The Korea Herald

SK Telecom tipped to morph into holding company in groupwide shake up

Mar 31, 2021

In a groupwide governance shakeup, SK Telecom Co., the telecom unit of SK Group, may morph into an intermediary holding company this year, analysts said Wednesday, as South Korea's No. 3 conglomerate...
Kia fully unveils EV6, the first EV launch since rebranding

Mar 30, 2021

Carmaker adds another option to heated electric vehicle market with its first model to adopt E-GMP
Hyundai E&C set to begin presales of housing units in Daegu

Mar 30, 2021

Hyundai Engineering & Construction, the company behind South Korea’s top apartment brand, Hillstate, is starting presales of units in a high-rise mixed-use apartment complex in the southeastern city ...
Hyundai Mobis presents HLED as innovative rear lamp material

Mar 30, 2021

Hyundai Mobis, the auto parts affiliate of Hyundai Motor Group, is expanding its presence in the global auto lamp market with its series of unique rear lamp technology, officials said Tuesday. After...
Hanwha Q Cells takes Chinese solar companies to court in Germany, France

Mar 30, 2021

Hanwha Q Cells said Tuesday it has filed a patent infringement lawsuit against Chinese solar company Astronergy in Germany. The lawsuit, filed on March 12 with German court, accuses Astronergy of st...
GS Caltex among oil majors behind launch of a new oil exchange

Mar 30, 2021

South Korean energy company GS Caltex was among the companies behind the launch of a new oil exchange in Abu Dhabi, United Arab Emirates, to help secure a more stable and transparent supply of Middle...
Samsung C&T-led consortium wins $1.56b deal from Taiwan

Mar 30, 2021

Samsung C&T Corp., the construction unit of Samsung Group, said Tuesday its consortium has clinched a $1.56 billion project to build a terminal at Taiwan Taoyuan International Airport. Under the dea...
Samsung's Texas chip plant returning to normal levels

Mar 30, 2021

Samsung Electronics Co.'s chip production at its US plant is approaching normal levels, an official from the company said Tuesday, following a monthlong shutdown caused by a power outage in the regio...
Daewoo E&C continues to strengthen CSR activities

Mar 30, 2021

Construction company Daewoo E&C continues to strengthen its corporate social responsibility activities, operating various volunteer work programs for its employees, the company said Tuesday. Since 2...
Sales of top food delivery app Baemin nearly double in 2020 on pandemic

Mar 30, 2021

South Korea's top food delivery app Baedal Minjok, or Baemin, saw its sales nearly double in 2020 from a year earlier amid the coronavirus pandemic, its operator said Tuesda. Baemin's top line stood...
SK hynix to focus on improving profitability in NAND biz: CEO

Mar 30, 2021

SK hynix Inc. will focus on improving profitability of its NAND business following its deal to buy Intel Corp.'s non-volatile memory unit, its chief executive officer said Tuesday. Lee Seok-hee told...
SK E&S to invest W1.6tr in gas field off Australia

Mar 30, 2021

SK E&S Co., the natural gas provider under SK Group, said it will invest 1.6 trillion won ($1.4 billion won) over the next five years to develop an Australian gas field for the stable supply of lique...
LG Electronics teams up with local partners to develop renewable energy tech

Mar 30, 2021

LG Electronics Inc. said Tuesday it has joined hands with local partners to develop renewable energy technology and achieve carbon neutrality. Under the partnership with Korea Water Resources Corpor...
Samsung, LG TVs earn advanced Wi-Fi tech certification

Mar 30, 2021

South Korea's two largest TV makers -- Samsung Electronics Co. and LG Electronics Inc. -- said Tuesday their premium TVs have obtained a certification for advanced Wi-Fi technology that enables them ...
Hyundai mulls suspension of local plant on chip shortage

Mar 29, 2021

South Korea's Hyundai Motor Co. said Monday it is considering suspending production at a domestic plant next month due to a global semiconductor chip shortage. Hyundai Motor mulls halting the operat...