The Korea Herald

BUSINESS

LATEST NEWS

SK Innovation selected as battery supplier for VW Group

SK Innovation has been selected as a supplier of battery cells for electric vehicles of German automaker Volkswagen Group, becoming the group’s third partner, along with LG Chem and Samsung SDI, acco...

Nov 14, 2018
Industry
Naver Labs, SoCar partner for self-driving technologies

Naver Labs, the research and development arm of search engine giant Naver, and local car-sharing firm SoCar have signed an agreement to cooperate in the development of driver assistant technologies a...

Nov 14, 2018
Industry
Shorter workweek adds to corporate woes

Local companies are struggling to adapt to a shorter workweek and calling for greater flexibility in its application, but their calls face vehement objections from the country’s umbrella labor groups...

Nov 14, 2018
Economy
Nonprofit organization to provide W345b to stimulate startups, create 11,000 jobs

South Korean nonprofit organization Banks Foundation for Young Entrepreneurs unveiled Wednesday plans to provide 345 billion won ($304.7 million) over three years to local startups to support their g...

Nov 14, 2018
Finance
Watchdog to sue Samsung chairman over deliberate law violation

South Korea's corporate watchdog said Wednesday that it has decided to sue Samsung Electronics Chairman Lee Kun-hee as the country's largest conglomerate deliberately failed to submit related documen...

Nov 14, 2018
Industry
ICT exports rise for 24th straight month in Oct.

South Korean exports of information and communication technology posted growth for the 24th month in a row in October on the back of brisk overseas sales of semiconductors, government data showed Wed...

Nov 14, 2018
Economy
Samsung unveils new mobile application processor optimized for AI features

Samsung Electronics Co. on Wednesday unveiled a new mobile application processor optimized for artificial intelligence features that can be used on high-end smartphones and tablet PCs. A mobile AP c...

Nov 14, 2018
Technology
Asiana partners with Spanish airline to improve services on Europe routes

Asiana Airlines Inc. has partnered with Barcelona-based Vueling Airlines S.A. to provide better services on routes to Europe, the company said Wednesday. (Yonhap) Under the partnership, Asiana will...

Nov 14, 2018
Industry
Celltrion Healthcare eyes sales unit in Europe

Celltrion Healthcare Co., an affiliate of South Korea's leading biosimilar maker Celltrion Inc., will set up a sales unit in Europe to generate stable revenue from biosimilars, its CEO has said. Cel...

Nov 14, 2018
Industry
Samsung to hold Bixby developer conference in Korea

Samsung Electronics Co. said Wednesday it will hold a developer conference in South Korea next week as part of its ongoing efforts to expand the ecosystem of its artificial intelligence platform. Th...

Nov 14, 2018
Technology
[Newsmaker] Samsung to deliver apology on work-related diseases next week

Samsung Electronics Co. plans to deliver an official apology on the long-standing dispute surrounding its former workers suffering from diseases apparently related to the working environments at its ...

Nov 14, 2018
Industry
Regulator to rule on suspected accounting breach by Samsung BioLogics

South Korea's financial regulator said Wednesday it will give a final ruling on whether Samsung BioLogics Co. violated accounting rules, a decision that could lead to the delisting of the biopharmace...

Nov 14, 2018
Economy
Korea's jobless rate rises in Oct., dismal job conditions continue

South Korea's jobless rate rose slightly in October due to a fall in employment in the retail and hospitality sectors, with poorer-than-expected job creation showing no signs of a letup, government d...

Nov 14, 2018
Economy
Budget carriers' int'l traffic to take off in 2019

Low-cost carriers in South Korea are expected to continue their rapid growth and see international passenger traffic soar nearly 20 percent in 2019, a report said Wednesday. According to the report ...

Nov 14, 2018
Industry
Korean Air Q3 net more than quadruples on long-haul demand

Korean Air Lines Co., South Korea's flag carrier, said Tuesday its third-quarter net profit more than quadrupled compared to a year earlier on increased demand for long-haul routes. For the three mo...

Nov 13, 2018
Industry

The Korea Herald by Herald Corporation

Address : Huam-ro 4-gil 10, Yongsan-gu,Seoul, Korea
Online newspaper registration No : Seoul 아03711
Date of registration : 2015.04.28
Publisher. Editor : Kwon Chung-won
Juvenile Protection Manager : Shin Chang Hoon
Tel : 02.727.0114