Most Popular
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Ador CEO denies allegations, accuses Hybe of mistreating NewJeans
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Korea’s homegrown nanosatellite successfully launches into space
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[Herald Interview] 'Amid aging population, Korea to invite more young professionals from overseas'
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Nicaragua shuts down Seoul embassy
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Medical reform committee kicks off despite boycott from doctors
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Hybe's multilabel system tested amid conflict with Ador
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SNU profs to suspend treatment for one day
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Rocket engine expert, ex-NASA exec to lead Korea's new space agency
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SK hynix pledges W20tr to ramp up DRAM production at home
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10-man S. Korea lose to Indonesia to miss out on Paris Olympic football qualification
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Google, Twitter on Samsung fridges
Samsung Electronics Co. said Monday that it will roll out new refrigerators in the U.S. market this month with a flat screen that displays services from Twitter Inc., Google Inc. and the latest news from The Associated Press. The company will release two new side-by-side fridges with an 8-inch touchscreen that displays short-message updates from Twitter and Google as well as news and weather infor
April 18, 2011
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KEPCO prize to honor research
State-run Korea Electric Power Corp. said Monday that it will launch a 200 million won ($180,000)-prize to acknowledge distinguished energy-related research. The biennial KEPCO Research Grand Prix, being introduced to mark the firm’s 50th anniversary this year, is aimed at encouraging and supporting the works of local researchers and academics, KEPCO officials said. Full university professors at r
April 18, 2011
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KCSC considers app filters to protect underage users
The authorities may introduce measures to limit underage smartphone users’ access to applications stores, sources said Monday.The Korea Communications Standards Commission is considering adding software to smartphones to limit access to adult content available in application stores, or setting up separate applications stores according to the content provided.While smartphone applications have grow
April 18, 2011
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Automakers unveil new models at China show
Global carmakers rolling out new SUVs, luxury sedans and concept cars at auto showHONG KONG (AP) ― Global automakers are bringing their flashiest SUVs, luxury sedans and electric concept cars to Auto Shanghai, China’s biggest auto show of the year, as the industry reels from disruptions caused by the massive earthquake and tsunami in Japan last month.The show has become one of the industry’s most
April 18, 2011
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Conglomerates step up efforts on ‘shared growth’
Local conglomerates are boosting their efforts to support subcontractors in line with the government-led “mutual growth” drive. The Lee Myung-bak administration has been keenly advocating shared prosperity between conglomerates and their smaller partners, urging the bigger firms to take the lead to help create a level playing field.With the launch of Commission of Shared Growth for Large and Small
April 17, 2011
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[Herald interview] IFA organizer expects 10% growth this year
ALICANTE, Spain ― The global trade show IFA to be held from Sept. 2-7 in Berlin is expected to grow 10 percent in size this year, said an executive of the organizing body Messe Berlin on Saturday.Jens Heithecker, IFA executive director at Messe Berlin, said the exhibition space ― 5,000 to 10,000 square meters more than last year’s 134,000 square meters ― has already been completely booked out duri
April 17, 2011
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Japan’s quake could hurt U.S. auto sales
April 17, 2011
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More perils ahead for global economy
IMF, World Bank warn on high food prices, joblessnessWASHINGTON (AFP) ― Global finance chiefs warned Saturday that rising food prices, unanswered joblessness, Mideast turmoil and weak finances in advanced economies could still derail economic recovery.“We are one shock away from a full-blown crisis,” said World Bank president Robert Zoellick about the surge in basic food prices.“The financial cris
April 17, 2011
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Smart, green tech to dominate IFA electronics show
Christian Goke, chief operating office of Messe Berlin, speaks to reporters about the global trade show IFA at a global press conference in Alicante, Spain on Saturday. Cho Ji-hyun/The Korea HeraldSamsung, LG to step up 3-D TV business in Europe, but face skepticism from consumersALICANTE, Spain ― Smart innovation and green technology are expected to dominate the IFA, one of the world’s top electr
April 17, 2011
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Samsung's Chinese employee indicted over technology leak
A Chinese employee of South Korea's Samsung Electronics Co. has been indicted for trying to leak the company's core technology and business secrets, prosecutors said Sunday. The 40-year-old woman, who had worked as a senior researcher for a home appliance department of the company since 2007, is suspected of attempting to hand over the company's classified documents regarding noise reduction
April 17, 2011
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Xperia Arc hits stores
Xperia Arc, the newest model in Sony Ericsson’s smartphone lineup, on Friday hit nationwide SK Telecom stores at a retail price of 803,000 won ($737).Prices will vary depending on the type of call plan customers decide on, Sony Ericsson representatives said.The latest in the Xperia series was priced slightly cheaper than other smartphones released here, such as Samsung’s Galaxy S and Apple’s iPhon
April 15, 2011
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NHN, Daum accuse Google of antitrust
South Korea’s top two Internet companies asked the country’s antitrust watchdog Friday to investigate Google Inc.’s alleged practice of stifling competition in the country’s mobile search market.NHN Corp., the operator of Naver, South Korea’s most-visited Web search engine and Daum Communications Corp., the Web search runner-up, separately filed complaints against Google with the Fair Trade Commis
April 15, 2011
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Korea to boost mineral recycling
Rising costs, demand call for nation to be self-reliant by reusing wasteSouth Korea is preparing to step up efforts to recycle minerals from used electronics and industrial waste in a bid to secure self-reliant sources of minerals on growing demand, the Ministry of Knowledge Economy said Friday.The process, termed “urban mining,” refers to reclaiming compounds and elements from products and waste
April 15, 2011
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‘Makgeolli beats beer, wine for cancer fighting compound’
Makgeolli, Korean rice wine, contains up to 25 times more farnesol, a compound with anti-tumor properties, research showed Thursday.Farnesol is an alcohol found in a number of substances including essential oils. Research has shown that farnesol has potent anti-tumor properties even in concentrations as low as 5 milligrams per liter.In the latest research, a team led by Korea Food Research Institu
April 14, 2011
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Daum, SK team up against Naver’s dominance
Nation’s smaller portal operators to offer combined servicesOperators of the nation’s smaller two portals Daum and Nate on Thursday signed a strategic pact to offer a seamless combination of their services.“We have decided on this strategic partnership to provide the best available services to our customers,” said Joo Hyung-chul, the chief executive of SK Communications, the operator of Nate. But
April 14, 2011
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Renault Samsung’s new marketing chief
Renault Samsung Motors Co. appointed senior executive managing director Frederic Artaud as the new head of its Sales and Marketing Division on Thursday. Frederic ArtaudBefore the appointment Artaud had been heading the company’s marketing activities since May 2008 within the Sales and Marketing Division.The company said that Artaud was given the new post as part of its reorganization measures aime
April 14, 2011
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Luxury sales grow 27 percent in March
Sales of luxury fashion goods at leading department stores jumped 27 percent on-year in March on retailers’ aggressive expansion and boosted marketing, the Ministry of Knowledge Economy said Thursday. Foods sales at major discount outlets and department stores also rose due to their increased demand and inflation, the ministry said. The proportion of luxury products sales at top department store c
April 14, 2011
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Builders face industry-wide credit crunch
Construction companies fear ‘chain reaction’ of bankruptciesMore mid-sized construction firms are facing business failure as their financing environment deteriorates due to soured project finance loans.Their financing opportunities, such as issuing commercial papers or corporate bonds, are increasingly becoming difficult after industry leaders such as Chinhung International and LIG Engineering & C
April 14, 2011
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Korea to beef up safety of KTX train service
The government will recruit more tech experts and personnel in a bid to beef up the safety of its high-speed train service that has suffered a series of accidents over the past few months, the Transportation Ministry said.The ministry added that the government will operate a safety-management unit independently for the KTX high-speed train service. It will also shorten the period of replacing majo
April 14, 2011
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Hyun named honorary Brazil counselor
Hyundai Group Chairwoman Hyun Jeong-eun has been named honorary counselor for Brazil, the company said Thursday.As a civilian counselor, Hyun said she hopes to play a critical role in facilitating exchange between the two nations during the appointment ceremony at Brazilian Counselor Edmundo Sussumu Fujita’s home in Seoul. Hyun Jeong-eun“We are seeing a surge in all sectors of trade and exchange w
April 14, 2011