Porsche Korea builds playground in Seoul
TransportOct 15, 2021
Porsche Korea just built an indoor playground in Seoul as part of its Porsche Dream Playground program. The carmaker said Thursday that it has completed construction of the playground on the premises of Seokgwan Elementary School in Seongbuk-gu, northern Seoul. Holger Gerrmann, CEO of Porsche Korea, and officials from the school and ChildFund Korea attended a ceremony on Wednesday to mark the project’s completion. Through its community outreach program, Porsche Dream Playground, the c
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LG Electronics launches tiium, a smart plant growing device for home gardenersTechnologyOct 15, 2021Using various technologies from its home appliances, LG Electronics launched a smart plant germinator Thursday to help people with black thumbs grow plants and flowers indoors. “While many South Koreans attempt to grow their own plants at home these days, more than 60 percent have expressed difficulty in keeping them alive. LG tiium was launched to resolve this pain point prevalent among consumers,” said Sprout Company CEO Shin Sang-yoon at the media event Thursday. Sprout Company -
![[Newsmaker] Plane ticket sales to Europe spike](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=643&simg=/content/image/2021/10/15/20211015000638_0.jpg)
[Newsmaker] Plane ticket sales to Europe spikeRetailOct 15, 2021Sales of air tickets to Madrid increased 625 percent on-month in September amid growing hopes for a resumption of overseas tourism, as vaccination speeds up in South Korea. According to Interpark Tour, a leading travel agency here, demand for flights to European destinations sharply increased last month, compared with a month earlier. Sales of plane tickets to Zurich soared 275 percent, while those for Amsterdam grew 250 percent. Paris saw a jump of 76.3 percent, followed by Istanbul at 68 p
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Hanwha Energy launches ESG committee to beef up sustainable managementIndustryOct 15, 2021Hanwha Energy Corp., a South Korean renewable energy company, said Friday it has launched a committee to beef up sustainable management in light of the Environmental, Social and Governance (ESG) principles. The ESG committee, established within its board, will serve as the company's key division tasked with devising and reviewing mid- to long-term objectives and strategies in line with the ESG factors, which refer to business behaviors and practices that determine a company's future sustainabi -
Daewoo Shipbuilding wins W640.8b order for 4 container carriersIndustryOct 15, 2021Daewoo Shipbuilding & Marine Engineering Co. (DSME) said Friday that it has signed a 640.8 billion won ($542 million) deal to build four container carriers. Under the deal with a European country, DSME will deliver the vessels by November 2024, it said in a regulatory filing. In the first nine months, DSME posted $8.04 billion in new orders, surpassing its annual order target of $7.7 billion won. It is the first time for the company to achieve its annual order target since 2014, when the -
Battle for smartwatch market likely to intensify with release of new Apple productIndustryOct 15, 2021Apple Inc. on Friday released its new smartwatch -- Apple Watch Series 7 -- in South Korea in the latest move to further boost its presence in the growing smartwatch market. The release came as the pandemic-driven stay-at-home trend and rising health concerns have fueled the popularity of smartwatches fitted with health care and fitness features. The latest Apple smartwatch comes with a 20 percent bigger screen and a 40 percent thinner body than the Apple Watch Series 6. Its battery runs for -
Samsung Electronics breaks record for 5G upload speedIndustryOct 15, 2021Samsung Electronics said Friday that it has set a world record for 5G upload speed: 711 megabits per second. According to the South Korean IT giant, the feat was achieved in a recent trial conducted together with Verizon and Qualcomm in Texas. “For comparison, 700 Mbps is fast enough to download a 1 gigabit movie in 10 seconds. Multi-gigabit speeds have been recorded on downloads before, but this is the fastest speed the companies have been able to reach while uploading data to the net -
Posco Chemical recognized as ‘rising star’ at S&P Global Platts Global Metals AwardsIndustryOct 15, 2021Posco Chemical was chosen as the “Rising Star Company” at the 2021 Global Metals Awards, hosted by S&P Global Platts, the company said Friday. It is Posco Chemical’s first overseas award. “Posco Chemical has built a large, successful business in the lithium-ion battery market and forms a crucial part of Posco Group’s value chain integration for green mobility solutions. The company has a significant presence in the secondary battery materials business, which it -
KIPO outlines plan to prevent unfair competition, protect trade secretsIndustryOct 15, 2021With the reorganization of global supply chains and accelerating digital transformation since the outbreak of the COVID-19 pandemic, securing cutting-edge technologies in fields such as artificial intelligence and semiconductors is becoming ever more crucial. In addition to investing heavily in technological development, countries around the world are strengthening protection of trade secrets and control of technological exports to prevent leaking their core technologies to rivals. The South K -
Korea’s patent office expands international cooperationIndustryOct 15, 2021KIPO commissioner vows to bolster support for SMEs in patent disputes overseas with ‘tech police’ -
Yanolja to acquire Interpark, enter global tourism marketIndustryOct 14, 2021Travel and leisure platform operator Yanolja said on Thursday that it will acquire a 70 percent stake in Interpark, one of South Korea’s first e-commerce platforms, for 294 billion won ($248 million). Following the announcement of the deal, Yanolja said it would enter the global tourism market with the new “growth engine.” “The international tourism market has been dominated by foreign platforms. The acquisition will see Yanolja enter the market as a South Korea company -
Food and coffee brands offer Halloween specialsRetailOct 14, 2021Although normally celebrated at bars and clubs in South Korea, Halloween this year may look a little different as the pandemic puts paid to nights out partying. The retail industry is coming up with creative Halloween-themed treats and drinks to capture customers planning to celebrate at home. South Korean confectionery maker Orion dressed its signature Choco Pie in a Halloween costume this year. It launched a limited edition “Halloween Choco Pie,” using traditional flavors of H -
![[Herald Design Forum 2021] Sustainability the new trend for Gen Z, industrial designers say](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=643&simg=/content/image/2021/10/14/20211014000983_0.jpg)
[Herald Design Forum 2021] Sustainability the new trend for Gen Z, industrial designers sayIndustryOct 14, 2021Sustainability is a key trend in industrial design as Generation Z consumers prioritize conscious and valuable consumption when it comes to making purchases. The latest trend for those born between 1997 and the early 2010s, is not about being trendy, but about creating designs that people do not get sick of for a long period of time and thus leaving a smaller carbon footprint, said experts in industrial design who took part in the Herald Design Forum 2021 on Thursday. Benjamin Hubert, a Londo -
5 startups spin out from SamsungTechnologyOct 14, 2021Five in-house startups that have built business models upon the COVID-19 pandemic will spin out from Samsung Electronics, said the tech giant Thursday. Samsung said the five new spin-outs are the outcome of Samsung employees’ efforts to develop solutions for the post-pandemic era, raising growth prospects of the startups. One of them is DiaVision, a group of employees from Samsung’s medical equipment business, which has developed a quick COVID-19 diagnosis kit based on image reco -
![[Photo News] Flying in Seoul, controlled in California](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=643&simg=/content/image/2021/10/14/20211014000862_0.jpg)
[Photo News] Flying in Seoul, controlled in CaliforniaIndustryOct 14, 2021A pair of Hogreen Air’s hydrogen drones fly across the sky at a park in Gwangju, Thursday, remotely controlled by operators 9,042 kilometers away in California’s Silicon Valley using the 5G network. Hogreen Air said that with Thursday‘s experiment, it became the world’s first drone company to succeed in remote control of a drone over such a long distance.
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01Social distancing rules to be extended for two weeks: PM
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03[Newsmaker] Plane ticket sales to Europe spike
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05Prosecutors raid Seongnam City Hall over land development scandal
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07New virus cases slow down, eased distancing rules to be applied for 2 weeks
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09Moon asks Japan’s Kishida for diplomacy on disputes
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