The Korea Herald

Hyundai Motor, Steel post strong first-quarter figures

Apr 28, 2011

Hyundai Motor Co.’s quarterly sales increased 21.4 percent from a year ago, while that of its affiliate Hyundai Steel rose to record levels. In a regulatory filing, Hyundai Motor revealed that its f...
Two top mobile carriers launch Apple’s iPad 2

Apr 28, 2011

Two top mobile carriers SK Telecom and KT Corp. said they will release Apple’s iPad 2 in the local market Friday, according to companies’ officials Thursday. KT, which was the first telecom to servi...
Samsung’s Lee welcomes calls for more shareholding activity of funds

Apr 28, 2011

Samsung Electronics Chairman Lee Kun-hee on Thursday supported a presidential aide’s call for public funds to more actively exercise their rights as shareholders. The business tycoon said he was not...
Hynix posts solid profit despite fall in prices of chips

Apr 28, 2011

Hynix Semiconductor Inc., the world’s second-largest computer memory chipmaker, announced Thursday it posted 2.79 trillion won in sales and 323 billion won in operating profit for the first quarter, ...
Hyundai seals China commercial car venture

Apr 28, 2011

Hyundai Motor Co. finalized the deal with China’s Sichuan Nanjun Automobile Co. to establish a commercial vehicle plant in China on Thursday. The two companies had signed a memorandum of understandi...
3-D firm posts record earnings in Q1

Apr 28, 2011

Red Rover Co., a local 3-D services provider, said Thursday that it has posted record earnings of 2.4 billion won ($2.2 million) in the first quarter, up 298 percent from the same period last year. ...
Japan output logs record fall

Apr 28, 2011
Hyundai, Kia hybrids pack in new features

Apr 28, 2011

At the recent Seoul Motor Show, Hyundai Motor Co. and Kia Motors Corp. each unveiled their first gasoline-electric hybrid vehicles based on their midsized sedan’s Sonata and K5. While the carmakers ...
LG Electronics back on track with smart appliances

Apr 28, 2011

LG Electronics this week posted an operating profit, signaling that the global electronics maker is getting back in the groove with well-paced strategies and cutting-edge technologies. LG Electronic...
Korean Air introduces premium in-flight services

Apr 27, 2011

By Cho Ji-hyun Korean Air, the country’s largest air carrier, introduced a number of new services on Wednesday, including an upgraded menu on some routes and a new cosmetic skin care set, in a bid t...
Hyundai Heavy’s packaged power stations go online in Japan

Apr 27, 2011

By Choi He-suk The packaged power stations Hyundai Heavy Industries provided to Tokyo Electric Power Co. began operations Wednesday. Developed by Hyundai Heavy, a packaged power station is a piece ...
POSCO expands fair trade, shared growth programs

Apr 27, 2011

Industry and goverment officials including POSCO chief executive Chung Joon-yang (fourth from left, front row), Fair Trade Commission Chairman Kim Dong-soo (fifth from left, front row) and head of th...
Korean Air introduces premium services

Apr 27, 2011

Korean Air, the country’s top air carrier, introduced a number of new services on Wednesday, including an upgraded menu on some routes and a new cosmetic skin care set, in a bid to enhance its in-fli...
Prices of DRAM chips remain below $1: report

Apr 27, 2011

Prices of dynamic random access memory (DRAM) devices rose marginally in the second half of this month but stayed below the $1 level, an industry report showed Wednesday, casting doubts on the prospe...
Q1 auto exports to Eastern Europe surge

Apr 27, 2011

South Korea’s automobile exports to Eastern Europe rose sharply in the first three months of this year thanks to an economic recovery in the region, a local automobile association said Wednesday. Du...