as demographics and their values shift. Over-65s bought 247,407 cars in the first 11 months of this year, while those in their 30s bought only 205,040. This is partly due to an aging population and the shrinking young population due to a persistently low birthrate.
Korea Suffers 1st Trade Deficit with China in 3 Decades

Dec 13, 2023 | english.chosun.com | Jo Jae-hee

Korea has suffered a trade deficit with its biggest market China this year for the first time in 31 years. According to the Ministry of Trade, Industry and Energy on Wednesday, Korea's exports to China totaled $114 billion in the first 11 months of this year, while imports amounted to $132 billion, resulting in an $18 billion deficit. The monthly trade balance began with a $3.9 billion deficit in January and stayed in the red since.
Bibimbap Tops Google Recipe Searches

Dec 12, 2023 | english.chosun.com | Lee Hae-in

Bibimbap, the Korean rice bowl with sautéed vegetables, chili paste and beef or other meat, was the most searched recipe on Google worldwide this year. Next came Spain's espeto or fish skewers and the Indonesian porridge called papeda. Bibimbap searches were particularly high in India, followed by Singapore, Sweden, the Philippines and Malaysia. The surge is probably due to the popularity of Korean TV dramas, which tend to feature a lot of eating.
Korea Improves Electric-Car Infrastructure

Dec 10, 2023 | english.chosun.com | Kim A-sa

Korea has dramatically improved its readiness for the transition to electric vehicles. It jumped 10 places to become the eighth-most EV-ready country out of 40 countries in rankings by global market researcher Euromonitor International last week. Korea scored 60 points overall in the annual Electric Vehicle Readiness Index in four categories -- EV market maturity, infrastructure maturity, cost of ownership and consumer spending power.
Pump Prices Keep Dropping

Dec 10, 2023 | english.chosun.com | Jo Jae-hee

The prices of gasoline and diesel have dropped for the ninth consecutive week at Korea's gas stations. According to Korea National Oil Corporation on Sunday, gasoline prices fell W14.7 to W1,626.6 per liter in the first week of December while diesel fell W21.2 to W1,563.8 (US$1=W1,307).
Pump Prices Fall for Another Week

Dec 3, 2023 | english.chosun.com | Jo Jae-hee

Gasoline and diesel prices have been falling for eight weeks at Korea's filling stations. According to Korea National Oil Corporation on Sunday, gasoline prices fell by W18.9 nationwide in the last week of November, reaching W1,641.2 per liter (US$1=W1,306). That was approximately 8.6 percent lower than in the first week of October, which was the highest weekly average of the year at W1,795.99. Men fill up their cars at a gas station in Seoul on Sunday.
Kia EV9 Garners Rave Reviews Overseas

Dec 3, 2023 | english.chosun.com | Kim A-sa

Kia's large electric SUV, the EV9, is getting rave reviews in overseas markets although it has been struggling with sluggish sales in Korea. The EV9 won Denmark's Car of the Year Innovation Award by the Association of Danish Motor Journalists, which said it is Kia's finest car in all areas including design, technology, quality and performance. The vehicle was also named the Car of the Year by Spanish daily La Vanguardia.
Hyundai Chief Picked as Auto Industry Leader of the Year

Nov 27, 2023 | english.chosun.com | Kim A-sa

Hyundai chairman Chung Eui-sun has been picked as industry leader of the year by U.S. magazine Automotive News. Each year, the venerable car magazine selects around 30 "All-Stars" in the global car industry and one of them is crowned "Industry Leader."Past picks include Sergio Marchionne, who led Fiat Chrysler, Mary Barra, the CEO of General Motors, and Ford chairman Bill Ford.
Hyundai to Bring Back LPG Pickup Truck

Nov 22, 2023 | english.chosun.com | Kim A-sa

Hyundai is set to bring back the LPG version of its Porter pickup truck after a hiatus of about 20 years. The revival comes ahead of an impending restriction on registering diesel trucks for delivery use, effective from January of next year. Replacing the discontinued 2003 version, the new model boasts enhanced performance and features. Its engine features a 24-horsepower increase over its diesel counterpart.
Samsung Hastens Release of New Flagship Phone

Nov 22, 2023 | english.chosun.com | Lee Hae-in

Samsung is determined to steal a march on rivals by releasing the new flagship Galaxy S24 smartphone on Jan. 17 in San Jose, California, industry sources said Wednesday. No premium phone has ever been launched so shortly after Christmas. Samsung used to release its new top-range gadgets in spring, but release dates are increasingly being pulled up as competition in a saturated market intensifies. It unveiled the S8 on March 29, the S9 on Feb. 25, the S10 on Feb. 20 and S20 on Feb. 11.