The Korea Herald

Korean midsized satellite launched into space

Mar 22, 2021

A South Korean midsized observation satellite was successfully launched into space Monday, the Korean government announced. The Ministry of Science and ICT in Seoul said the 540-kilogram satellite, ...
Samsung launches new high-resolution monitors

Mar 22, 2021

Samsung Electronics Co. on Monday launched its 2021 lineup of high-resolution monitors as the South Korean tech giant eyes to increase sales amid the rising trend of remote working and distance learn...
ViGenCell plans IPO in Q3

Mar 22, 2021

Biotech firm ViGenCell plans to list its shares on the local bourse in the third quarter of this year in an initial public offering, the company said Monday. Commissioned by the bourse operator Kore...
LG Electronics still mulling fate of its smartphone biz

Mar 22, 2021

LG Electronics Inc. is still mulling the fate of its money-losing mobile business, industry insiders said Monday, amid rumors that the South Korean tech giant may shut down the unit instead of sellin...
LG Uplus opens first unmanned store amid pandemic

Mar 22, 2021

LG Uplus Corp., a major South Korean telecom operator, said Monday it has launched its first store that operates without the help of retail workers, joining other mobile carriers to offer services th...
Samsung claims its wireless earbuds effective for people with hearing impairments

Mar 22, 2021

Samsung Electronics Co. said Monday its study showed its Galaxy Buds Pro wireless earbuds could help people with hearing impairments. The study, which was published last week in Clinical and Experim...
SK Innovation’s two decades in lithium-ion battery biz

Mar 22, 2021

After the China deal, SK established a joint-funded battery factory in Changzhou in 2019, which started mass-production the following year. Since then, the plant has served as a key battery productio...
Naver invested 25% of revenue in R&D projects last year

Mar 21, 2021

Naver spent 1.33 trillion won ($1.1 billion) in research and development last year, nearly a quarter of its total annual sales, the company said Sunday. Its investment-to-sales ratio of 25.11 percent...
Launch of Korean satellite postponed in Kazakhstan

Mar 20, 2021

The launch of South Korea's next-generation midsized observation satellite, slated for Saturday afternoon at a space center in Kazakhstan, has been postponed, government officials here said. The 540...
Work ban on Samsung chief Lee Jae-yong ‘unclear’: compliance committee

Mar 19, 2021

An external compliance monitoring committee on Samsung Electronics and its affiliates concluded on Friday that the restriction on Samsung chief Lee Jae-yong’s employment was “unclear.” The committee...
Samsung Biologics to accelerate global expansion

Mar 19, 2021

Samsung Biologics’ CDMO business to cover a wider range of products, continue production increase and research capacity down the road
S. Korea set to launch next-generation observation satellite over weekend

Mar 19, 2021

South Korea will launch its next-generation midsized observation satellite this week, the latest in the country's efforts to boost its space industry and develop its own space technologies. The 540-...
[News Focus] LG Group’s spinoff decision to take center stage at shareholders meeting

Mar 18, 2021

Market expectations grow over LG’s ‘select and focus’ strategy, creation of new holding firm
Nafabeltan out, but push for homegrown COVID-19 drug continues

Mar 18, 2021

The competition to develop the country’s second COVID-19 treatment continues among South Korea’s major pharmaceutical companies after Chong Kun Dang Pharmaceutical recently dropped out. South Korea’...
Daewoong clinches W380b out-licensing deal with Chinese pharmaceutical firm

Mar 18, 2021

Daewoong Pharmaceutical said Thursday that the company has out-licensed its gastroesophageal reflux disease agent Fexuprazan to Shanghai Haini Pharmaceutical for 380 billion won. The deal included a...