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Business
Retail sales up 6% in Jan. on strong online sales
Industry
Feb 25, 2021
Retail sales in South Korea rose 6 percent in January from a year earlier as more consumers purchased daily necessities from online stores, with the demand for gift items ahead of the Lunar New Year'...
[Graphic News] Samsung remains No. 2 chip buyer in 2020: report
Business
Feb 25, 2021
Samsung Electronics remained the world’s second-largest chip buyer behind US tech titan Apple last year, a report showed, while manufacturers’ spending on semiconductors increased due to the pandemi...
[Herald Review] Hanmac: OB comes up with a fairly good rice-based lager
Retail
Feb 25, 2021
Oriental Brewery unveiled its new beer “Hanmac” late last month, boasting it as “Korea’s representative lager project.” As the label suggests, the company, famous for its pale lager Cass, set the ba...
GS launches environmental council to strengthen its ESG approach
Industry
Feb 24, 2021
South Korean conglomerate GS Group said Wednesday it had launched an environmental council consisting of its chief governance officers in an effort to strengthen the group’s ESG approach. The counci...
Hyundai Motor to recall Kona electric cars over fire risk
Transport
Feb 24, 2021
Transport Ministry says defective batteries probably caused fires; LG Energy Solution disagrees
Coupang’s early morning delivery service tops customer satisfaction index
Retail
Feb 24, 2021
Coupang boasted the highest customer satisfaction rate among e-commerce platforms providing early morning delivery, according to a new survey by the Korea Consumer Agency. The e-commerce giant, famo...
Incheon Airport cautiously expects ‘reverse L-shaped recovery’ as soon as later this year
Transport
Feb 24, 2021
Operator of Incheon Airport also pledges support to keep struggling duty-free businesses afloat
Korea launches ‘carbon agency’ to spur flying car development
Industry
Feb 24, 2021
South Korea on Wednesday launched a new regulatory agency dedicated to accelerating the utilization of carbon materials in five core industries, including future mobility. The Korea Carbon Industry ...
Samsung's foundry biz market share to increase in Q1: report
Industry
Feb 24, 2021
Samsung Electronics Co.'s market share in the global foundry industry is expected to increase in the first quarter of the year from the previous three months, a report showed Wednesday, though its gr...
Apple seeks greater presence in Korea with 2nd Apple Store
Technology
Feb 24, 2021
“The passion and enthusiasm of our Korean customers is an inspiration to all of us at Apple,” said Deirdre O’Brien, senior vice president of retail and people at Apple. “We are honored to continue ou...
Christopher Ko shares visions as Bio association representative
Industry
Feb 24, 2021
South Korean biosimilar maker Samsung Bioepis’ CEO Christopher Ko on Wednesday carried out his first public event as the new chairperson of the Korea Bio Association. Korea Bio is an association rep...
Elekta’s next-gen MRI device offers new hope for cancer patients
Industry
Feb 24, 2021
Precision magnetic resonance imaging like ‘taking the blindfolds off of surgeons’
Ssangyong Cement to change name to Ssangyong C&E
Industry
Feb 24, 2021
Ssangyong Cement, a South Korean cement producer, will change its company name to SsangYong C&E, the company said Wednesday. The new name, in which SsangYong C&E takes the first letters of cement an...
Koo hopes to open new chapter for Korean trade body
Industry
Feb 24, 2021
Top businessman marks first ‘non-bureaucrat’ chief for trade organization in 15 years
Hyundai Motor hires US aerospace expert for UAM business drive
Industry
Feb 24, 2021
Hyundai Motor Group said Wednesday that it has hired a high-profile aerospace professional from the United States in line with its continued effort to promote urban air mobility, or UAM, as a future ...
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[Feature] Why do old people pick up cardboard in Seoul?
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