Industrial

  • South Korea’s Domestic Machine Tool Orders Cut 50%

    The South Korean media outlet Korea Economic Daily reported that domestic machine tool orders in the second half of 2025 were about half of what they were in the same period last year.

    Through November 2025, domestic orders totaled US$474.93 million (697.4 billion won), nearly a 10% decrease from the previous year. In the second half of the year (July–November), orders amounted to US$117.20 million (172.1 billion won), a 47.5% decrease compared to the same period last year US$223.30 million (327.9 billion won).

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