The Korea Herald

Shipbuilding industry rebounds as global orders bundle in

Apr 5, 2021

Korean shipbuilders account for over half of global orders in Q1
[From the Scene] Perks of being a hydrogen taxi driver

Apr 5, 2021

Lee said the government needs to step up efforts to promote hydrogen vehicles and awareness of them on the road. “Right now, there are a handful of cities around the world operating hydrogen taxis i...
Posco Chemical to supply key EV battery materials to LG-GM JV

Apr 5, 2021

Posco Chemical said Monday it would supply anodes to Ultium Cells, a joint venture established by LG Energy Solution and General Motors in 2019. The refractory and secondary battery materials arm of...
Kumho introduces new all-season tire SOLUS TA51

Apr 5, 2021

Kumho Tire announced Monday that the company has launched the new all-season tire model SOLUS TA51 in South Korea. SOLUS TA51 is the tire maker’s first new product in three years, and comes in 34 di...
LG's departure from mobile biz to boost bigger rivals' presence

Apr 5, 2021

LG Electronics Inc.'s withdrawal from the mobile business is likely to help its bigger rivals such as Samsung Electronics Co. expand their presence in the sector at home and abroad, industry observer...
Samsung adopts new ERP system for efficient operation

Apr 5, 2021

Samsung Electronics Co. on Monday said the company adopted a new enterprise resource planning (ERP) system to enhance efficiency and productivity in its global operations. The South Korean tech gian...
Hankook Tire supplies tires for Chinese EV maker

Apr 5, 2021

Hankook Tire & Technology Co., the world's seventh-largest tiremaker by sales, said Monday it has been supplying tires for Chinese EV company NIO's models since last year. Hankook Tire has provided ...
S. Korean casinos log big losses in 2020 on pandemic fallout

Apr 5, 2021

Casino operators in South Korea chalked up huge losses in 2020 as the coronavirus pandemic sent the number of visitors plunging, data showed Monday. State-run casino operator Kangwon Land Inc. regis...
Samsung to fund W46.4b for 27 research projects

Apr 5, 2021

Samsung Electronics Co. said Monday it will provide support of more than 46.4 billion won ($41 million) for 27 research projects in the areas of basic science, materials engineering and ICT solutions...
S. Korean units of 3 foreign automakers suffer slump in Q1 sales

Apr 5, 2021

South Korean units of three foreign carmakers posted a 24 percent on-year drop in their domestic sales in the first quarter of the year, suffering the worst performance since the 2009 financial crisi...
KAI sets sights on Asia No. 1 in ‘new space’ era

Apr 4, 2021

Korea‘s sole aircraft manufacturer aims to carve out a niche in satellite biz; KF-X fighter price set at $65m
[#WeFACE] ‘Gas stations will disappear, but not their social roles’

Apr 4, 2021

The Korea Herald is publishing a series of interviews with executives of South Korea’s leading corporations on their response to environmental, social and corporate governance, or ESG, issues, which ...
ManpowerGroup expands presence with RPO Solution in Korea

Apr 4, 2021

Ideal for companies looking to fill prominent positions or hire a number of workers at once to set up a business presence in a new location or prepare for a large-scale project launch, Talent Solutio...
Hybe: Breaking down K-pop giant’s aggressive expansion

Apr 4, 2021

Label’s acquisition of Ithaca Holdings latest in a series of efforts to become a global cultural juggernaut
Korean shipbuilders bask in robust new orders in Q1

Apr 4, 2021

South Korean shipbuilders clinched orders in the first quarter worth ten times more than the total orders logged for 2020, as the shipyard industry is recovering from the fallout of the pandemic, dat...