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LATEST NEWS

Newly registered pet dogs up 40% in 2018
Korean War veterans to visit S. Korea this week
[Video] Views of South Koreans on boycotting Japanese products
Parliamentary panel set to adopt resolution against Japan's export curbs
Song-Song couple divorces without division of property: Song Hye-kyo’s age...
Renault Samsung adds KT’s voice assistant tech to new QM6
Tears flow as water polo players head into uncertain future
[Newsmaker] Korean ship attacked by pirates near Singapore Strait
Court approves divorce settlement for Song couple
Seoul ramps up drive to win int'l support over trade dispute with Japan

Jul 21, 2019 Industry

Chief of Korean memory chip maker flies to Japan amid trade row

Lee Seok-hee, the CEO of South Korean memory chip maker SK hynix Inc., flew to Japan Sunday to discuss resourcing in the wake of the Japanese government's tighter regulation on exports of critical semiconductor materials to South Korea. Early this month, Japan imposed stricter regulations on exports to South Korea of three materials -- resist, etching gas and fluorinated polyimide that are critical for the production of semiconductors and flexible displays. Tokyo is reportedly planning to expand

Korea to make all-out efforts to lift Japan’s export restrictions

Seoul, Tokyo to discuss trade disputes at WTO this week

Today
Industry
Chong Kun Dang, Dong-A ST to launch Nesp biosimilars in Japan in H2

Will biopharma prove immune to Korea-Japan trade spat?

Today
Industry
[Feature] How far are we from printing hearts for transplant?

Close look at two standout players in Korea’s 3D bioprinting, medical device printing

Today
Industry
Korea Gas Corp. seeks to expand global presence

State-run Korea Gas Corp. (Kogas) is expanding its global presence in the liquefied natural gas market with its robust technologies and overseas networks. The company is currently participating in 25 global projects in 13 nations, including the exploration, development and production of natural gas. It also includes liquefaction of LNG and the construction and operation of gas pipelines and terminals overseas. Last year, Kogas sold 36 million tons of LNG in Korea after purchasing from Qatar

Today
Industry
2 SK Innovation subsidiaries acquire 35% stake in Myanmar’s BOC

SK Innovation said Friday that two of its subsidiaries, SK Energy and SK Trading International, have acquired a combined 35 percent stake in Best Oil Co., the second-largest oil retailer in Myanmar. The two companies spent about 150 billion won ($127.7 million) to hold 17.5 percent of BOC’s shares each. BOC has market share of 17 percent in Myanmar’s oil retail market.The deal was aimed at securing stable exports and a trading destination, and making inroads into the foreign ret

Jul 20, 2019
Industry
[Advertorial] LG Chem contributes to society’s sustainable development

LG Chem, the chemical and biopharma business unit of South Korea’s LG Group, has been contributing to social welfare by carrying out a slew of projects supporting education and green energy in line with the United Nation’s Sustainable Development Goals. The firm has been especially focusing on developing its program for elementary and middle school students, utilizing its expertise. It runs an experience center where students can participate in various science experiments categ

Today
Industry
Hyundai Mobis develops camera system to replace side mirrors

Hyundai Mobis Co., South Korea's largest auto parts maker, said Sunday it has developed a camera monitoring system that will replace side-view mirrors in next-generation vehicles. Three high-performance camera sensors inside the vehicle will not only increase driving safety by significantly reducing blind spots, and but also improve fuel efficiency as side-view mirrors will be hidden inside the car, Hyundai Mobis said in a statement. "The paradigm shift to the future car is demanding both f

Jul 21, 2019
Industry
Government eyeing increased workweek for localization of materials

The government said Friday that it is considering allowing selected people to work more than 52 hours per week for tests that are part of localization of key industrial materials.Last year, South Korea cut the maximum weekly working hours to 52 from the previous 68 to help people strike a balance between work and life.The government said workers in the sectors affected by Japan's export restrictions could be subject to the temporary exception. Since July 4, Japan tightened regulations on exports

Jul 19, 2019
Industry
Korean Air opens Cloud Command Center

South Korean full-service carrier Korean Air said Friday that it has opened the Cloud Command Center, which can manage and control all its server data, networks and security around the clock.　 According to the air carrier, this is the first time a Korean full-service carrier will operate its own IT system cloud. It is also the first time a top Korean conglomerates has adopted such a system. 　In November last year, Korean Air clinched a deal with LG CNS and Amazon Web Service to transfer its data

Jul 20, 2019
Industry
Volvo, Samsung SDI to co-develop battery packs for electric trucks

Volvo Group said Thursday it has entered into a strategic alliance with Samsung SDI to develop battery packs for electric trucks. The Swedish automaker said the alliance will cover joint development of battery packs specifically developed for its models. While Samsung SDI intends to provide battery cells and modules to meet the demand for the automaker’s electric trucks, Volvo will utilize the battery pack technology for assembly in its plants. “The alliance with Samsung SDI is

Jul 19, 2019
Industry
KIPO arrests counterfeiters of ‘Song Joong-ki facial masks’

Ten suspects behind the illegal manufacturing and distribution of counterfeit facial masks, which used pictures of actor Song Joong-ki without permission, were arrested on charges of trademark infringement, the Korean Intellectual Property Office said Thursday.The suspects had distributed more than 6 million sheets of counterfeit facial masks worth 20 billion won ($17.29 million) since April 2017, according to the Special Judicial Police under KIPO. All the products were seized upon their arrest

Jul 19, 2019
Industry
Calm, steady approach needed to tackle Japan’s export curbs: SK chief Chey

KCCI chief urges political unity to support Moon on trade dispute 　

Jul 19, 2019
Industry
Lotte Duty Free, Shilla Duty Free among global top 5: report

Two South Korean duty-free operators have cemented their positions in the world's top five travel retailers in 2018, an industry report showed Thursday.Lotte Duty Free maintained its second spot with 6.09 billion euros ($6.84 billion) in sales last year, due largely to the Chinese resellers who buy products in large quantities and sell them back home, according to the Moodie Davitt report. Shilla Duty Free, the operator of the duty-free shop owned by South Korea's Hotel Shilla Co., leaped f

Jul 18, 2019
Industry
KCCI head calls for full support businesses seeking alternatives amid Japan’s export curbs

Annual KCCI Jeju forum kicks off with top business leaders, including SK chairman, Samsung vice chairman

Jul 18, 2019
Industry

The Korea Herald by Herald Corporation

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