The Korea Herald

Samsung Electronics’ Q1 hit by LCD prices, tablet sales

IndustryApr 7, 2011

The first quarter operating profit of Samsung Electronics, the world’s largest maker of TVs and flat-screen monitors, stood at 2.9 trillion won ($2.66 billion) to mark its smallest quarterly revenue ...
LG Uplus introduces wireless N-Screen service

IndustryApr 7, 2011

LG Uplus said Thursday it introduced a wireless N-Screen service which enables sharing of data on multiple platforms for mobile phones, tablet PCs, televisions and personal computers. The company sa...
Top regulator pledges to increase inspectors

Apr 7, 2011

Financial Supervisory Service Gov. Kwon Hyouk-se reiterated Thursday that he would increase the manpower directing probes of financial companies by reshuffling the regulatory body. Kwon, who took of...
Korea to contain price hikes of farm products

Apr 7, 2011

The government said Thursday that it plans to tackle the recent spike in the price of farm and fisheries products that has contributed to rising inflationary pressure. The announcement by the Minist...
Fee war rages among Korean brokers after wrap account stampede

Apr 7, 2011

Korean investors were crushed by the market crash that swept the world three years ago. The Seoul stock exchange’s KOSPI Index lost 41 percent during 2008, while the most popular mutual fund fell 39 ...
Mobile carriers face price fixing probe

IndustryApr 7, 2011

Korea’s three mobile service providers are being probed for illegal price fixing after a local civic group filed complaints with the state anti-trust regulator, business sources said. Sources said F...
SC to continue to invest in Korea

Apr 7, 2011

Standard Chartered First Bank pays first dividend British banking giant Standard Chartered Plc will continue to invest in Korea, its head said Thursday, dismissing speculation that planned closures ...
[Herald Interview] Nestle hopes for more ties with Korean suppliers

IndustryApr 7, 2011

Nestle S.A., the world’s largest food company, is seeking to boost its beverage and coffee machinery purchase from innovative Korean manufacturers, one of the firm’s high-ranking officials said Thurs...
KNOC spurs overseas resources development

IndustryApr 7, 2011

State-run oil firm also seeks to diversify business to crude alternatives State-run Korea National Oil Corp. is stepping up overseas development projects and expanding its portfolio into alternative...
FMD dents demand for Korean beef, pork

Apr 7, 2011

Korean beef promotion event is held in Suwon, Gyeonggi Province. (Yonhap News) About half of Korean consumers cut spending on beef and pork due to concerns over foot-and-mouth disease, which has spr...
Samsung's Q1 profit falls on weak TV, tablet demand

TechnologyApr 7, 2011

Samsung Electronics Co., the world's largest maker of memory chips, liquid crystal display (LCD) panels and TVs, estimated Thursday that its first-quarter operating profit fell 34.2 percent from a ye...
Most people’s job switches down to salary: study

Apr 7, 2011

(MCT) While people move from one company to another for many different reasons, a recent study showed that the biggest factor is salary. In a survey by Korea-based recruitment portal Saramin, about...
S. Korea regains status as top winner of new ship orders in Q1

Apr 7, 2011

South Korea recaptured its status as the world's leading shipbuilding nation in terms of new orders in the first quarter by beating China by a wide margin, industry data showed Thursday. According t...
Samsung puts Q1 operating profit at 2.9 tln won

IndustryApr 7, 2011

Samsung Electronics Co., the world's top maker of memory chips, liquid crystal display (LCD) panels and TVs, estimated Thursday it had posted an operating profit of 2.9 trillion won (US$2.67 billion)...
LG Chem plant boosts global leadership

IndustryApr 7, 2011

CEO says company will seek to supply electric-car batteries to Japanese firms OCHANG, North Chungcheong Province ― LG Chem, the nation’s largest chemical company, sees South Korea having a global ed...