Most Popular
-
1
Ador CEO denies allegations, accuses Hybe of mistreating NewJeans
-
2
Korea’s homegrown nanosatellite successfully launches into space
-
3
[Herald Interview] 'Amid aging population, Korea to invite more young professionals from overseas'
-
4
Nicaragua shuts down Seoul embassy
-
5
Medical reform committee kicks off despite boycott from doctors
-
6
Hybe's multilabel system tested amid conflict with Ador
-
7
SNU profs to suspend treatment for one day
-
8
Rocket engine expert, ex-NASA exec to lead Korea's new space agency
-
9
Over-50s, men, single-person households take up majority of those filing for bankruptcy
-
10
SK hynix pledges W20tr to ramp up DRAM production at home
-
LG Chem technology not leaked in Renault case
LG Chem Ltd. said on Sunday that its battery technology was not part of information suspected to have been leaked by Renault SA officials. An official at the Korean company said that the three officials at the French carmaker who are accused of leaking Renault's secrets didn't have access to LG Chem's battery technology. "The officials are not involved in the LG Chem-related business and Renault'
Jan. 9, 2011
-
Tablets crowd CES, chasing iPad’s tail
Working with high-speed data network may be key to success in the tablet spaceLAS VEGAS (AP) ― Big tablets and small tablets, white ones and black ones. Cheap ones and expensive ones. Brand names famous and obscure are at the starting line of a race where the iPad is already a speeding dot on the horizon.It’s impossible to walk the floor at this year’s International Consumer Electronics Show witho
Jan. 9, 2011
-
Internet connectivity is top tech trend: CEA head
LAS VEGAS ― Internet connectivity in electronic devices was clearly a major theme for this year’s Consumer Electronics Show, according to Gary Shapiro, president and CEO of the Consumer Electronics Association. His organization owns and is responsible for the production of CES, the world’s largest electronics tradeshow held in Las Vegas annually to a bustling crowd of eager buyers. “In terms of tr
Jan. 9, 2011
-
Samsung sales top W150 trillion
Operating profit for 2010 increases 58.1%Samsung Electronics saw its yearly sales reach an all-time high to post 150 trillion won ($133.9 billion), buoyed by marked growth in the field of semiconductor sales. The country’s largest electronics firm said Friday that it recorded 41 trillion won in sales and 3 trillion won in operating profit for the fourth quarter of last year, leading to yearly sale
Jan. 7, 2011
-
Skype offers upgraded video calling
Skype, the leading internet calls operator, said Friday that it updated its software for enterprises with Group Video Calling which enables the participation of a maximum of 10 people.The business version of Skype intends to become a communication platform that could have individuals interact in real-time over high quality audio and video, conference calling and instant messages, according to Skyp
Jan. 7, 2011
-
Verizon reveals first 4G wireless gadgets
LAS VEGAS (AP) ― This year, the big national wireless carriers will be racing to stake their claims in the new frontier of service: ultra-fast data access ― for smart phones and laptops as well as for gadgets like tablets.The companies are boosting their wireless data speeds and revving up the marketing hype. They’re moving away from talking about call quality and coverage, and focusing on data sp
Jan. 7, 2011
-
Samsung Q4 profit misses market estimates
Samsung Electronics Co., the world's largest maker of memory chips and liquid-crystal display (LCD) panels, estimated Friday that its operating profit for the October-December period fell below market estimates, as prices of its mainstay memory chips and LCD panels plunged on sluggish demand. Samsung put its fourth-quarter operating profit at 3 trillion won ($2.67 billion), down 12.8 percent fr
Jan. 7, 2011
-
Korea’s kimchi exports reach $98.4m in 2010
Korea kimchi exports rose 10 percent on-year to $98.4 million last year thanks to solid overseas demand for the spicy fermented side dish, the government said Thursday.The Ministry for Food, Agriculture, Forestry and Fisheries said the outbound shipment total was the second-highest annual figure after the $102.7 million reported for 2004.The annual increase is noteworthy because problems in supply
Jan. 6, 2011
-
Korea remains strong stock investment magnet
Korea’s stock market lured nearly 30 percent of foreign equity funds poured into emerging Asian countries last year, becoming the second-biggest investment destination after India, a report showed Thursday.Foreign investors bought a net $18.9 billion of domestic shares in 2010, representing 29.7 percent of the total $63.9 billion in foreign net purchases among seven key emerging markets in the Asi
Jan. 6, 2011
-
U.S. private-sector jobs boom stokes hope
Private-payroll report lifts hopes for more hiring despite skepticism over ADP's dataWASHINGTON (AP) ― Companies added nearly 300,000 jobs in December, according to an unofficial count by a private payroll firm ― more than in any month in the past decade. The news raised hopes that the government’s official report Friday on last month’s job creation could be a blockbuster.While there were reasons
Jan. 6, 2011
-
Korea to spend W1tr on new, renewable energy sources
South Korea plans to inject 1 trillion won ($900 million) into developing new and renewable energy sources this year with a plan to achieve $40 billion in exports in the sector by 2015, the Ministry of Knowledge Economy said Thursday.“The move came as we aim to nurture solar and wind power generation as the country’s next chip industry and shipbuilding industry, respectively,” ministry officials s
Jan. 6, 2011
-
KT joins move to activate 3-D content
KT Corp., the country’s biggest fixed-line operator, said that it will join the Asian branch of the International 3-D Society as the Korean chair Thursday.With the goal of activating 3-D stereo-scopic image projects, the Asian branch will be joined by representatives from Korea, Japan and China, according to KT officials.It will focus on activities like developing 3-D related technical education p
Jan. 6, 2011
-
STX to build coal power stations
STX Energy signed an agreement to collaborate in building two coal-fired power plants with the Korea East-West Power Co. on Thursday.Under the agreement, the companies will build two 500 megawatt power plants in Donghae, Gangwon Province with an estimated cost of 2 trillion won ($1.78 billion). The first of the two plants is scheduled to go into operation in December 2014, while the second plant i
Jan. 6, 2011
-
Asiana Airlines to introduce 6 Airbus A380-800s by 2017
Asiana Airlines, the country’s No. 2 air carrier, said on Thursday that it sealed a deal with Airbus to introduce six A380-800 planes by 2017.Starting from 2014, Asiana Airlines will bring in European manufacturer Airbus’ upgraded and environmentally friendly airplane which is planned to be used for long-term routes to the Americas and Europe. A380-800 airplane (Asiana Airlines)“The introduction o
Jan. 6, 2011
-
KEPCO targets $26b in overseas sales by 2020
Korea Electric Power Corp. CEO Kim Ssang-soo pledged to boost the firm’s overseas sales to $26 billion by 2020 by improving the profitability and efficiency of its nuclear power and “green” businesses, the firm said Thursday.“We must carry out the construction of nuclear power plants in the United Arab Emirates as planned and win another nuclear reactor contract from abroad this year,” Kim said in
Jan. 6, 2011
-
Big firms aggressive for 2011
Hyundai Motor to invest W12tr, Hynix W3.4tr following Samsung’s W43trThe country’s large firms are unveiling their big investment plans for this year, hinting that many of them will take a more aggressive stance in expectation of a recovery in global demand.This week, a number of big firms and conglomerates, such as Hyundai Motor Group, LG, Samsung and Hynix Semiconductor, announced their larger i
Jan. 6, 2011
-
Samsung to unveil Q4 earnings guidance this week
Samsung Electronics Co., the world's largest supplier of memory chips, flat-screen panels and TVs, is scheduled to announce an estimate of its earnings for the October-December quarter this week, a company official said Thursday. Samsung will report its guidance of the fourth-quarter earnings on Friday, the official said. The company is estimated to have posted 3.39 trillion won ($3.02 billio
Jan. 6, 2011
-
LG Electronics to unveil new smartphone with improved display
LG Electronics Inc., the beleaguered world's third-largest handset maker, said Thursday that it will introduce a new smartphone model with an enhanced screen display that has significantly lowered power consumption.The Optimus Black is the company's first model to use a "NOVA" display, which cuts power consumption in half in comparison to previous products and features an enhanced visibility even
Jan. 6, 2011
-
Hynix set to invest 3.4 tln won in 2011
Hynix Semiconductor Inc., the world's second-largest maker of computer memory chips, said Thursday that it will spend 3.4 trillion won (US$3.03 billion) on plants and equipment in 2011, around the same level as last year.The investment plan is subject to change depending on market conditions, the company said in a regulatory filing.Hynix, which trails its bigger industry rival Samsung Electronics
Jan. 6, 2011
-
Samsung scales up investment, hiring scheme for 2011
Samsung Group plans to spend a record 43.1 trillion won ($38.4 billion) this year to consolidate its global leadership in electronics and shore up its charge into growing fields. Korea’s largest conglomerate on Wednesday announced its plan to increase investment by 18 percent year-on-year, which analysts say reflects its expectation of global demand recovery.The conglomerate also said that it woul
Jan. 6, 2011