The Korea Herald

Carmakers' March sales rise 12% on robust overseas demand

Apr 1, 2021

South Korean carmakers' sales rose 12 percent last month from a year earlier helped by robust overseas demand for SUVs amid the COVID-19 pandemic, industry data showed Thursday. The five carmakers -...
SK didn’t infringe on LG’s battery patents: ITC

Apr 1, 2021

Case seperate from trade secret theft case; LG says ruling doesn‘t change the fact that SK stole
SsangYong Motor driven into corner as US investor dithers

Apr 1, 2021

Ailing SUV maker fails to secure letter of intent, faces increased chance of court receivership
Samsung lowers price of Galaxy Z Fold2 in S. Korea

Apr 1, 2021

Samsung Electronics Co. has lowered the price of its latest foldable smartphone, the Galaxy Z Fold2, industry insiders said Thursday, in an effort to popularize the foldable smartphone category. The...
S. Korea to speed up growth of power semiconductor industry

Apr 1, 2021

South Korea pledged Thursday to support the power semiconductor industry amid growing demand for energy-efficient chips with stronger durability. Under the goal, the country plans to develop at leas...
ICT companies spent over W40tr on R&D in 2019

Apr 1, 2021

South Korea's information and communication technology (ICT) companies spent more than 40 trillion won ($35.3 billion) on research and development in 2019, data showed Thursday, as the country focuse...
Doosan Logistics Solutions offers sorting system to Vietnam Post

Apr 1, 2021

System integrator Doosan Logistics Solutions Co. (DLS) said Thursday that it has provided an automation sorting system to Vietnam Post, Vietnam's largest delivery company. The subsidiary wholly owne...
LG Electronics launches new 17-inch laptop

Apr 1, 2021

LG Electronics Inc. on Thursday launched a new 17-inch laptop boasting high performance as the South Korean tech giant eyes boosting notebook sales amid the pandemic-induced remote working and distan...
Samsung to log robust Q1 earnings on robust mobile biz: analysts

Apr 1, 2021

Samsung Electronics Co. is expected to report robust earnings in the first quarter of the year, analysts here said Thursday, as its mobile business has apparently offset relatively sluggish performan...
Korea Shipbuilding wins W566b in orders for 7 ships

Apr 1, 2021

Korea Shipbuilding & Offshore Engineering Co. (KSOE) said Thursday it has signed deals worth 566 billion won ($502 million) with companies from Asia, Europe and Africa to build seven ships. Under a ...
LG Innotek’s labor union continues to reach out to society

Mar 31, 2021

The labor union of LG Innotek has sent various items to COVID-19 front-line workers as a token of appreciation for their contributions to society, the company said Wednesday. Various branches of the...
Former US trade representative urges Korea to join CPTPP

Mar 31, 2021

Former acting deputy US trade representative Wendy Cutler said on Wednesday that Korea should consider joining the Comprehensive and Progressive Agreement for Trans-Pacific Partnership and wait for t...
[Herald Interview] Korea-Germany economic ties to be fueled further by post-coronavirus market: KGCCI

Mar 31, 2021

Despite the COVID-19 pandemic, which weighed down most of the world’s economies last year, the bilateral economic relationship between South Korea and Germany gained momentum even in the midst of mar...
Hyundai Mobis vows to evolve into software platform leader in future mobility market

Mar 31, 2021

Auto parts maker displays long-term vision, reveals two future mobility concept cars
Regulator to refer Apple Korea to prosecution for hampering probe

Mar 31, 2021

South Korea's antitrust regulator said Wednesday it has decided to refer the local unit of US tech giant Apple Inc. and one of its executives to the prosecution for allegedly impeding the regulator's...