Most Popular
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Medical profs at top hospitals suspend surgeries, clinics
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Exports to US reach all-time high, widen gap with China
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Trump rekindles criticism: US forces defending 'wealthy' S. Korea 'free of charge'
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Samsung chip business back on track, logs W1.9tr operating profit in Q1
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Shinsegae faces showdown with investors over SSG.com's delayed IPO
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Hopes rise for possible Gaza truce deal
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Ex-pro baseball player who killed debtor appeals sentence
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S. Korea discussed possible participation in AUKUS Pillar 2 with Australia: defense minister
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[Music in drama] Rekindle a love that slipped through your fingers
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[New faces of Assembly] Architect behind ‘audacious initiative’ believes in denuclearized North Korea
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Koreans offer condolences, praise Jobs’ legacy
The local IT scene on Thursday paid tribute to Apple founder and visionary Steve Jobs following the news of his death. The mastermind behind iMac, iPhone and iPad died from cancer aged 56, the California-based firm announced Thursday. The stock prices of Samsung Electronics, whose relationship with
Oct. 6, 2011
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Steve Jobs' death to have limited impact on S. Korean biz, Samsung suits
SEOUL, Oct. 6 (Yonhap) -- Although the death of Steve Jobs aroused waves of sadness and condolences among South Koreans on Thursday, his absence is not expected to have an immediate impact on the country's information technology industry or his company's bitter lawsuits with Samsung Electronics Co.,
Oct. 6, 2011
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Sales of imported vehicles jump 25.3% in Sept.
Sales of imported vehicles in South Korea jumped 25.3 percent in September from a year earlier, helped by new car models and importers’ aggressive marketing, a local trade association said Thursday.A total of 10,055 imported vehicles were sold in the country last month, compared with 8,022 units sol
Oct. 6, 2011
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Venture companies play key role for ‘Dynamic Korea’
When it comes to representative Korean companies, many people think of large conglomerates such as Samsung Electronics and Hyundai Motor. It’s true that they have elevated Korea’s global status: Samsung Electronics is an IT leader vying with Apple, while Hyundai Motor is a front-runner in Korea, the
Oct. 6, 2011
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Forum to highlight rivers project
Restorations to be put forward as model for wetland protectionPolicymakers, experts and scholars from across the globe are set to discuss challenges and strategies for water resources and green growth at a forum hosted by the Korean government. Kicking off Friday in Seoul, the two-day event is desig
Oct. 6, 2011
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Hanwha to ax subsidiaries in ‘small business areas’
Hanwha Group announced on Thursday that it has selected seven projects aimed at facilitating mutual growth with smaller companies.According to the group, the core of its mutual growth model is divided into three themes ―shared-growth, environment and welfare. Projects concerning supporting suppliers
Oct. 6, 2011
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Samsung mourns loss of Steve Jobs, 'great entrepreneur'
SEOUL, Oct. 6 (Yonhap) -- Samsung Electronics Co. expressed Thursday its condolences over the death of Steve Jobs, describing the late Apple Inc. founder as a great entrepreneur with innovative spirit who pioneered revolutionary changes in the technology industry. Choi Gee-sung, the chief executive
Oct. 6, 2011
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Fiscal deficit narrows in first 7 months
South Korea’s fiscal deficit narrowed during the first seven months of this year as the government is seeking to achieve a balanced budget amid worries that fiscal debt could weigh on the nation’s growth potential, the Finance Ministry said Wednesday.According to the ministry, the nation’s fiscal de
Oct. 5, 2011
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SK unit ordered to pay W4b for info leak
A Seoul court on Tuesday ordered SK Broadband Co., a high-speed Internet service provider, to pay a total of 4 billion won ($3.35 million) in compensation to its customers for leaking their personal information as concerns about Internet privacy grow in the world’s most wired nation.“SK Broadband ha
Oct. 5, 2011
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Forum opens to champion life-changing designs
Design gurus from across the globe are poised to share their expertise and vision at the two-day iDEA Herald Design Forum that opened on Wednesday. The forum is the first of its kind here devoted to industrial design and will offer a chance for discussion on the look of future designs and how the co
Oct. 5, 2011
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Samsung steps up Tab patent fight in Europe
Korean company moves to invalidate iPad design rightsSamsung Electronics Co. is moving to invalidate Apple Inc.’s iPad design rights in Europe in a move to resume selling its own tablet computers in the European market.According to Samsung Electronics, the company filed an application for the annulm
Oct. 5, 2011
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South Korea aims to be at forefront of the green revolution
By Yoav CerralboThe threat of climate change requires an urgent response, according to many politicians, but it also offers opportunities for economic growth as new industries are slowly developed.Yet a country’s carbon footprint goes hand-in-hand with its economic development, just as with Korea du
Oct. 5, 2011
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Tech firms to shore up vocational schools
Companies at the country’s 16 technology complexes plan to support high-class vocational schools as part of the government’s efforts to perk up technical secondary education.The Korea Technopark Association signed an agreement on Wednesday with the country’s 21 “Meister” high schools to provide stud
Oct. 5, 2011
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Retail giants tighten belts amid economic uncertainty
Local retailers have started belt-tightening measures amid heightened economic uncertainty and toughened government regulation, industry sources said Wednesday. Lotte Group allegedly implemented a belt-tightening policy since last week centered on its retail subsidies such as Lotte Department Store,
Oct. 5, 2011
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Tefal to unveil new coating and base innovation
Cookware and small home appliance maker Tefal presented its brand new coating and base technology for frying pans in Seoul on Wednesday. From as early as mid-October, all Tefal frying pans will be replaced with the new line named “Tefal Intensium 3D Coating,” the company said. Even though new produc
Oct. 5, 2011
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ManpowerGroup ranks 45th for innovative business technology
The human resource services provider ManpowerGroup was included in among the top 50 companies in the InformationWeek 500 list.The list, compiled by the U.S.-based weekly InformationWeek, ranks companies headquartered in the U.S. with more than $250 million annual revenues according to the innovative
Oct. 5, 2011
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SK Holdings reorganizes divisions to boost efficiency
SK Holdings, SK Group’s holdings company, reorganized its divisions on Oct. 1 as part of efforts to increase the efficiency of its operations, the company announced Wednesday.In making the changes, the company merged the two divisions responsible for developing means for future growth ― the Global a
Oct. 5, 2011
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Asiana to craft automated travel solutions
Asiana Airlines unveiled plans on Wednesday to develop a one-stop travel planning system to make flight reservations easier for customers and streamline the check-in process.The country’s second-largest carrier said it struck a deal with Amadeus, a travel-specialized technology developer, to jointly
Oct. 5, 2011
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iDEA forum covers design from cities to cinema
Three main talks to cover nations and cities, industrial design and cultureMasterminds behind best-selling BMWs, Samsung mobile phones, Coca Cola and theorists who can explain why consumers buy these products will come together in Seoul Wednesday and Thursday. The iDEA Herald Design Forum will kick
Oct. 4, 2011
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Forum to discuss industrial, city designs and culture
Designers, panelists to gather at three sessions for iDEA conferenceMasterminds behind best selling BMWs, Samsung mobile phones, Coca Cola and theorists who can explain consumers buying these products will come together for design talks in Seoul Wednesday and Thursday. The iDEA Herald Design Forum w
Oct. 4, 2011