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Hyundai signs deal for open source software managementTransportMay 8, 2020Hyundai Motor Group said Friday it has signed a memorandum of understanding with the National IT Industry Promotion Agency for strategic development and management for open source software. Under th... -
COVID-19 boosts NHN’s Q1 performanceIndustryMay 8, 2020The COVID-19 pandemic is proving to be a boon for online service providers. Korea’s NHN, for one, posted a 59 percent increase in year-on-year net profit in the first quarter on the back of a strong... -
LG Chem says there was no second leak, still investigating causeIndustryMay 8, 2020LG Chem is still investigating the gas leak in Visakhapatnam, India, that killed at least 11 and sent about 1,000 people to hospitals. “There was no second leak, but we have requested the police to ... -
![[Monitor] Online shopping jumps 11.8% amid staying home trend](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=649&simg=/content/image/2020/05/07/20200507000657_0.jpg)
[Monitor] Online shopping jumps 11.8% amid staying home trendIndustryMay 8, 2020The total volume of online and mobile shopping transactions jumped 11.8 percent in March compared to a year earlier amid the staying home trend, data by Statistics Korea showed. The total online sho... -
Samsung’s compliance watchdog demands more details from heirIndustryMay 7, 2020Samsung Electronics’ compliance monitoring committee on Thursday demanded heir Lee Jae-yong and group affiliates come up with more details of plans to root out illegal practices. The committee led b... -
![[News Focus] Will Mercedes-Benz’s emissions penalty alter car market?](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=649&simg=/content/image/2020/05/07/20200507000649_0.jpg)
[News Focus] Will Mercedes-Benz’s emissions penalty alter car market?TransportMay 7, 2020After Mercedes-Benz Korea was slapped with the largest-ever fine of 77.6 billion won ($63.4 million) by the Environment Ministry for rigging emissions data on diesel cars, the market paid attention t... -
LG Chem unveils vision to leap into science realmIndustryMay 7, 2020LG Chem announced Thursday its new vision to transform the company from providing materials and solutions to one connecting science to life. The company held a ceremony marking its first vision chan... -
Oracle to open new cloud infrastructure in South KoreaTechnologyMay 7, 2020Oracle Korea on Thursday announced its second cloud infrastructure will launch by the end of May in Chuncheon, Gangwon Province. With access to two cloud infrastructures here, the company will be ab... -
Posco promotes construction steel brand Innovilt as next-generation productIndustryMay 7, 2020“We will focus the capabilities of our group affiliates to produce premium construction steel products that meet the future construction market trends” calling for safe, environment-friendly products... -
Kakao struts through Q1 with record sales, marginTechnologyMay 7, 2020Korean internet giant Kakao posted record high sales and operating profit for the first quarter this year, despite the novel coronavirus pandemic fallout that has affected most industries. According... -
VCs’ overseas investments increase in Q1 despite COVID-19BusinessMay 7, 2020Overseas investments by Korean virtual capitalist firms rose in the first quarter this year despite the COVID-19 pandemic, data showed May 7. According to data compiled by Korea Venture Capital Asso... -
LG Chem vows thorough investigation into India factory gas leakIndustryMay 7, 2020Following a gas leak at LG Polymers plant in southern India that has left at least nine dead and more than 300 of local residents hospitalized, LG Chem said Thursday that it will take all necessary m... -
K-Safety Expo 2020 to highlight K-quarantine preventionTechnologyMay 7, 2020“The special exhibition is designed to highlight the nationwide efforts in enhancing schemes against the viral respiratory infection, which poses a serious threat to people’s daily lives,” the organi... -
Multiple, alternative sources necessary in disrupted global supply chain: expertsIndustryMay 7, 2020As the global pandemic has caused disruption in the global supply chain, companies should manage key suppliers, secure multiple and alternative sources and establish regional supply chains, experts s... -
Celltrion’s Remsima SC launches in NetherlandsIndustryMay 7, 2020Subcutaneous rheumatoid arthritis treatment Remsima SC launched in the Netherlands, its third European market, Celltrion Healthcare said Thursday. Remsima SC is an under-the-skin injection of inflix...
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