The Korea Herald

$Doosan Infracore to raise 800 bln won via stock selling$

Doosan Infracore to raise 800 bln won via stock selling

IndustrySept 10, 2021

Doosan Infracore on Friday announced that it will sell stocks to raise 800 billion won ($682 billion). The proceeds from the stock sale will be used mainly to pay off its debts and for other purpose...
Apple snubs Epic's request to allow return of 'Fortnite' in S. Korea after law revision

IndustrySept 10, 2021

Apple Inc. on Friday rejected US game maker Epic Games Inc.'s request that its hit title "Fortnite" be rereleased in South Korea in a case that highlights a tug-of-war over lucrative payment systems ...
Talks fall through, keeping local carmakers out of secondhand car market

TransportSept 10, 2021

Two sides deadlocked over how to calculate 10 percent market share cap
Lotte Confectionery to release special BTS edition for Xylitol chewing gum

RetailSept 10, 2021

Lotte Confectionery said Friday that it will release a special BTS edition of its popular Xylitol chewing gum next month. The new edition will come in 10 packaging options -- seven representing each...
FTC to keep eyes on unfair practices in e-commerce sector

TechnologySept 10, 2021

Amid growing scrutiny of online giants Naver and Kakao, South Korea’s antitrust watchdog chief on Friday spoke of the need to regulate massive online platforms in order to better protect small vendor...
KT’s Genie Music acquires Millie’s Library, planning expansion of audio content business

IndustrySept 10, 2021

Genie Music became the largest stakeholder of Millie’s Library, an e-book service provider, as the KT-backed music-streaming platform looks to expand its audio content business. According to the com...
Boston Dynamics eyes expanded partnership with Hyundai Motor

IndustrySept 10, 2021

US robotics startup Boston Dynamics said Friday it will expand its partnership with South Korean automaker Hyundai Motor Group to integrate its robotics technologies in future mobility solutions and ...
Telcos lag in mmWave 5G equipment installation: lawmaker

IndustrySept 10, 2021

South Korean telecom operators have so far installed less than 200 base stations that support millimeter wave (mmWave) 5G, data showed Friday, highlighting the lack of progress to commercialize the t...
[Interactive] How garbage mountains are piling up in South Korea

IndustrySept 10, 2021
[Graphic News] Jeju golf courses log record number of visitors for 2nd year running

BusinessSept 10, 2021

Golf courses on Jeju Island appear to be an exception to the COVID-19 recession, with the southern resort island inundated with record numbers of golfers from elsewhere for the second consecutive ye...
SK ecoplant wins bid for $2.2b Norway expressway

IndustrySept 9, 2021

SK ecoplant has won a bid to build a $2.2 billion expressway in Norway, making them the first South Korean construction company to enter the infrastructure business in the north European country. Ac...
LG Chem, Coupang to recycle 3,000 tons of packaging waste

IndustrySept 9, 2021

South Korea’s leading chemical firm LG Chem has joined hands with the nation’s e-commerce giant Coupang to recycle 3,000 metric tons of plastic packaging waste and to offer a door-to-door plastic-was...
South Korea greenlights Hanwha to utilize lunar resources

IndustrySept 9, 2021

Hanwha Aerospace became the first South Korean space company to win government approval to utilize resources in space, such as on the moon and Mars, the company said Thursday. According to the defen...
[Newsmaker] Wireless EV charging service and 9 others approved under regulatory sandbox

TransportSept 9, 2021

Wireless charging stations for e-scooters will also make their debut. Users of scooter sharing services will no longer have to go to charging stations to plug in their vehicles, but charge them remo...
S. Korea‘s mRNA vaccine consortium gets two new members

TechnologySept 9, 2021

Two more local companies have newly joined the “K-mRNA vaccine consortium,” a local alliance of pharmaceutical companies dedicated to co-developing and co-producing homegrown messenger RNA vaccines. ...