Prosecutors question senior CJ executive over compromising videos of Samsung chairman

Prosecutors have recently questioned a senior CJ Group executive as part of a probe into whether the conglomerate was involved in the recording of compromising videos of Samsung Electronics Chairman Lee Kun-hee, a prosecution sour...

Blizzard to release remastered ‘Starcraft’ this summer

Blizzard Entertainment on Sunday said it would release “StarCraft: Remastered,” a high-definition remake of its megahit PC strategy game Starcraft, this summer.As its title suggests, the upcoming edition will feature 4K ultrahig...

Hanwha Group supports Asian startups at BOAO

Hanwha Group hosted a roundtable discussion on the future of Asian startups to better create a business environment for budding enterprises in the region, on the sidelines of the annual BOAO Forum, officials said Sunday.Titled “F...

Seoul Motor Show to unveil world premieres, highlight green cars

While the Seoul Motor Show is yet to reach the grandeur of other motor events, such as Auto Shanghai or the Tokyo Motor Show, this year’s event is set to capture audiences with two world premieres and an emphasis on environmental...

NPS at crossroads over Daewoo Shipbuilding rescue plan

Amid questions being raised over its political neutrality, the National Pension Service is again standing at a crossroads that could determine a company’s fate – this time troubled shipbuilder Daewoo Shipbuilding & Marine Engine...

[From the Scene] Rolling out 50,000 G6s daily, LG puts safety first

A 9.1 kilogram weight drops 61 meters onto a battery placed on an iron rod. When the weight hits with a dull thud, the battery is crushed but doesn't catch fire or explode. Various battery and smartphone tests are carried out at 6...

[Health-tech Korea] Welt smart belt monitors wearers’ health without intrusion

The Korea Herald is publishing a series of articles highlighting South Korea’s promising start-ups in the emerging sectors of digital health care and next-generation medical devices. This is the sixth installment. – Ed.When it c...

Korea to lend rare minerals to local businesses

South Korea's industry ministry said Sunday it will launch a program to lend rare minerals to key businesses, including chipmakers, in case of unexpected supply shortages.The Ministry of Trade, Industry and Energy said it has comp...

Citibank expands WM service in Korea

Citibank Korea has been expanding its global network-based wealth management service to differentiate its customer service in the South Korean financial market, the bank said Sunday.The Korean unit of the US bank opened its larges...

Lotte strives to contain China fallout over Thaad row

A message in Chinese is on display at Lotte Department Store in Sogong-dong, central Seoul, on Sunday. (Yonhap)Lotte Group appears to be in dire efforts to soothe Chinese customers amid an escalating diplomatic spat over South Kor...

LG expresses strong confidence in safety of G6 battery

South Korean tech giant LG Electronics Inc. unveiled its test lab to the public for the first time to reassure customers of the safety of its flagship smartphone G6 and its battery, industry watchers said Sunday.The company last w...

Automobile sales inch down in Korea on economic slump

The number of cars newly registered in South Korea edged down in 2016 from a year earlier, data showed Sunday, as the prolonged economic slump weighed down consumers' sentiment.According to the data compiled by the Korea Automobil...

LG Display to supply TV panels to Samsung: source

LG Display Co. plans to supply 700,000 units of liquid crystal display panels for TVs to Samsung Electronics Co. this year, industry tracker IHS Markit said Sunday.It will be the first such deal between the two South Korean firms,...

Korea's industrial output seen rising 3.7% in Feb.

South Korea's industrial output is expected to move up 3.7 percent on year in February, compared with a 1.7 percent growth tallied a month earlier, according to an estimate by an international ratings agency on Sunday.Stronger glo...

Market cap of LG Group affiliates surpasses 80 tln won

The combined market capitalization of 11 affiliates of LG Group, including LG Electronics Inc., has surpassed 80 trillion won ($71.3 billion), boosted by their better-than-expected earnings, industry data showed Saturday.According...