Articles by Cho Chung-un
Cho Chung-un
christory@heraldcorp.com-
LSIS named leading global IPR innovator
LS Industrial Systems, a South Korean power and energy solution provider, was named one of the world’s 100 most innovative companies regarding intellectual property rights by Clarivate Analytics, a consulting group formerly owned by Thomson Reuters. The company made the list for the eighth straight year. LG Electronics and Samsung Electronics also made the list. (LSIS)LSIS was one of the three energy companies along with Exxon Mobil of US and Total of France included in the list of the world’s
Industry Feb. 18, 2019
-
Ex-Posco executive to head Hyundai Steel’s R&D division
Hyundai Motor Group has named Ahn Dong-il, a former executive with the steel giant Posco, as president of the R&D and technology development division within its subsidiary Hyundai Steel, the group said in a statement Friday.Ahn is known as a top engineer who served as head of Posco’s two manufacturing bases: one in Gwangyang, South Jeolla Province, and one in Pohang, North Gyeongsang Province. Ahn Dong-il (Hyundai Steel)His appointment to the role is part of the group’s efforts to improve its co
Industry Feb. 15, 2019
-
[Video] Hyundai Motor chief makes video debut on Nexo
Taking a step closer to the company’s young workforce, Hyundai Motor Group Executive Vice Chairman Chung Eui-sun recently made a surprise video debut -- filming himself test-driving the Nexo, the fuel-cell electric vehicle that the company is betting on as the key to its future growth.In the video, a CEO message addressed to the carmaker’s midlevel employees, Chung drinks coffee and checks his “urgent email” while the vehicle is in self-driving mode.Hyundai Motor Group Executive Vice Chairman Ch
Mobility Feb. 15, 2019
-
Hyundai, Kia revamp recruitment system
South Korean auto giant Hyundai Motor and its sister company Kia Motors will hire new talents year-round, ditching their conventional recruitment system. Starting this year, the companies will hire new employees by opening job vacancies all year round, the company said on Wednesday in a statement. The new system is seen as an attempt to make changes in its corporate culture, often criticized as hierarchical and monolithic. (Hyundai Motor)It is aimed at securing young talents capable of leading
Industry Feb. 13, 2019
-
Posco Daewoo acquires Ukraine grain export terminal
Posco Daewoo, the trading arm of steel giant Posco, has acquired a 75 percent stake in a grain export terminal held by a Ukrainian logistics firm as part of efforts to bolster its position as a global grain trader, the company said Wednesday.Posco Daewoo has signed a contract with Orexim Group, a logistics firm in Ukraine, entitling the Korean firm to operating rights over the terminal. Orexim will keep the rest of the shares, officials said, while declining to reveal the takeover price, citing
Industry Feb. 13, 2019
-
Talk of Hanwha chief’s comeback draws mixed responses
Speculation has been circulating that the head of Hanwha Group might return to the management of the nation’s chemical-to-energy giant, as his suspended sentence ordered by the court is nearing its end. The 67-year-old tycoon has kept a low profile for the past seven years. In 2014, Hanwha Group Chairman Kim Seung-youn was sentenced to three years in jail, suspended for five years, for illegally diverting funds from healthy affiliates to weaker companies he owned. Kim’s sentence ends on Feb. 18,
Industry Feb. 12, 2019
-
Mercedes-Benz ranks 4th in local sales, outselling GM, Renault Samsung
German luxury carmaker Mercedes-Benz placed fourth on the list of carmakers’ sales here in January, outselling some with manufacturing bases here.According to industry data, the importer and the distributor of the German carmaker sold 5,796 vehicles last month, accounting for 4 percent of the total 114,632 vehicles sold. Mercedes-Benz S Class (Mercedes-Benz Korea)The number of vehicles places Mercedes-Benz behind Hyundai Motor, Kia Motors and SsangYong Motor. Hyundai and its sister company Kia
Mobility Feb. 11, 2019
-
[Weekender] Reinterpreting taxis in era of sharing economy
Taxis are more than a means of transport for Koreans. They serve as a platform where people talk about life, societal changes and, of course, politics, with those behind the wheel. On top of their cultural and social value, for decades, they have been one of the most reliable and relatively inexpensive door-to-door transport services, offering convenience to people with hectic city lives. These are probably the reasons why taxis and drivers appear frequently in cultural content. (Yonhap)From mov
Mobility Feb. 7, 2019
-
U.S., N. Korea talks on second summit likely to be held in Panmunjom: sources
The United States and North Korea will likely hold their working-level talks on a proposed meeting of their leaders at a joint border village of the two Koreas, informed sources said Saturday.They said the talks may begin as early as Monday."The date and venue of the North Korea-U.S. dialogue have yet to be announced, but Panmunjom seems like the most likely venue for now," a diplomatic source here said. Panmunjeom is seen in the April 26, 2018 file photo. (Yonhap)The working-level dialogue will
North Korea Feb. 2, 2019
-
'Underdog' director voices disappointment at poor audience turnout
A co-director of the South Korean animated film "Underdog," said Saturday that he is disappointed at the weaker-than-expected public attention to his brainchild produced after seven years of painstaking efforts."I just feel distressed. I've realized the high wall of prejudice against Korean feature animations," said Oh Sung-yoon in a telephone conversation with Yonhap News Agency.The film, jointly directed with Lee Chun-baek for a period of seven years, was released Jan. 16 but has so far drawn
Film Feb. 2, 2019
-
Korean auto writers pick Hyundai’s Palisade as Car of the Year
Hyundai Motor’s sports utility vehicle Palisade that debuted late last year has been named Car of the Year by a group of Korean auto journalists, the organization said Wednesday. The vehicle also scored highest marks in the SUV category, the Korea Automobile Journalists Association said in a statement. (Yonhap)The association that comprises 48 newspapers, TV stations and magazines tested 58 vehicles from 21 brands from late last year at three separate test-drive sessions. The Palisade scored 93.
Mobility Jan. 30, 2019
-
SK Holdings invests $100m in US smart glass maker
SK Holdings, the holding company of the nation’s second-largest conglomerate by market cap, has invested $100 million into American smart glass manufacturer Kinestral in a deal that gives the Korean company the right to manufacture and sell the product in China.Smart glass tints to darker neutral grays to block solar heat and light when voltage is applied. The product, used both for residential and commercial buildings, blocks 99 percent of ultraviolet light and reduces 30 percent of heat energy
Mobility Jan. 30, 2019
-
Hyundai’s Genesis to debut in China, but faces hurdles
South Korean auto giant Hyundai Motor is planning to launch its luxury brand Genesis in China, seeking a change in its sales strategy that has only targeted the mass market for years.Hyundai Motor is in preparation for the official launch of the brand, said officials in Seoul, and is looking for places to start the business in Shanghai.The carmaker is reviewing launches in the regional basis of the world’s largest auto market along with Shanghai to compete with other luxury automakers that have
Mobility Jan. 30, 2019
-
Hanwha Q Cells named top solar installer in Europe, Australia
South Korean solar panel maker Hanwha Q Cells was named the top photovoltaics installer in Europe and Australia this year by research institutes in the respective regions that surveyed its brand recognition, management and market share, the company said Tuesday.In Europe, Hanwha Q Cells has remained in the top position since its acquisition of German company Q Cells in 2012, and for four years in Australia. The survey was conducted and announced by EuPD Research, an information provider on busin
Mobility Jan. 29, 2019
-
BMW Korea bets on renewed 3 Series, X5 in Q1
BMW Korea, the local branch of the German luxury carmaker, is betting on sales of the all-new 3 Series and X5 in the first quarter of this year. The seventh generation of the 3 Series, BMW’s best-selling series for more than 40 years, is ready to hit the market in March with a renewed design, technology-enhanced features and upgraded performance, the company said in a statement. BMW 3 Series (BMW Korea)The sports sedan, more than 15 million units of which have sold worldwide, was unveiled at t
Mobility Jan. 29, 2019
Most Popular
-
1
[Exclusive] Korean military set to ban iPhones over 'security' concerns
-
2
Korean, Romanian leaders discuss defense tech, nuclear energy
-
3
[Graphic News] 77% of young Koreans still financially dependent
-
4
S. Korea calls on Japan to confront history amid Yasukuni Shrine visit
-
5
Yoon’s jailed mother-in-law excluded from latest parole list
-
6
Hybe and Min Hee-jin, CEO of Hybe sublabel Ador, lock horns
-
7
[Pressure points] Leggings in public: Fashion statement or social faux pas?
-
8
Yoo Jae-suk, Yoo Yeon-seok team up in 'Whenever Possible'
-
9
Korea’s homegrown nanosatellite successfully launches into space
-
10
Aging population to drive down Korea's housing prices from 2040: experts