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Esper says US will seek Japan's efforts to resolve GSOMIA issue: Cheong Wa ...
Wealthy South Korea should pay more for keeping US troops: Esper
Japan, S. Korean business groups discuss ways to cool tensions
[Newsmaker] High Court sides with K-pop singer, orders consulate to reconsi...
Penguin character Pengsoo’s popularity excites stock investors
S. Korea shakes up batting order for crucial match vs. Mexico
BTS records $116.6m in sales from 'Love Yourself: Speak Yourself' tour
Namsangol Hanok Village incorporates modern artifacts inspired by Korean tr...
Ex-Justice Minister Cho refuses to open up during questioning
Indie publishers seek synergy at annual book festival

Nov 15, 2019 Industry

US trade body likely to rule against Hanwha Q Cells in patent case; panel maker to ‘appeal immediately’

South Korean solar panel manufacturer Hanwha Q Cells received a preliminary notice from the US International Trade Commission indicating that the US body regards as unfounded the company’s patent infringement complaints against other foreign solar energy companies, the firm confirmed Friday. The USITC is set to announce an official ruling in about two weeks. Hanwha said it would “appeal immediately” if the decision were to be finalized. The reasoning behind the USITC’s pr

CJ ENM, Walt Disney neck-and-neck at S. Korean box office

Two film distributing powerhouses, CJ ENM and Walt Disney Company Korea, were neck-and-neck at the South Korean box office in the first 10 months of this year, data showed Friday.In January to October, CJ ENM, an entertainment unit of CJ Group, distributed 13 films, garnering 45.4 million admissions and taking up 24.5 percent of the total tickets sold.Walt Disney Company Korea, the local unit of the U.S.-based media titan, also managed 13 movies, which attracted 45.2 million moviegoers with a ma

Nov 15, 2019
Industry
Samsung's smartphone share in Japan nearly triples in Q3

Samsung Electronics Co.'s share in the Japanese smartphone market nearly tripled in the third quarter from a year earlier thanks to robust sales of new models, industry data showed Monday. The Korean tech giant shipped about 500,000 smartphones in Japan in the July-September period to take up 6.7 percent of the country's smartphone market, according to the data compiled by Strategy Analytics. The third-quarter figure was sharply up from 2.4 percent from a year ago, while slipping from the

Nov 15, 2019
Industry
G-Star 2019 sees record attendance from 36 countries

BUSAN -- Korea’s annual game exhibition G-Star 2019 kicked off Thursday with a record number of participants at Bexco in Busan.The event had 3,208 booths representing 691 companies from 36 countries, the biggest so far for the 15-year-old industry showcase and an 8.2 percent growth from a year earlier, the organizers said. G-Star runs through Sunday, at two halls respectively holding business-to-consumer and business-to-business booths.On the sidelines of the exhibit are G-Con game co

Nov 14, 2019
Industry
Icelandic game company CEO says he prepared for Korean market for 20 years

Hilmar Petursson ‘proud’ as he launches Eve Online in Korea

Nov 14, 2019
Industry
S. Korea to increase budgetary support for display sector amid trade row with Japan

South Korea's industry minister said Thursday that the government will increase its budget to support the local display-making sector next year in a move to keep the country's leading position in the key industrial segment.Sung Yun-mo, minister of trade, industry and energy, said the budget hike is meant, among other things, to support the development of next-generation technologies and their performance evaluation of smaller display manufacturers. He did not provide details on the proposed budg

Nov 14, 2019
Industry
[Herald Interview] ‘Korea should expedite knowledge-based assets development’

Amid the tough business environment and deteriorating trade situation following worldwide conflicts, South Korea should expedite the development of knowledge-based assets and increase independence in related technologies to compete globally, according to the intellectual property office chief. “Advanced countries have been bolstering their industry dominance based on knowledge-based assets. Especially, a growing number of foreign companies have been preoccupying patents that are close

Nov 14, 2019
Industry
[News Focus] Concerns mount over 52-hour workweek at SMEs

Pressure is mounting on the Moon Jae-in administration and the National Assembly to tweak the mandatory 52-hour workweek regulation for companies, especially by small and medium-sized companies which are “not yet ready” to embrace it. From January next year, companies with less than 300 employees will have to abide by the new workweek regulation. Large firms with more than 300 workers have been following the rule since July 2018. If a company violates it, the employer can face up to

Nov 14, 2019
Industry
Naver says Japanese affiliate Line in talks for merger with Yahoo Japan

Naver Corp., South Korea's No. 1 internet portal, said Thursday that its Japanese chat app Line and internet portal Yahoo Japan have been in talks for a potential merger in a move that could form Japan's largest internet platform.Naver, which holds a 73 percent stake in Line, said it and Japanese telecom giant Softbank, which owns 45 percent of Yahoo's parent company Z Holdings, have been discussing a merger deal."Line has been considering various proposals to boost business competitiveness

Nov 14, 2019
Industry
LG Chem seeks USITC’s default judgement against SK Innovation

In the latest development of dispute between two South Korean battery makers, LG Chem said Thursday it had requested court intervention by the US International Trade Commission, alleging that SK Innovation attempted to destroy key evidence.“Circumstances show that SK Innovation, ever since it has filed suit, has continued systematic attempts to destroy evidence, such as sending out email instructions to employees to destroy related evidence,” LG Chem said in a statement.The company s

Nov 14, 2019
Industry
Moon calls for 'K-beauty' strategy in biotech innovation project

President Moon Jae-in instructed his economy team Thursday to explore ways to develop South Korea's cosmetics industry in connection with the initiative to innovate the biotechnology sector, according to his office.Moon told Finance Minister Hong Nam-ki to map out related measures, receiving a regular report on economic affairs and policies. Hong doubles as deputy prime minister for economy. The minister briefed Moon on current economic situations, next year's policy direction and accompli

Nov 14, 2019
Industry
Luxury lifestyle retailer Conran Shop lands in Korea

Leading luxury retailer of furniture and home accessories Conran Shop announced Thursday the launch of its first outlet in upscale Gangnam District, southern Seoul.In a 10-year partnership with local retail giant Lotte Shopping, the London-based retailer of more than 300 designer brands will offer a unique curation of design classics and future icons. Korea’s lifestyle market has grown nearly 70 percent in in the past decade -- from 7 trillion won ($6 billion) in 2008 to 12 trillion won in

Nov 14, 2019
Industry
Samsung BioLogics becomes first CMO to obtain ISO 27001

Samsung BioLogics said Thursday it has become the first CMO company globally to obtain ISO 27001 certification from the Geneva-based International Organization for Standardization.ISO 27001 is the most prestigious international standards certification in information security. It acknowledges the local biopharma firm to be the “World’s Best CDMO Company,” and will help boost trust between global partners, the company said. To obtain the certification, Samsung BioLogics had

Nov 14, 2019
Industry
Image sensor market to post record sales in 2019: report

Global sales of an image sensor used in smartphones and digital cameras are expected to hit a record high this year, emerging as a bright spot in the stagnant chip sector, a report showed Thursday.The market for complementary metal oxide semiconductor sensors is forecast to reach $16.8 billion in 2019, up 19 percent from a year earlier, according to market researcher IC Insights. The latest growth rate is sharply up from its August prediction of a 9 percent rise for this year. The explosive grow

Nov 14, 2019
Industry
Culture minister says gaming is not disease, vows law revision in 2020

BUSAN – Korea’s culture minister vowed to make revisions to the decade-long game industry law to help revitalize the gaming industry, Wednesday, saying that he disagrees with viewing it as a disease.“Gaming is not a disease but a leisure activity. Cultural contents not only enrich our lives but also serve as growth engines for our future.” said Culture Minister Park Yang-woo at the 2019 Korea Game Awards held in Busan. He was referring to the World Health Organizati

Nov 13, 2019
Industry

The Korea Herald by Herald Corporation

Address : Huam-ro 4-gil 10, Yongsan-gu,Seoul, Korea
Online newspaper registration No : Seoul 아03711
Date of registration : 2015.04.28
Publisher. Editor : Kwon Chung-won
Juvenile Protection Manager : Yang Sung-jin
Tel : 02.727.0114