After demands aired, solution to Qatar crisis seems far off

The Korea Herald > Business > Industry

Samsung SDI takes over battery business

Samsung Electronics Co., the world’s top memory chip maker, will unload its solar battery business to its affiliate Samsung SDI Co. for 160.8 billion won ($147.6 million), the companies said Friday, ...

Updated : 2011.05.27 18:59

STX supports volunteer projects

STX Group on Thursday selected three social contribution projects devised by employees of subsidiaries that will receive the company’s support. The selected projects each received 1 million won ($9...

Updated : 2011.05.27 18:58

Outbound travelers up 4.7% in first 4 months

The number of Korean travelers going overseas rose 4.7 percent in the first four months of 2011 from a year earlier despite a recent earthquake and tsunami that hit Japan, the top destination for out...

Updated : 2011.05.27 18:58

Samsung takes first steps on biologics

Venture breaks ground for plant in Incheon Samsung Biologics broke ground for its plant in Incheon on Friday. The company is Samsung Group’s biologics venture established in collaboration with the...

Updated : 2011.05.27 18:57

Oil refineries fined W435b for collusion

The Fair Trade Commission said Thursday that it imposed 434.8 billion won ($402.5 million) in fines on four major oil refineries for anticompetitive practices and referred three of them ― SK Energy, ...

Updated : 2011.05.26 19:24

Siemens taps Kim as Korean unit head

Siemens Korea will next month appoint Kim Jong-kap, former head of Hynix Semiconductor, to become the first Korean chief executive in its 60-year history, the company said on Thursday. Kim Jong-kap ...

Updated : 2011.05.26 19:11

Merck Korea starts childbirth campaign

Merck Korea, the Korean unit of the Germany-based pharmaceutical group, said Thursday it has launched a campaign to promote childbirth in efforts to ratchet up the low birth rate in the country. The...

Updated : 2011.05.26 19:11

KT to transition to IT convergence group

KT Corp. said Thursday it will make the transition to an information technology convergence group from a telecom service firm, with plans devised to have non-telecom businesses take up 45 percent of ...

Updated : 2011.05.26 19:09

U.S. media reports 3-D TVhealth risks

The U.S. media has highlighted health risks related to excessive exposure to 3-D television at home, warning that it could negatively impact eyesight, especially among children. Citing expert opinio...

Updated : 2011.05.26 19:08

LG Uplus to start LTE service by mid-2012

LG Uplus Corp., Korea’s smallest mobile carrier, said Thursday that it plans to begin a nationwide long term evolution service by mid-2012, moving up its schedule for the fourth-generation mobile ser...

Updated : 2011.05.26 19:06

Pernod Ricard committed to ‘corporate citizenship’

Franck Lapeyre, chief executive of Pernod Ricard Korea, urged foreign businesses in Korea to join the drive by local companies’ to take on more social responsibility, underlining their role as “cor...

Updated : 2011.05.26 19:03

Hanwha E&C wins $7.25 billion city project in Iraq

Deal becomes the largest overseas construction project won by a Korean firm Hanwha Engineering and Construction Corp. announced Thursday that it signed a $7.25 billion contract with Iraq’s National...

Updated : 2011.05.26 19:03

Samsung products to be sent to Apple after patent ruling

Samsung Electronics said Wednesday it will send product samples to Apple’s legal team within 30 days after a U.S. court gave the order in a ruling over a patent dispute last week. “We don’t find it ...

Updated : 2011.05.25 19:36

SKT to open T-Store in China, Japan

SK Telecom, the country’s top mobile carrier, said Wednesday it will aggressively enter overseas markets, such as China and Japan, by opening its application store to customers there. SKT’s T-Store ...

Updated : 2011.05.25 19:36

[Herald Interview] Chile beckons Korean entrepreneurs

Recent university graduates face the daunting task of figuring out what to do with the rest of their lives. Chile might have an answer for graduates with tech ideas. “Startup Chile is a program th...

Updated : 2011.05.25 19:32