Articles by Shin Ji-hye
Shin Ji-hye
shinjh@heraldcorp.com-
Toyota keeps world No. 1 title with record vehicle sales
Toyota sold a record 9.98 million vehicles last year, it said Thursday, outpacing rivals General Motors and Volkswagen to maintain its title of world's biggest automaker.The Japanese auto giant's highest-ever annual sales volume came thanks to a weaker yen as well as strong US and China sales, signaling it had recovered from a series of damaging safety recalls and Japan's 2011 quake-tsunami disaster.The figures beat US-based GM, which said it sold 9.71 million cars last year, while Germany's Vol
Industry Jan. 23, 2014
-
SK C&C increases inroads into China
SK C&C president Chung Chul-khil has visited China to highlight the company’s moves to expand its global business, SK C&C said on Thursday. Chung was in Beijing and Shenzhen, China, from Jan. 21 to 23 to discuss new business plans and market trends with the regional branch members. “SK C&C will reinforce its competitiveness and have achieve tangible outcomes through localization and partnership in China,” Chung said. “The company should share its structural reform outcomes and best practices wit
Industry Jan. 23, 2014
-
Google may face penalty over privacy
Google could face disciplinary action from the country’s communication regulator as the global search giant seems to have collected private personal data without individuals’ consent for its Street View services.The Korea Communications Commission said Tuesday that it would decide whether or not to impose penalties against Google as soon as it completes its investigation.“We have almost completed our investigation into Google. Its alleged data gathering without (consumers’) consent is in breach
Technology Jan. 21, 2014
-
KCC sides with KBS on license fee increase
Korea Communications Commission chairman Lee Kyeong-jae confirmed that the organization agrees with the license fee hike submitted by the Korea Broadcasting System, the nation’s largest television network. He said at a press event on Monday that the “KCC has reviewed the plan financially and legally. Though the increase may not get a good response from the public in the beginning, the plan as a whole makes sense. With continuous discussions, I believe the public will also understand this.” He ad
Industry Jan. 20, 2014
-
Korea boosts space partnership with India
Korea will enhance bilateral partnership with India not only in information technology but also in the aerospace sector, the Ministry of Science, ICT and Future Planning said in a press release on Sunday. Science, ICT and Future Planning Minister Choi Mun-kee, who accompanied President Park Geun-hye to India, visited Bangalore on Saturday to seek a partnership with India’s space and software industry. ‘‘During his visit to the city nicknamed the Silicon Valley of India, the minister visited the
Industry Jan. 19, 2014
-
KT launches LTE roaming service in Russia
KT, the nation’s second-largest mobile carrier, said on Sunday the company is now able to provide international Long Term Evolution roaming service in Russia. The company now offers this type of service in a total of 12 countries, including Canada and Malaysia. “The LTE roaming service was expanded as a number of customers are expected to visit Russia for the winter event this year,” said Kim Seok-joon, a head of KT’s Roaming & Data business division. “KT will continue to provide services for us
Industry Jan. 19, 2014
-
Samsung breaks mold in hiring
Samsung Group, the nation’s largest conglomerate, said Wednesday that it would revamp its recruitment process in a bid to reduce unnecessary social costs related to exams and private education. Young job seekers in Korea have generally spent considerable time and money on developing their qualifications and on entrance exams by attending expensive private academic institutions to get hired at large companies such as Samsung. Samsung said it plans to lower its dependence on the Samsung Aptitude T
Industry Jan. 15, 2014
-
LG Chem to supply 3-D printer material to Stratasys
LG Chem, the nation’s leading chemical company, is expected to supply its acrylonitrile butadiene styrene plastic to Stratasys, a U.S.-based 3-D printer manufacturer, according an industry source on Tuesday. The Korean chemical company will supply the ABS plastic pallets to a processing company, which will then process the material to supply Stratasys. “To our knowledge, LG Chem may have already begun providing ABS for Stratasys,” a source from Stratasys said. “ABS is currently the most commonly
Industry Jan. 14, 2014
-
Think tank calls for tax code revision
South Korea needs to redefine what constitutes close family relations in its basic tax code law to reflect realistic social and economic conditions, a think tank belonging to an association of conglomerates said Monday.According to the Korea Economic Research Institute, the research arm of the Federation of Korean Industries, South Korea maintains outdated taxation rules that define close blood and in-law relatives based on revisions made in 1974. It said such rules do not reflect the way people
Industry Jan. 13, 2014
-
Samsung, LG TVs win awards at CES
Samsung Electronics, the nation’s leading electronics maker, won the Best of Innovations Award in the television segment for the third consecutive year during the 2014 International CES in Las Vegas.Its 65-inch smart TV H7100 was selected for innovations including its “real 240Hz panel” and a quad-core processor, the company said in a statement on Friday. Samsung also won innovation awards for other products including its 105-inch curved ultra-high definition TV. The U.S. tech site HD Guru selec
Industry Jan. 10, 2014
-
Kakao to launch news content service
The nation’s leading mobile messenger provider Kakao plans to launch a news content service, the company confirmed on Friday. “The company is planning to provide a service with diverse content that may include news,” the company official said. “However, as the service planning is still in a nascent stage, we are not in a position to disclose content details.”Kakao said it has already formed a task force for the new project that has been meeting with media companies to gather ideas. The service w
Industry Jan. 10, 2014
-
S. Korea offers to hold road show for Kaesong complex
Officials of the two Koreas discussed Thursday sustainable development of their joint factory park as global financial officials toured the enclave, a symbol of inter-Korean detente.Internationalization was a key topic of the rare inter-Korean meeting in the North's border city of Kaesong, where the factory park is located. The meeting was the first of its kind since September.The meeting drew keen media attention as it came following the shocking purge and execution of North Korean leader Kim J
North Korea Dec. 19, 2013
-
Rodman in NKorea to prep for game on leader's Bday
Former NBA star Dennis Rodman arrived in North Korea on Thursday to meet leader Kim Jong Un and put the finishing touches on plans to bring 12 ex-NBA players to Pyongyang for a Jan. 8 exhibition game marking the leader's birthday. Rodman said the game is on track despite the recent execution of Kim's uncle in a dramatic political purge.Rodman's visit comes less than a week after North Korea announced the execution of Jang Song Thaek, an unprecedented fall from grace for one of the most powerful
North Korea Dec. 19, 2013
-
Samsung, Apple, Coca-Cola, Boundless: Intellectual Property
Samsung Electronics Co., Apple Inc.’s rival in the smartphone market, is seeking U.S. patent protection for a mobile device with dual screens. Application 20130314338, published in the database of the U.S. Patent and Trademark Office on Nov. 18, covers a dual display apparatus and the method of its operation. According to the application, the technology would make it possible for a user to see a second display, either through the first, or on a surface opposite to the first. This would enable a
Technology Dec. 19, 2013
-
Facebook's Zuckerberg to sell 41.35 million 'B' shares
Facebook founder Mark Zuckerberg will sell 41.35 million 'B' shares in the company for tax purposes, US stock market regulators said on Thursday.These shares will allow Zuckerberg to retain power over Facebook because each has 10 voting rights. Proceeds from the sale will allow the young billionaire to pax taxes due on the exercise of an option enabling him to obtain 60 million additional 'B' Facebook shares.(AFP)
World Business Dec. 19, 2013
Most Popular
-
1
Contentious grain bill put directly to plenary meeting for vote
-
2
Yoon's approval rating plunges to all-time low
-
3
Will tug-of-war between doctors, government end soon?
-
4
Climate impacts set to cut 2050 global GDP by nearly a fifth
-
5
Trilateral talks acknowledge ‘serious’ slumps of won, yen
-
6
[Graphic News] More Koreans say they plan long-distance trips this year
-
7
[KH Explains] Hyundai's full hybrid edge to pay off amid slow transition to pure EVs
-
8
North Korea removes streetlights along cross-border roads with South
-
9
Russia's denial of entry of S. Korean national unrelated to bilateral ties: Seoul official
-
10
Farming households dip below 1m for first time in 2023