The Korea Herald

Samsung inks 5G deal with Canada’s Telus

TechnologyJun 19, 2020

Samsung Electronics said Friday it has been selected as the 5G network infrastructure supplier for Canada-based telecom firm Telus, laying the groundwork for its presence as one of the primary vendor...
Chiefs of Hyundai Motor, LG to meet over EV battery biz

TransportJun 19, 2020

Hyundai Motor Group Executive Vice Chairman Chung Euisun is scheduled to meet LG Group Chairman Koo Kwang-mo next week to discuss electric vehicle battery business, industry sources said Friday. Thi...
Lotte, Shilla to begin domestic sales of duty-free products next week

RetailJun 19, 2020

South Korea's two leading duty-free operators will begin to sell duty-free products through local retail channels next week as the government has decided to temporarily permit such sales to help the ...
Seoul requests WTO to open panel on trade row with Tokyo

IndustryJun 18, 2020

South Korea has requested the World Trade Organization to open a dispute-settlement panel to deal with Japan's export curbs against its Asian neighbor, which have been in effect since July, the trade...
[Photo News] 50th anniversary of KT SAT

TechnologyJun 18, 2020

The first satellite built by KT SAT in 1970 at its center in Geumsan, South Chungcheong Province (left), and engineers at the Geumsan Satellite Center in South Chungcheong Province (right). The cente...
Korean Air, Asiana to extend mileage validity by one year

TransportJun 18, 2020

South Korea’s full service airlines have decided to extend the validity of their mileage points by one year as customers are finding it difficult to use them amid the virus pandemic, officials said T...
Regulator allows Apple to draw up measures to correct anti-competitive practices

IndustryJun 18, 2020

South Korea's antitrust regulator said Thursday that it has decided to allow Apple Korea to map out a set of measures to address its anti-competitive business practices here, a move that could end a ...
Netmarble's StoneAge World ranks No. 1 on Apple's App Store in S. Korea

IndustryJun 18, 2020

StoneAge World, a new mobile game by South Korean mobile game developer and publisher Netmarble Games, ranked No. 1 on Apple's App Store in the country Thursday. The pet-collecting massively multipl...
Drug Ministry revokes Meditoxin license

IndustryJun 18, 2020

With main product’s wings clipped, what now for Medytox?
Chong Kun Dang’s nafamostat drug proceeds to COVID-19 phase 2 trials

IndustryJun 18, 2020

Chong Kun Dang said Thursday its anti-coagulant drug Nafabeltan (nafamostat) is to carry out clinical phase 2 trials to be repurposed as a COVID-19 treatment. The company said in a joint press relea...
AI will save those who suffer cerebral hemorrhage: SK C&C

IndustryJun 18, 2020

It won’t be long before artificial intelligence can help save those who suffer cerebral hemorrhage, according to SK C&C, which is preparing to clinically test its medical device designed for the purp...
Volvo Korea to invest W150b to enhance after-sales service network

TransportJun 18, 2020

Volvo Car Korea said Tursday it will invest 150 billion won ($124 million) over the next three years to expand its after-sales service centers to better serve customers. Volvo Car Korea plans to nea...
[The Heirs (3)] Succession gets tougher, or less appealing, for chaebol

IndustryJun 18, 2020

Shareholders, regulators become stricter while family stakes shrink
KCCI to hold photo contest themed workplace, pandemic

IndustryJun 18, 2020

The Korea Chamber of Commerce and Industry is set to hold its seventh photo contest under the theme of “the workplace and life of businesspeople” along with an additional contest for “COVID-19,” the ...
Doosan Bobcat basks in robust sales in N. American tractor market

IndustryJun 18, 2020

Doosan Bobcat Inc., a South Korean manufacturer of farm and construction equipment, said Thursday that it has posted robust sales in the North American compact tractor market. Doosan Bobcat sold a t...