The Korea Herald

Hyundai's Avante compact named North American Car of the Year

IndustryJan 12, 2021

South Korea's Hyundai Motor Co. said Tuesday its Avante compact has been named this year's North American Car of the Year in the passenger car segment. The Avante, the Genesis G80 sedan and the Niss...
LG 'well positioned' to become auto solutions leader with Magna JV deal: CEO

IndustryJan 12, 2021

LG Electronics Inc. is "well positioned" to become one of the industry's leaders in the area of electric and connected vehicles with its agreement to set up a joint venture with Canadian auto parts m...
LS Electric aims for 10 percent annual growth

IndustryJan 11, 2021

LS Electric, a South Korean producer of power solutions, aims to grow 10 percent annually and generate 70 percent of its earnings from overseas, the company said Monday. Unveiling a corporate vision...
[CES 2021] Samsung, LG put home at center of innovation under pandemic

TechnologyJan 11, 2021

CES 2021 kicks off amid hopes for new technologies to help humanity in new normal era after pandemic
Samsung’s chip business to grow further in 2021

TechnologyJan 11, 2021

Samsung Electronics is expected to rack up strong earnings in 2021 on the back of the “semiconductor supercycle,” according to local analysts Monday. Demand for 5G communication chips, mobile applic...
Volvo aims to break sales record this year

TransportJan 11, 2021

After hitting an all-time high in sales last year, Volvo Cars Korea is aiming for another record-breaking year, with a plan to sell 15,000 vehicles. To achieve that goal, it plans to invest 50 billi...
A US stock soared 1,100% on Elon Musk’s tweet

TechnologyJan 11, 2021

Elon Musk’s direction to use Signal misguides followers to unrelated stock
S. Korea hands out 3rd disaster relief funds to small businesses

IndustryJan 11, 2021

Payment to take place right away, quarantine rule breakers to be excluded
Kia rolls out new version of flaship SUV Mohave

IndustryJan 11, 2021

Renewed version noted for expanded user convenience, safety features
Hanwha launches new collaborative robots to target $1b market

IndustryJan 11, 2021

Hanwha has introduced a new line of collaborative robots, making a foray into the fast-growing global collaborative robot market, it said Monday. “The HCR-3A, HCR-5A and HCR-12A models can handle an...
S. Korea reaches air traffic deal with China and Japan

TransportJan 11, 2021

South Korea, China and Japan have agreed to accept a United Nations aviation agency's proposal for an agreement critical for the safety of flights near Korea's southern resort island of Jeju, the tra...
Korean food 2nd-most-popular delivery option on Vroong app

RetailJan 11, 2021

Korean food overtook fried chicken as the second-most-popular delivery food last year, according to on-demand delivery platform Vroong on Monday. While burgers remained the most popular food ordered...
LG Display vows to make OLEDs mainstream

IndustryJan 11, 2021

LG Display plans to ship 7 million to 8 million OLED TV panels this year
Korea Shipbuilding wins W288b in orders

IndustryJan 11, 2021

Korea Shipbuilding & Offshore Engineering Co. said Monday that it has won a combined 288 billion won ($263 million) in orders from three companies in Liberia, Oceania and Asia. Under the deal with a...
$Doosan Infracore's excavator sales up 22% on-year in 2020 in China$

Doosan Infracore's excavator sales up 22% on-year in 2020 in China

IndustryJan 11, 2021

South Korea's top construction equipment maker Doosan Infracore Co. said Monday that its excavator sales in China rose 22 percent last year from a year earlier on the back of infrastructure investmen...