Typhoon Bolaven, known in the Philippines as Typhoon Julian, was regarded as the most powerful storm to strike the Korean Peninsula in nearly a decade, with wind gusts measured up to 186 km/h (116 mph). Forming as a tropical depression on August 19, 2012, to the southwest of the Mariana Islands, Bolaven steadily intensified as it slowly moved west-northwestward in a region favoring tropical development. The system was soon upgraded to a tropical storm less than a day after formation and further to a typhoon by August 21. Strengthening became more gradual thereafter as Bolaven grew in size. On August 24, the system attained its peak intensity, with winds of 185 km/h (115 mph) and a barometric pressure of 910 mbar. Weakening only slightly, the storm passed directly over Okinawa on August 26 as it began accelerating toward the north. Steady weakening continued as Bolaven approached the Korean Peninsula and it eventually made landfall in North Korea late on August 28 before transitioning into an extratropical cyclone. The remnants rapidly tracked northeastward over the Russian Far East before turning eastward and were last noted on September 1 crossing the International Dateline.

The 2012 Pacific typhoon season was a slightly above average season that produced 25 named storms, fourteen typhoons, and four intense typhoons. It was a destructive and the second consecutive year to be the deadliest season, primarily due to Typhoon Bopha which killed 1,901 people in the Philippines. It was an event in the annual cycle of tropical cyclone formation, in which tropical cyclones form in the western Pacific Ocean. The season ran throughout 2012, though most tropical cyclones typically develop between May and October. The season's first named storm, Pakhar, developed on March 28, while the season's last named storm, Wukong, dissipated on December 29. The season's first typhoon, Guchol, reached typhoon status on June 15, and became the first super typhoon of the year on June 17.