The Korea Herald

[Monitor] Employment drops at SMEs, rises at conglomerates

Oct 20, 2020

Changes in No. of employees at large firms, SMEs
LG Household tipped to outperform Amorepacific in Q3: poll

Oct 20, 2020

LG Household & Health Care Ltd. is estimated to have outperformed industry leader Amorepacific in the third quarter, thanks to a robust growth in the non-cosmetics business, a poll showed Tuesday. S...
LG Electronics tops TV consumer survey in Australia

Oct 20, 2020

South Korean electronics giant LG Electronics Inc. has placed first in a recent TV consumer satisfaction survey in Australia, overtaking rival Samsung Electronics Co., industry sources said Tuesday. ...
SK hynix to buy Intel's NAND memory chip unit for $9b

Oct 20, 2020

SK hynix Inc., South Korea's No. 2 chipmaker, said Tuesday that it will buy the NAND business of US semiconductor giant Intel Corp. in a deal worth 10.3 trillion won ($9 billion) to help the company ...
LG Chem introduces world’s 1st biodegradable plastic with identical properties, functions

Oct 19, 2020

Compared with existing biodegradable materials, the elasticity of LG Chem’s new material is as much as 20 times greater and it remains transparent after being processed. Until now, due to limitations...
S-Oil invests in startup developing safe water solution

Oct 19, 2020

S-Oil announced Monday that the company would secure certified emission reductions by helping a local startup specializing in developing solutions designed to improve access to safe water in developi...
Samyang Foods begins work on new export-oriented plant in Miryang

Oct 19, 2020

Samyang Foods began construction on a new manufacturing plant in the city of Miryang in South Gyeongsang Province on Monday which the company says will serve as its focal point for exports. A budget...
Auto exports snap 5-month decline in Sept. amid pandemic

Oct 19, 2020

South Korea's exports of automobiles rebounded in September to snap a decline of five consecutive months on the back of improved shipments to North America, data showed Monday. Local carmakers shipp...
[Monitor] BTS' stocks plunge 22% on 2nd day

Oct 19, 2020

South Korea’s stock market has been reinvigorated by a series of major initial public offerings this year. Starting with the IPO of SK Biopharmaceuticals in July, promising biopharmaceutical firms a...
S. Korea to ease regulations on EV battery recycling

Oct 19, 2020

South Korea on Monday eased regulations to allow for environment friendly ways to utilize used batteries from electric vehicles. The approval came as the number of scrapped EV batteries is anticipat...
LG Electronics signs partnership with Italian luxury furniture brand Molteni&C

Oct 19, 2020

LG Electronics Inc. said Monday it has signed a partnership with Italian luxury furniture maker Molteni&C SPA to better promote its high-end brand LG Signature. Under the deal, the two sides will co...
LG Display tipped to swing to black in Q3 on price hike, firm demand

Oct 19, 2020

LG Display Co., a major display maker in South Korea, is expected to return to the black in the third quarter of the year, analysts here said Monday, on the back of a price increase in LCD panels and...
Kolon Life Science to separate bio manufacturing biz

Oct 18, 2020

Kolon Life Science will separate its biologics drug manufacturing business to an independent entity tentatively called Kolon Biotech. The separation is effective from Dec. 1, Kolon Life Science said...
[Green Paradox] What will Korea do with dead solar panels?

Oct 18, 2020

With lack of infrastructure and market for recycled panels, Korea struggles to prepare ways to manage outdated solar panels
Top proxy adviser ISS urges shareholders to endorse LG Chem’s battery split-off

Oct 18, 2020

International Shareholder Services, one of the world’s two largest proxy advisory firms, has advised shareholders to vote for LG Chem’s decision to split off of its battery business division as a who...