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A visitor looks at products at Amorepacific's booth at a beauty and wellness event held in Gyeongju Oct. 28. [NEWS1]

K-beauty in crisis? China, once Korea's largest export market, narrows the gap with its own cosmetics push.

After years of rapid growth fueled by China, Korea’s beauty industry is reshaping its global ambitions, turning to the United States and Europe as Chinese competitors narrow the gap in competition and global competition intensifies.

2025.12.25

Samsung Electronics CEO and Vice Chairman Han Jong-hee speaks during the company's kick-off ceremony for the new year, held Tuesday in Suwon, Gyeonggi. [SAMSUNG ELECTRONICS]

Samsung, Korean conglomerates prioritize AI innovation, sustainability in 2024

Samsung and other Korean conglomerates prioritize AI innovation, sustainability, and demographic-driven changes for 2024, focusing on overcoming challenges in evolving markets and pursuing global expansions.

2024.1.2

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Beauty products are displayed at a cosmetics store in downtown Seoul. [YONHAP]

The masks are off, but beauty spending remains low

Korean cosmetics spending remains weak due to inflation and the popularity of 'natural' makeup looks, benefitting smaller, budget-friendly sellers like Daiso, Tony Moly and Missha.

2023.12.26

Visitors queue at a Chinese visa service center in downtown Seoul on Thursday. The visa requirements for short-term Korean travelers to China were to be simplified starting Friday. [YONHAP]

Businesses hopeful as China lifts group travel ban to Korea

Chinese tour groups may flood the streets of Seoul from as early as Friday with China lifting its ban on group tours to Korea for the first time in six years.

2023.8.10

A rendered image of LG Household & Health Care's temporary tattoo printing device, Imprintu (above, in green), and Prinker Korea's tattoo printing device [YONHAP]

Local startup accuses LG Household & Health Care of idea theft

Prinker Korea, a Korean startup, claimed Monday that LG Household & Health Care has stolen the idea of its customized tattoo printing device, called Prinker M, and created a copycat product.

2023.2.28

LG Household & Health(LG H&H)'s temprorary tattoo printer Imprintu will be displayed at the MWC 2023 in Barcelona [LG H&H]

LG H&H to display portable tattoo printer at MWC tech fair

MWC, or Mobile World Congress, is the world’s largest connectivity event held in Barcelona, Spain. This year’s MWC will run for four days from Feb. 27, Monday, under the theme of “Velocity: Unleashing tomorrow’s technology — Today."

2023.2.20

Moda Moda's Pro-Change Black shampoos are sold at a discount mart in Seoul on July 4. [NEWS1]

Dye shampoos take root despite health risks

Manufacturers of all sizes are jumping on the hair-dye shampoo bandwagon, mesmerized by Moda Moda’s success and undeterred by a toxicity scare.

2022.9.3

An Amorepacific store at Bloomingdale's in the United States [AMOREPACIFIC]

Korean cosmetics companies shift focus to U.S., Japan

Korean cosmetic brands, which have been heavily reliant on the Chinese market, are shifting their focus to the United States and Japan to strengthen their global presence.

2022.6.19