Articles by 박윤아
박윤아
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Home transactions rise 4% in Aug.
[THE INVESTOR] South Korea’s home transactions gained 4.3 percent from a year earlier last month, government data showed on Sept. 12.The number of home transactions came to 98,130 in August, up from 94,110 tallied over the same month last year, according to the Ministry of Land, Infrastructure and Transport.The total number of transactions has been on a steady rise since February when it dropped to 59,000, following tightened bank loan guidelines aimed at cooling down a heated local real estate
Sept. 12, 2016
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KMH Hitech earns patent for semiconductor chip tray
[DISCLOSURE] KMH Hitech (052900) announced on Sept. 12 that it has acquired a patent for a semiconductor chip tray that prevents small-sized semiconductors from breaking away. By Park Yuna (yunapark@heraldcorp.com)
Sept. 12, 2016
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Samsung’s brand loyalty unaffected by Note 7 recall: survey
[THE INVESTOR] The recent large-scale recall of the Galaxy Note 7 smartphone over faulty batteries has not significantly impacted foreign consumers’ brand loyalty to Samsung Electronics, according to some online polls by internet news websites Monday.According to an online survey of 11,759 internet users by US technology news website Android Police, around 39 percent said the recall “hasn’t affected my trust or perception of Samsung’s brand (whether positive or negative).”Some 36 percent of the
Sept. 12, 2016
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Korea’s direct investment in China waning: report
[THE INVESTOR] South Korea’s direct investment in China has dropped for the past decade, a report showed on Sept. 12.According to the report compiled by the Federation of Korean Industries, the largest business lobby with the top 600 firms in South Korea under its wings, the country‘s direct investment in China, the world’s No. 2 economy, reached US$2.85 billion last year, a sharp drop from its peak at $5.44 billion in 2007.The number of newly established South Korean firms in China sank to 700
Sept. 12, 2016
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Korea’s ICT exports pick up in Aug.
[THE INVESTOR] South Korea’s exports of information and communications technology products fell at the slowest pace in 10 months in August, government data showed Sept. 12.ICT exports reached US$14.13 billion last month, down 2.1 from $14.43 billion a year ago, according to the data compiled by the Ministry of Trade, Industry and Energy.The August figure extended its losing streak to 10 straight months starting in October last year, but also marked the slowest on-year decline since the same mont
Sept. 12, 2016
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Hyundai’s Ioniq EV sales top 1,000 units
[THE INVESTOR] Hyundai Motor said on Sept. 12 that the sales of the Ioniq Electric, has reached more than 1,000 units in South Korea in two months of the car’s debut here.Hyundai Motor said it also had contracts to deliver an additional 2,000 units of the vehicle. The automaker said earlier it aims to sell at least 4,800 Ioniq Electric units in the country this year alone.Hyundai Motor's Ioniq Electric Hyundai began the sale of the Ioniq line, which includes the firm’s first pure electric vehicl
Sept. 12, 2016
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Hyundai’s fuel cell EVs to be used as taxis
[THE INVESTOR] Hyundai Motor, South Korea’s leading automaker, said on Sept. 12 that it has signed a deal with a local government to supply its fuel cell electric vehicles. Under the deal, the automaker will deliver 10 units of the Hyundai Tucson FCEV to the city of Ulsan where they will be run as cabs. Hyundai Motor also signed a separate deal to provide its FCEVs for a car-sharing program in Gwangju, a southern city, it said. Hyundai Tucson FCEVAn FCEV is a type of hybrid vehicle that uses a f
Sept. 12, 2016
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Chinese employees of Taiwan cosmetics firm to visit Korea
[THE INVESTOR] Employees of Kelti Group, a Taiwanese cosmetics distributor and personal health care provider, are set to visit South Korea this week on an incentive tour program, the state-run tourism organization said on Sept. 12. About 6,400 employees of Kelti Group’s Chinese branch will arrive in the southwestern port of Yeosu in two groups on Sept.13 and Sept. 18 aboard a 14,000-ton cruise ship as part of the group’s incentive program, the Korea Tourism Organization said.Kelti Group headquar
Sept. 12, 2016
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More Korean households live in makeshift abodes
[THE INVESTOR] Although South Korea’s housing penetration rate has well exceeded 100 percent, but there are over 300,000 households who live in makeshift arrangements, data showed on Sept. 12.Numbers provided by Statistics Korea said that as of November last year, 11,409 households lived in abodes with plastic roofs or made of planks. Another 30,131 households lived in motels and other types of accommodations. Statistics showed 322,591 households lived in temporary barracks built at construction
Sept. 12, 2016
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Hyundai Industrial’s CEO sells shares to boost stock circulation
[DISCLOSURE] Hyundai Industrial (170030) announced on Sept. 9 that its CEO Kang Hyun-seok and individuals with special relationship have sold the company’s 1.09 million stocks in a block deal. The decision was part of efforts to attract investors by increasing the company’s stock circulation.By Park Yuna (yunapark@heraldcorp.com)
Sept. 9, 2016
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Mobile gift card sales rise ahead of Chuseok
[THE INVESTOR] Online retailers have reported a surge in sales of mobile gift certificates ahead of the Chuseok holiday, according to the retailers on Sept. 9. Thanks to their convenience, mobile gift cards have rapidly gained popularity in South Korea and become a staple of gift giving before major holidays. According to an online shopping website, 11th Street, sales of mobile gift certificates jumped about six times more during the first seven days of this month, compared with the seven-day pe
Sept. 9, 2016
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Cheap whiskies get popular in Korea
[THE INVESTOR] Whisky brands in South Korea have released affordable, smaller products to target a growing number of people who drink at home, industry officials said on Sept. 9. Lotte Liquor, a liquor unit under Lotte Group, said it has released “Scotch Blue King,” which blended Scottish grain whisky and malt extract, at 16,500 won (US$15), removing unnecessary packaging to lower the price below $20.The latest product comes after they launched a cheap whisky, Scotch Blue Highball, at 1,265 won,
Sept. 9, 2016
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CEO of Kolon Plastics acquires 5,000 company stocks
[DISCLOSURE] Jang Hee-goo, CEO of Kolon Plastics (138490), reported on Sept. 9 that he has acquired the company’s 5,000 stocks. Jang now has a 0.05 percent stake in the firm, owning 17,617 shares in total. By Park Yuna (yunapark@heraldcorp.com)
Sept. 9, 2016
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Daelim to list Daelim AMC as its affiliate
[DISCLOSURE] Daelim (00210) announced on Sept. 8 that it has decided to list Daelim AMC, a real estate asset management firm, as its affiliate. The total capital of Daelim AMC amounts to 7 billion won (US$6.35 million). By Park Yuna (yunapark@heraldcorp.com)
Sept. 9, 2016
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Il Jin Power Energy signs W2.5b repair contract in Ilsan
[DISCLOSURE] Il Jin Power Energy (094820) announced on Sept. 8 that it has signed a contract worth 2.4 billion won (US$2.17 million) with Korea East-West Power regarding repairs of the cogeneration plant in Ilsan, Gyeonggi Province. By Park Yuna (yunapark@heraldcorp.com)
Sept. 9, 2016
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