The Korea Herald

Posco International, Seoul Techno Holdings to foster global startups

Oct 21, 2020

Posco International said Wednesday it would partner with Seoul Techno Holdings to foster startups with global potential. The trading firm signed a business agreement with the tech firm of Seoul Nati...
Daewoo Shipbuilding gets approval for FLNG design

Oct 21, 2020

Daewoo Shipbuilding & Marine Engineering Co. said Wednesday it has won approval for its design for its upgraded floating liquefied natural gas (LNG) facility from ABS, a US ship quality assurance and...
LG Electronics unveils eye skin care device in S. Korea

Oct 21, 2020

LG Electronics Inc. on Wednesday unveiled an eye skin care device in South Korea as the company tries to expand its presence in the beauty and health care sector amid the pandemic-driven stay-at-home...
[Monitor] Korea's 5G download speed 2nd fastest in world

Oct 21, 2020

Average 5G download speed in major countries
KITA’s Startup Branch becomes mecca of innovative growth

Oct 20, 2020

The Korea International Trade Association’s open innovation venue Startup Branch is becoming a mecca for innovative growth among local and global firms. According to KITA, it has been 500 days since...
SK E&C’s new fuel cell plant opens

Oct 20, 2020

SK Engineering & Construction opened a new fuel cell manufacturing plant in the city of Gumi, North Gyeongsang Province, on Tuesday. The facility for the joint venture with US fuel cell company Bloo...
LG Chem, Hyundai breathe new life into dead EV batteries

Oct 20, 2020

To address mounting used-up batteries, major firms team up to create new business models by reusing them
Incheon Global City to build new residential block

Oct 20, 2020

Special-purpose company Incheon Global City has announced plans for the second phase of its project to build an apartment block for South Koreans based in the US. The plan will see the company sign ...
NCSoft makes foray into console gaming market with ‘Fuser’

Oct 20, 2020

NCSoft is gearing up to enter the fast-growing global console gaming market with its first console title “Fuser,” a DJ rhythm game set for release on Nov. 10. According to the South Korean game comp...
Hanwha Q Cells partners with Kowepo to build 150MW solar farm in Spain

Oct 20, 2020

Hanwha Q Cells said Tuesday that it has joined hands with Korea Western Power to launch solar power projects in Spain with a total capacity of 150 megawatts. According to South Korea’s leading solar...
Medytox’s Coretox at risk of losing license

Oct 20, 2020

Drug Ministry moves to cancel license of Coretox and Meditoxin 200 unit for illegally trading in China
Hyundai Motor's brand value ranks 5th worldwide

Oct 20, 2020

Hyundai Motor Co. said Tuesday its brand value was ranked fifth among global automakers on its efforts to evolve into a future mobility solutions provider. Hyundai Motor's brand value rose 1 percent...
Samsung's global brand value ranks 5th for first time

Oct 20, 2020

Samsung Electronics Co., the world's leading maker of smartphones and memory chips, said Tuesday its brand value was ranked fifth in the world this year for the first time. Samsung moved up to fifth...
GC Wellbeing’s cancer-induced metabolic disorder treatment aims for 2021 license-out

Oct 20, 2020

GC Wellbeing has finished injection of its novel drug pipeline GCWB204 in European clinical phase 2 trial, the company said Tuesday. By the first half of 2021, GC Wellbeing will learn the scope of t...
LG Electronics launches rollable TV in S. Korea for 100m won

Oct 20, 2020

LG Electronics Inc. on Tuesday released the world's first rollable TV in South Korea at a jaw-dropping price of 100 million won ($87,000) as the tech giant aims to target high-end consumers amid the ...