South Korea has unveiled plans for a new law that will bring cryptocurrencies and other digital assets into the country’s state asset management framework, expanding rules that have remained largely unchanged for more than seven decades. South Korea’s Ministry of…

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A bombshell report from the Bank of America has just demolished the fallacy that new memory supply is just around the proverbial corner, with SK hynix now likely to bring online just around one-sixth of its initially envisaged production capacity additions by 2028. According to a Taiwanese memory chip industry insider, Samsung and SK hynix will only be able to bring their massive new fabs at Gwangju and Jeolla fully online after a decade We already know that South Korea's President, Lee Jae-myung, wants the country's memory capacity doubled by 2030, and has touted massive new fabs that Samsung and […]

Read full article at https://wccftech.com/sk-hynix-may-add-just-one-sixth-of-its-planned-new-memory-capacity-by-2028-handing-ammunition-to-the-dram-price-fixing-lawsuit/

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Imported eco-friendly cars make up 86.4% of sales, with subsidies covering EVs under KRW 53 million (US$35,000).

SK Hynix plans to invest nearly US$4 billion in an AI memory R&D facility in Indiana.

The company said Rocket Pay will support bank accounts, credit cards, and debit cards.

Hanwha Investment & Securities said SCK Company’s Q2 sales likely fell 18% year on year to 653.7 billion won (US$431 million).

The update is rolling out in stages to US-made Model 3 and Model Y vehicles with the feature activated.

The fee pool equaled about 0.97% of proceeds, above the 0.67% banks earned on SpaceX’s US$75 billion initial public offering last month.

South Korea has launched its first government-backed blockchain stablecoin pilot after Gyeonggi Province confirmed an eight-month proof-of-concept program scheduled to begin in August. According to blockchain media outlet NexBlock, Gyeonggi Province, the country’s most populous province, will begin testing a…

The BYD Dolphin is the 2nd best-selling foreign model in South Korea in June.

The South Korean new light vehicle market is up by a robust 9.5% year-on-year in June to 159,348 units. This is divided into 121,289 units (+3%) for local carmakers and 38,059 (+37%) for foreigners. The H1 2026 tally is up 2.5% to 845,356, including 661,343 domestic brands (-3.7%) and 184,013 foreigners (+33.2%). Kia (+18.7%) has now been the #1 brand at home for 6 straight months, having established its dominance over sister brand Hyundai (-2.5%) in difficulty again. Kia is almost 27,000 units ahead of Hyundai YTD, which should ensure a Full Year victory. In third place for the 5th straight month, Tesla continues to shine with sales up 74.4% to 7% share and above the 10,000 unit-mark for the 4th month in a row. BYD (+2014.5%) smashes its records to #7 with 4,652 sales and 2.9% share (Previous best was reached last April at #9 with 2,023 sales and 1.3% share).

In the local models ranking, the Hyundai Grandeur (+80.4%) soars to pole position for the first time this year, dislodging the Kia Sorento (+8.1%) which remains the faraway YTD leader. The Kia Seltos (+31.1%) is up seven spots on May to #3, the nameplate’s first podium finish after 84 months in market. Its previous best was #4 hit in September 2019 and October 2024. The Carnival (-6.7%) and Sportage (-2.9%) ensure there are four Kia models in the Top 5. The Kia EV5 is the most popular recent launch and repeats at a record #13. The Tesla Model Y (+49.1%) once again obliterates the foreign models charts with over 9,000 sales. The event of the month is the arrival at #2 of the BYD Dolphin (+35 spots on last month), with the BMW 5 Series (+0.5%), Mercedes E Class (-18.5%) and GLC (-20.8%) rounding out the Top 5. BYD also places the Sealion 7 at #6 and the Atto 3 at #14.

Previous month: South Korea May 2026: Tesla Model Y first foreign model to top charts outright

One year ago: South Korea June 2025: Kia Sorento and Hyundai Avante on top

Full June 2026 Top 30 All brands, Top 52 All local models and Top 50 foreign models below.

South Korea June 2026 – brands:

Pos	Brand	Jun-26	%	/25	May	2026	%	/25	Pos	FY25
1	Kia	54,981	34.5%	+ 18.7%	1	296,479	35.1%	+ 7.0%	1	2
2	Hyundai	50,296	31.6%	– 2.5%	2	269,689	31.9%	– 8.2%	2	1
3	Tesla	11,119	7.0%	+ 74.4%	3	56,139	6.6%	+ 192.2%	3	6
4	Genesis	7,936	5.0%	– 24.1%	5	47,024	5.6%	– 23.1%	4	3
5	BMW	6,569	4.1%	+ 0.2%	4	39,150	4.6%	+ 2.3%	5	4
6	Mercedes	5,565	3.5%	– 7.8%	6	29,776	3.5%	– 8.6%	6	5
7	BYD	4,652	2.9%	+ 2014.5%	12	11,675	1.4%	+ 807.9%	9	16
8	KGM	3,637	2.3%	+ 19.6%	7	21,807	2.6%	+ 19.0%	7	8
9	Renault Korea	3,400	2.1%	– 32.2%	8	21,187	2.5%	– 24.5%	8	7
10	Audi	1,772	1.1%	+ 70.1%	9	7,337	0.9%	+ 49.4%	12	12
11	Lexus	1,694	1.1%	+ 37.7%	10	7,819	0.9%	+ 3.0%	10	10
12	Volvo	1,679	1.1%	+ 57.4%	11	7,470	0.9%	+ 10.4%	11	9
13	Toyota	1,401	0.9%	+ 73.2%	14	5,187	0.6%	+ 15.3%	13	14
14	GM Korea	1,039	0.7%	– 17.8%	15	5,157	0.6%	– 35.7%	14	11
15	Mini	836	0.5%	+ 7.9%	16	4,091	0.5%	+ 19.7%	16	15
16	Porsche	716	0.4%	– 32.2%	13	4,322	0.5%	– 25.0%	15	13
17	Volkswagen	602	0.4%	– 16.0%	17	2,804	0.3%	+ 4.5%	17	18
18	Polestar	433	0.3%	+ 65.9%	19	2,412	0.3%	+ 74.0%	19	20
19	Land Rover	426	0.3%	– 15.6%	18	2,460	0.3%	– 1.8%	18	17
20	Ford	74	0.0%	– 78.1%	27	335	0.0%	– 87.3%	23	19
21	Jeep	72	0.0%	– 71.4%	24	547	0.1%	– 41.1%	20	21
22	GMC	67	0.0%	+ 458.3%	23	477	0.1%	+ 300.8%	21	30
23	Peugeot	65	0.0%	– 31.6%	26	328	0.0%	– 26.9%	24	24
24	Lamborghini	64	0.0%	+ 28.0%	22	215	0.0%	+ 3.4%	28	26
25	Lincoln	59	0.0%	– 37.2%	20	322	0.0%	– 54.2%	25	23
26	Bentley	58	0.0%	+ 141.7%	28	227	0.0%	+ 95.7%	27	27
27	Cadillac	52	0.0%	– 18.8%	25	318	0.0%	– 2.8%	26	25
28	Honda	47	0.0%	– 66.9%	21	399	0.0%	– 65.4%	22	22
29	Ferrari	20	0.0%	– 23.1%	29	115	0.0%	– 37.5%	29	28
30	Rolls-Royce	15	0.0%	+ 15.4%	30	86	0.0%	– 13.1%	30	31
–	Total local manufacturers	121,289	76.1%	+ 3.0%	–	661,343	78.2%	– 3.7%	–	–
–	Total foreign manufacturers	38,059	23.9%	+ 37.0%	–	184,013	21.8%	+ 33.2%	–	–
–	Total market	159,348	100.0%	+ 9.5%	–	845,356	100.0%	+ 2.5%	–	–

South Korea June 2026 – local models:

Pos	Model	Jun-26	/25	May	2026	/25	Pos	FY25
1	Hyundai Grandeur	10,062	+ 80.4%	2	38,390	+ 14.1%	2	5
2	Kia Sorento	8,561	+ 8.1%	1	55,426	+ 8.4%	1	1
3	Kia Seltos	6,685	+ 31.1%	9	23,545	– 18.6%	9	9
4	Kia Carnival	6,267	– 6.7%	4	30,202	– 28.9%	5	3
5	Kia Sportage	6,176	– 2.9%	3	31,263	– 17.9%	3	4
6	Hyundai Sonata	5,102	+ 21.0%	6	30,339	+ 17.4%	4	11
7	Hyundai Avante	4,316	– 42.3%	5	28,668	– 27.6%	6	2
8	Hyundai Palisade	4,211	– 23.0%	23	19,667	– 36.1%	12	6
9	Kia Ray	4,159	– 2.4%	7	24,380	– 3.5%	8	12
10	Hyundai Santa Fe	4,068	– 25.3%	11	20,511	– 36.4%	10	7
11	Hyundai Porter	3,828	– 12.0%	8	25,955	– 8.5%	7	8
12	Hyundai Tucson	3,285	– 26.2%	20	20,482	– 23.2%	11	10
13	Kia EV5	3,192	new	13	15,965	new	17	49
14	Kia K5	3,150	+ 9.6%	16	15,747	– 9.7%	18	16
15	Hyundai Kona	3,077	+ 16.7%	21	17,874	+ 23.1%	14	19
16	Hyundai Staria	3,035	– 20.1%	22	14,892	– 25.6%	20	15
17	Genesis G80	2,944	– 16.9%	18	16,928	– 23.8%	15	13
18	Kia EV3	2,838	+ 50.6%	10	18,431	+ 47.2%	13	22
19	Kia Bongo	2,531	– 12.7%	12	16,415	– 8.6%	16	17
20	Genesis GV70	2,428	– 19.1%	24	14,067	– 17.9%	21	18
21	Hyundai Bus/Truck	2,375	+ 54.4%	19	10,532	+ 31.9%	26	23
22	Kia PV5	2,349	new	15	15,000	new	19	45
23	Kia K8	1,981	– 18.2%	25	10,965	– 27.3%	25	21
24	Kia Morning	1,919	+ 59.4%	17	11,995	+ 82.1%	22	25
25	Kia Niro	1,880	+ 86.7%	29	8,461	+ 27.5%	29	27
26	Genesis GV80	1,840	– 37.7%	26	11,693	– 29.1%	24	20
27	Hyundai Ioniq 5	1,694	+ 13.8%	14	11,894	+ 73.2%	23	26
28	Hyundai Casper	1,485	+ 23.2%	27	8,266	+ 8.9%	30	24
29	KGM Musso	1,333	+ 209.3%	33	7,975	+ 373.6%	31	44
30	Renault Korea Filante	1,324	new	31	9,624	new	27	–
31	Hyundai Ioniq 9	1,318	+ 71.8%	28	7,239	+ 100.6%	33	33
32	Renault Korea Grand Koleos	1,313	– 68.0%	30	8,519	– 63.1%	28	14
33	Hyundai Venue	1,123	+ 3.4%	36	5,578	+ 12.1%	34	28
34	Kia EV4	1,019	– 5.0%	32	7,726	+ 135.8%	32	34
35	Chevrolet Trax Crossover	842	– 16.1%	39	4,206	– 34.0%	38	29
36	Kia EV6	820	+ 12.8%	35	5,297	+ 10.2%	35	30
37	Hyundai Ioniq 6	773	+ 14.7%	34	4,975	+ 68.4%	36	42
38	Renault Korea Arkana	763	+ 56.7%	42	2,686	+ 17.4%	43	40
39	KGM Torres	624	– 4.6%	47	2,381	– 48.1%	44	31
40	Kia Bus/Special	603	+ 424.3%	37	2,019	+ 184.8%	45	46
41	KGM Musso EV	578	+ 2.7%	38	4,296	+ 44.4%	37	37
42	KGM Actyon	528	+ 99.2%	41	3,335	+ 78.9%	39	35
43	Hyundai Nexo	459	+ 818.0%	44	2,815	+ 288.3%	40	39
44	Kia EV9	392	+ 246.9%	45	1,552	+ 102.1%	47	53
45	KGM Tivoli	372	– 1.8%	40	2,694	+ 13.6%	42	41
46	Genesis G90	361	– 46.0%	43	2,808	– 28.6%	41	36
47	Kia Tasman	320	– 75.4%	46	1,976	– 50.5%	46	32
48	Genesis G70	228	+ 10.7%	55	785	– 21.3%	49	50
49	Chevrolet Trailblazer	174	– 28.7%	48	909	– 38.2%	48	48
50	Kia K9	139	+ 51.1%	49	734	– 14.8%	50	54
51	Genesis GV60	135	+ 68.8%	51	586	+ 61.9%	52	58
52	Hyundai ST1	85	+ 10.4%	50	717	+ 15.1%	51	55

South Korea June 2026 – foreign models:

Pos	Model	Jun-26	/25	May	2026	/25	Pos	FY25
1	Tesla Model Y	9,188	+ 49.1%	1	43,359	+ 181.2%	1	1
2	BYD Dolphin	2,828	new	37	4,505	new	6	–
3	BMW 5 Series	2,266	+ 0.5%	2	11,837	– 1.0%	3	3
4	Mercedes E Class	2,114	– 18.5%	4	11,929	– 12.0%	2	2
5	Mercedes GLC	1,221	+ 20.8%	9	4,691	+ 10.1%	5	4
6	BYD Sealion 7	1,117	new	6	4,477	new	7	25
7	Tesla Model X	1,027	+ 51250.0%	12	2,646	+ 26360.0%	15	n/a
8	Toyota RAV4	674	+ 171.8%	n/a	993	+ 0.1%	37	30
9	Mercedes GLE	634	+ 4.8%	13	3,680	+ 20.2%	9	6
10	Volvo EX30	624	+ 494.3%	21	1,309	+ 43.5%	29	47
11	BMW X3	619	+ 13.8%	5	4,027	+ 23.3%	8	8
12	Lexus ES	545	+ 16.7%	8	2,672	– 18.8%	14	7
13	Lexus NX	530	+ 34.5%	14	2,793	+ 20.2%	12	18
14	BYD Atto 3	503	+ 135.0%	n/a	1,781	+ 39.1%	23	22
15	BMW X5	495	+ 34.1%	10	3,437	+ 13.6%	10	10
16	Audi A6	455	n/a	7	1,136	+ 18.3%	33	50
17	BMW 3 Series	448	– 22.0%	11	3,218	+ 13.9%	11	9
18	Audi Q4 e-Tron	438	+ 26.2%	16	1,785	+ 18.1%	22	23
19	Polestar 4	433	+ 266.9%	18	2,410	+ 125.2%	17	26
20	Audi Q5	427	+ 4170.0%	20	1,791	+ 17810.0%	21	n/a
21	BMW 7 Series	427	+ 6.8%	15	2,675	+ 5.0%	13	13
22	Tesla Model 3	414	+ 97.1%	3	8,861	+ 144.0%	4	5
23	Tesla Model S	394	+ 13033.3%	35	1,005	+ 4468.2%	36	n/a
24	Mini Cooper Hatch	389	+ 16.1%	25	1,993	+ 16.9%	19	15
25	Volvo XC60	366	– 1.9%	19	2,446	– 5.6%	16	11
26	Mercedes G Class	327	+ 34.0%	22	1,344	– 26.0%	27	21
27	Volvo EX30 CC	322	new	n/a	346	new	n/a	–
28	BMW X7	305	– 17.3%	17	2,241	– 7.4%	18	14
29	BMW i5	300	+ 78.6%	26	1,681	+ 103.0%	24	36
30	Mercedes S Class	292	– 19.1%	29	1,839	– 14.1%	20	12
31	Lexus RX	288	+ 32.7%	30	1,314	+ 29.5%	28	33
32	VW ID.4	249	+ 12.2%	28	1,251	+ 9.6%	30	43
33	Mercedes CLE	242	– 22.2%	27	1,598	– 11.4%	26	20
34	BMW X6	221	– 23.8%	24	1,604	– 17.8%	25	19
35	Toyota Camry	214	+ 20.2%	33	1,227	+ 3.1%	31	31
36	Mercedes C Class	206	– 44.8%	n/a	441	– 74.2%	n/a	27
37	BYD Seal	204	+ 3300.0%	44	906	+ 15000.0%	41	n/a
38	VW Golf	198	+ 34.7%	39	826	+ 161.4%	43	n/a
39	Porsche Taycan	196	+ 43.1%	47	1,195	+ 33.2%	32	35
40	Toyota Alphard	186	+ 60.3%	32	911	+ 34.6%	39	42
41	BMW X1	176	– 16.6%	34	1,079	– 15.3%	34	28
42	Lexus UX	165	+ 126.0%	n/a	216	– 6.9%	n/a	n/a
43	Porsche Cayenne	158	– 57.8%	23	1,066	– 53.0%	35	17
44	Mini Countryman	157	+ 31.9%	49	157	– 81.7%	n/a	40
45	BMW 4 Series	154	– 28.0%	43	878	– 18.8%	42	32
46	Mercedes GLS	145	+ 52.6%	46	459	– 40.2%	n/a	37
47	Range Rover Sport	138	– 11.5%	n/a	614	– 7.4%	47	45
48	Porsche Panamera	137	+ 9.6%	n/a	689	– 44.7%	45	34
49	Mini Electric	134	– 22.1%	n/a	540	+ 191.9%	n/a	n/a
50	Porsche Macan EV	123	– 34.2%	31	123	– 80.5%	n/a	41

Source: KAIDA

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Their combined spending over the next decade could reportedly reach as much as 2,000 trillion won (US$1.3 trillion).

Imported EVs made up 42.8% of South Korea’s EV market last year, with Tesla selling 60,000 vehicles.

Read full article: https://www.travelandtourworld.com/news/article/south-koreas-travel-spring-2026-ignites-a-regional-tourism-renaissance-channeling-global-tourists-and-a-new-coastal-cultural-frontier-heres-what-you-must-read/

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