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Small island nations warn developed world: ‘Our present is your future’
BOK raises its interest rate to 1.75% to curb inflation
Dongsuh Foods gives back to society through literary awards and more
H.eco Forum highlights the dangers facing the ocean, humankind
SNU Partners with EDF to Study Methane Emissions from Korean Natural Gas System
LG to spend W106tr on battery, biotech, AI, clean tech by 2026
Korean web-based comics make presence known in world
S. Korea's new COVID-19 cases below 20,000 as pandemic slows down
Supreme Court upholds 1 1/2-yr prison term for disgraced K-pop star Seungri
Supreme Court rules against peak wage system
Main opposition party mired in internal feud ahead of local elections
Yoon picks women for last remaining 2 Cabinet ministers
[Graphic News] Confiscated narcotics hit record high in 2021: data
Seoul shares open higher on Fed minutes
Inflation growth may exceed 5% in May: govt. official
Number of startup businesses falls 3.4% in Q1
Signs of continued activity spotted at N. Korea's Yongbyon nuclear complex: report
N. Korea's state media silent about missile launches
'The Roundup' becomes most-watched Korean film in pandemic era
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Korea to tighten measures for ESS safety as batteries catch fire
May 3, 2022
Samsung SDI argues overcharged battery not cause of fire
Experts, businesses discuss building new reality, opportunity in metaverse
May 2, 2022
Joint forum held by The Korea Herald, AmCham explores how metaverse is entering a new phase in post-pandemic world
AMAXG begins DAO project to foster musical talents, pursue shared values
May 2, 2022
Decentralized autonomous organizations present new organizational structure for the future
The Korea Herald, AmCham Korea to hold Metaverse Forum 2022
May 1, 2022
With the growing buzz around the metaverse driven by every sector of industry around the world, The Korea Herald and the American Chamber of Commerce (AmCham) in Korea are co-hosting a forum on Monday to discuss what the hyper-interactive virtual world holds for the future. The two-hour forum, held from 1 p.m. at Four Seasons Seoul, has invited a number of business leaders and experts, who are l...
Samsung under fire for controversial ad of women running at night
Apr 29, 2022
Samsung Electronics is under fire for being “tone deaf” over women‘s safety, as the South Korean tech giant issued an apology Friday for an advertisement of a woman running down a street after midnight. The advertisement was meant to promote health and wellness as part of its “Night Owls” campaign, as well as a multidevice experience using Samsung’s wearable devices such as wireless earbuds and ...
LG reports record quarterly earnings on upbeat TV, appliance sales
Apr 28, 2022
LG Electronics on Thursday reported its best quarterly earnings in the first quarter this year, largely driven by the pent-up demand for TVs and home appliances amid the protracted coronavirus pandemic. For the January-March period, the firm posted 21.11 trillion won ($16.6 billion) in sales and 1.88 trillion won in operating profits, up 18.5 percent and 6.4 percent, respectively, from a year ag...
IFA 2022 to bar Russia from joining
Apr 28, 2022
Organizers of Europe’s biggest consumer electronics show, Internationale Funkausstellung Berlin, said Thursday it plans to ban companies from Russia and Belarus from the event this year in the German capital, as it pledged to go ahead with in-person exhibitions for the first time in three years. The comment signals IFA’s decision against Russian firms as being similar to that of the Mobile World...
Samsung Electronics profit jumps 51% on strong server chip demand, S22 Ultra sales
Apr 28, 2022
South Korean chip-to-consumer electronics giant Samsung Electronics posted a record quarterly revenue for three quarters in a row and logged a 51 percent increase in operating profit in the first quarter, its earnings guidance showed Thursday. Samsung Electronics said the solid chip demand for servers and high-end applications, as well as strong sales of the Galaxy S22 Ultra, which started repla...
DataStreams CEO speaks about big data cooperation in Kazakhstan
Apr 27, 2022
Data Streams CEO Lee Young-sang attended a conference in Kazakhstan on April 15 to discuss the country’s information and communication technology and share the company’s big data technology. About 80 people, including Kazakhstan’s IT minister and vice ministers, attended the forum, titled “Appraisal of the Needs-Assessment Survey Results on Digitalization,” to discuss digital transformation, acc...
Lemonex starts phase 1 clinical trials for gene therapy drug
Apr 27, 2022
Korean biotech company Lemonex said Wednesday that it will begin phase one clinical trials for its new siRNA gene therapy drug LEM-S401, following the approval of its investigational new drug application on April 15 by the Ministry of Food and Drug Safety. siRNA drugs inject small-interfering RNA molecules to augment or inhibit disease-related genes. LEM-S401 is a siRNA drug used to treat and pr...
LG Energy Solution to invest W7tr this year to ramp up production
Apr 27, 2022
LG Energy Solution said Wednesday it plans to invest 7 trillion won ($5.54 billion) this year to boost its production capacity in key markets while improving profitability overall by offsetting the impact from supply chain constraints and rising costs. The South Korean battery giant unveiled its plans during an earnings conference call earlier in the day. The big spending, up more than 10 perce...
SK hynix logs best Q1 earnings, sets aside W380b for compensation over chip defects
Apr 27, 2022
South Korean memory chipmaker SK hynix saw its best first-quarter revenue in history, while its operating profit jumped more than twofold compared to the previous year, despite weakening demand for consumer electronics and external uncertainties such as lockdowns in parts of China and Russia’s invasion of Ukraine. According to an earnings guidance, SK hynix logged 12.16 trillion won ($9.63 billi...
SK Inc. to buy controlling stake in local EV chip design firm
Apr 27, 2022
SK Inc., a holding company of South Korea’s second-largest business group, said Wednesday it would become a controlling shareholder of local electric vehicle semiconductor firm Yes Power Technix in a 120 billion won ($95 million) deal. The strategic investment involving a share sale and a new rights offering means that SK Inc. will control a 95.8 percent stake in the company. Based in Pyeongtaek...
Lam Research opens $100m R&D center in Korea
Apr 26, 2022
Equipped with a state-of-art cleanroom, the center has the capacity for future expansion, the company added. Its Korean headquarters, located in Pangyo, another tech complex near Seoul, is also expected to be relocated soon for better efficiency and speedier decision-making. Currently, some 100 researchers work at the new center. “The Lam Research Korea Technology Center is a powerful extension...
SK's cybersecurity arm IPO to boost cross-border M&A: CEO
Apr 26, 2022
SK Shieldus, the cybersecurity service arm of South Korea’s third-largest conglomerate, is poised to use the proceeds from its imminent initial public offering to pursue cross-border mergers and acquisitions, its Chief Executive Officer Park Jin-hyo told reporters Tuesday. Cloud computing security firms would be the major target for a strategic investment, which would allow the nation‘s No. 1 se...
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Samsung unveils largest-ever W450tr investment for chip supremacy
[Newsmaker] Does skin color still matter in Korea?
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US support for Japan’s military ambitions may spell concerns for Korea
Caution: Exchange students ‘may be restricted from entering the Hanyang Zone for safety reasons’
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Hyundai E&C, Westinghouse join hands to build nuclear power plants
Yoon's office strongly condemns NK missile launches
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Seoul braces for NK nuke test, warhead detonation device test detected
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New confrontation along Cold War lines? China, Russia warplanes maneuvers spark concerns
Posco’s high manganese steel gets technical approval from ExxonMobil
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