The Korea Herald

KT to support mobile app developers

Feb 23, 2011

KT Corp., the country’s biggest wireless Internet zone operator, announced Wednesday that it plans to launch a project to help mobile application developers sell their products overseas. The “global...
Index to gauge treatment of suppliers

Feb 23, 2011

Government and private-sector representatives will introduce a new index to gauge large companies’ relationship with smaller suppliers as part of its efforts to promote broad-based growth, officials ...
Lotte Mart bargain TVs are a sell-out success

Feb 23, 2011

Lotte Mart’s ultra-cheap television has proved to be a hot item, with some of its branches selling out within hours of opening Wednesday. Lotte Mart officials said it began selling the 24-inch TVs, ...
AD Motors to build electric car plant in Yeonggwang

Feb 23, 2011

AD Motors, a Seoul-based electric car maker, announced Wednesday that it will build a mass production facility in Yeonggwang Country in South Jeolla Province. Once complete, the facility will be cap...
Australian Chamber gets new chief

Feb 23, 2011

The Australian Chamber of Commerce in Korea has elected Jim Lim, regional manager of Meat & Livestock Australia, as the new chairman for its executive committee this year. Lim will replace Sean Rodr...
Kia names new domestic sales chief

Feb 23, 2011

Kia Motors Corp. named Lee Sam-ung as its new president for domestic sales and production on Wednesday. He had been serving as a vice president at the country’s second largest carmaker. Lee Sam-ung...
Global economy can survive oil price surge, for now: IMF

Feb 23, 2011

The world economy can withstand the surge in oil prices sparked by unrest in the Middle East and North Africa so long as the increase proves short-lived, said the International Monetary Fund’s No. 2 ...
Ssangyong launches first new vehicle in three years

Feb 23, 2011

JEJU ― Ssangyong Motors Co. launched the compact sport utility vehicle Korando C, its first new vehicle in three years, on the local market Tuesday. Since the company launched the luxury sedan Chair...
Hyundai Group drops planned lawsuit against Hyundai Motor

Feb 22, 2011

Hyundai Group plans to cancel filing a law suit on the failed purchase of Hyundai Engineering & Construction Co., the group said Tuesday. Hyundai Group hopes a compromise plan will come from Hyundai...
Daewoo to build giant ships for Denmark

Feb 21, 2011

Daewoo to build giant ships for Denmark
Korea eyes $10.7 billion in software exports in 2011

Feb 21, 2011

Korea aims to export a record $10.7 billion worth of software in 2011 as local companies make inroads into the global information technology (IT) service sector, the government said Monday. The Mini...
Samsung, LG lead global TV market

Feb 21, 2011

Samsung Electronics Co. and LG Electronics Inc. led the world’s flat-screen TV market last year, but they lagged behind Japanese companies in emerging 3-D TV markets, an industry report showed Monday...
Korea secures 60,000-ton Japanese fishing quota

Feb 21, 2011

Korea has secured the right to catch 60,000 tons of fish in Japanese waters in 2011, unchanged from the year before, the government said Monday. The agreement, reached with Japan late last week, ref...
Samsung develops faster mobile DRAM

Feb 21, 2011

Samsung Electronics Co., the world’s No. 2 semiconductor maker, said Monday that it has developed a new memory chip for mobile gadgets that can transfer data at a speed eight times faster than previo...
KT pledges better customer satisfaction

Feb 21, 2011

Company designates 2011 as the year for improved customer service Top executives of KT Corp., the country’s biggest fixed-line service operator, on Monday offered a rare gesture showing their commit...