The Korea Herald

Kim Byung-wook

안녕하세요 Kim Byung-wook 기자입니다.

Articles by Kim Byung-wook

[Newsmaker] Korea raises electricity price for first time in 8 years

IndustrySept 23, 2021

A family of four in South Korea will see electricity bills rise as much as 1,050 won ($0.89) per month starting October as the Korea Electric Power Corp. decided to raise utility prices for the first...
[Herald Interview] Satrec Initiative poised for leap in Korea’s space rush

IndustrySept 22, 2021

“The key is to launch a satellite at the right time and get the information you need at the right moment. This is why we need a homegrown rocket, even if it’s more expensive than SpaceX.” The local ...
Hyundai Motor to reuse EV batteries as ESS in Texas

IndustrySept 15, 2021

Hyundai Motor Group said Wednesday it has joined hands with two local partners in Texas to test whether spent-up electric vehicle batteries could be reused as energy storage systems. ESS is a giant ...
Hyundai-LG joint battery plant breaks ground in Indonesia

IndustrySept 15, 2021

Hyundai Motor Group on Wednesday broke ground on a 10 gigawatt-hour battery cell production plant in Indonesia in cooperation with LG Energy Solution, joining the global race to secure battery cells ...
[From the Scene] Korea’s silent battle against urban sewage

IndustrySept 15, 2021

According to the official, the facility is designed to process 160 milligrams of organic waste in every liter of water. However these days, the facility faces densities as high as 500 milligrams per ...
Who is Yeo Han-koo?

IndustrySept 14, 2021

South Korea’s new Trade Minister Yeo Han-koo is a veteran negotiator who sat at the bargaining table for many of the free trade deals South Korea has inked over the past two decades, including the on...
[Herald Interview] Carving out a place for Korea in new global trade order

IndustrySept 14, 2021

When Yeo Han-koo, South Korea’s newly minted trade minister, first joined the officialdom in the early 1990s as a trade relations official, his country was just struggling to catch up with an emergin...
SK, Group14 to establish W850b battery material plant in Korea

IndustrySept 14, 2021

SK Materials and Group14 Technologies will jointly establish an 850 billion won ($725.7 million) silicon anode plant in Sangju, North Gyeongsang Province, to gain foothold in the next-generation elec...
GS Caltex dispatches robots into hazardous ops with nitrogen asphyxiation risks

IndustrySept 14, 2021

GS Caltex said Tuesday that it has deployed robots to maintenance tasks that entail risks of nitrogen asphyxiation, accelerating its digital transformation drive. According to the South Korean total...
LG Chem to produce 75,000 tons of corn-based bioplastic in US

IndustrySept 14, 2021

LG Chem said Tuesday it will form a joint venture with Archer Daniels Midland, one of the world’s largest corn processors, to produce 75,000 tons of corn-based bioplastic per year starting in 2025. ...
Hyosung Group Chairman Cho Hyun-joon calls for aggressive US push

IndustrySept 13, 2021

Hyosung Group Chairman Cho Hyun-joon called for an aggressive, preemptive approach to increase its business foothold in the US during his recent visit there, the group said Monday. “The US holds the...
[Herald Interview] Homegrown rocket may be ticket to join new space order

IndustrySept 12, 2021

This is the first installment in a series of interviews with executives of Korean companies with space ambitions. -- Ed. In 2013, South Korea celebrated the launch of its first rocket -- the “Naro” ...
Electricity bills likely to rise in Q4 as fuel prices soar

IndustrySept 12, 2021

South Koreans may face higher electricity bills later this year, as the government is mulling a response to compensate for rising fuel prices. According to industry sources Sunday, the Ministry of T...
[Interactive] How garbage mountains are piling up in South Korea

IndustrySept 10, 2021
LG Chem, Coupang to recycle 3,000 tons of packaging waste

IndustrySept 9, 2021

South Korea’s leading chemical firm LG Chem has joined hands with the nation’s e-commerce giant Coupang to recycle 3,000 metric tons of plastic packaging waste and to offer a door-to-door plastic-was...