The Korea Herald

[News Focus] Lee puts compliance 1st in ‘new Samsung’ vision

TechnologyJan 4, 2021

The foundry business is part of Samsung heir’s first concrete goal in business to make Samsung the world’s No. 1 system-on-chip business by 2030. Lee, alone, announced the goal and 133 trillion won i...
[New Year Special] What will lead Korea’s economic recovery in 2021?

IndustryJan 1, 2021

With 2020 behind us, the question now is what the recovery will look like for Korea Inc. With COVID-19 still raging here and abroad, and the prospects for vaccination in South Korea appearing hazy, ...
Businesses’ 2021 wish: Clear line between politics and economy

IndustryDec 31, 2020

Deregulation is what South Korean business entities want badly for the new year, with many of them raising concerns about a slew of legislation that they say will constrain business activities. Acco...
Cloud of uncertainty over Samsung as chief Lee faces possible jail time

TechnologyDec 30, 2020

The country’s largest conglomerate Samsung has been left unsure of what its future holds as its de facto chief faces possible jail time for corruption. Whether or not Lee Jae-yong will be put behind...
Huawei equipment passes international security test

TechnologyDec 29, 2020

Huawei announced Tuesday the company’s 5G and LTE equipment have passed global wireless standards body 3GPP’s testing, highlighting the security of its network. Performed by European certification o...
LG unveils most advanced LCD TV, QNED Mini LED

TechnologyDec 29, 2020

LG Electronics on Tuesday unveiled the highest-end category of its LCD TV lineup, the LG QNED Mini LED. LG’s announcement came earlier than its archrival Samsung Electronics’ plan to reveal new TV t...
S-Oil makes 5th investment in new material startup

TechnologyDec 28, 2020

S-Oil is continuing to make investments in promising startups in the fields of batteries, new materials, smart factories and carbon emissions, said the oil refining company as it announced Monday its...
Galaxy S21 Ultra likely to support fastest Wi-Fi so far

TechnologyDec 27, 2020

The Samsung Galaxy S21 Ultra is expected to support the fastest Wi-Fi speeds among all mobile gadgets in the Korean market, according to news reports Sunday. The highest-end model of the upcoming Ga...
LG set for record home appliance profits

TechnologyDec 27, 2020

Its patented technology True Steam can kill 99.99 percent of bacteria and some viruses. These include the influenza A virus (H3N2) as well as an adenovirus that affects dogs (ICHV), a herpes virus th...
LG Electronics to launch joint venture with Magna

TechnologyDec 23, 2020

LG Electronics will set up a joint venture with the world’s third-largest auto part maker Magna International in a bid to raise the competitiveness of its vehicle component business, the company said...
Samsung set to introduce more customizable appliances

TechnologyDec 23, 2020

The Bespoke brand was launched in 2019 as Samsung introduced the first refrigerator with consumer options to choose the colors and materials of the panels and configurations. The Bespoke fridge seri...
G+FLAS Life Sciences selected as a preliminary unicorn company

TechnologyDec 22, 2020

Biotech company G+FLAS Life Sciences, Inc. has been selected as a preliminary unicorn company eligible for special guarantee support by the Ministry of SMEs and Startups. The special guarantee for p...
Galaxy S21 renders draw attention with new camera module, color scheme

TechnologyDec 22, 2020

The entry model’s camera cutout in the latest render looks much narrower and thinner than the S20, which includes 12-megapixel wide and ultrawide cameras and a 64-megapixel telephoto module with 3x o...
Korea pins hope on exports in post-COVID-19 era

EconomyDec 21, 2020

Exports could be a breakthrough for the South Korean economy in the post-coronavirus era, a state-run trade agency said Monday. Despite numerous uncertainties that are expected to linger in 2021, th...
Businesses brace for near shutdown

IndustryDec 20, 2020

As South Korea’s daily coronavirus tally rose to a new record on Sunday, local businesses are bracing for a possible upgrade in the country’s social distancing rules to the toughest level yet – a par...