The Korea Herald

Aug. car sales fall 4.5% amid chip shortage

TransportSept 1, 2021

South Korean carmakers' sales fell 4.5 percent last month from a year earlier as an extended global chip shortage and the COVID-19 pandemic continued to weigh on vehicle production and sales, industr...
Google hits wall in Korea, says will comply with local rule

TechnologySept 1, 2021

Korea becomes first country to regulate global tech giants’ business models
Incheon Airport to get new aircraft maintenance facility

IndustrySept 1, 2021

Global cargo airliner Atlas Air has agreed to build a freighter aircraft maintenance facility at Incheon Airport. Atlas Air signed a deal in July to set up a joint venture with Sharp Technics K to b...
Renault Samsung's Aug. sales up 17% on exports

IndustrySept 1, 2021

Renault Samsung Motors Corp. said Wednesday its sales rose 17 percent last month from a year earlier on strong exports of its SUV models. The South Korean unit of Renault S.A. sold 8,846 vehicles in...
‘High school economics textbooks biased, lack practical knowledge’

IndustrySept 1, 2021

Economics textbooks used in South Korean high schools lack practical knowledge about real-life issues, such as personal finance, and are biased against corporations, a study released by a big busines...
SK E&S bets future on carbon-neutral LNG, blue hydrogen

IndustrySept 1, 2021

Firm aims to be world’s No. 1 hydrogen player by 2025
CJ OliveNetworks opens AI lab in Gwangju

TechnologySept 1, 2021

CJ OliveNetworks, an ICT solutions provider of CJ Group, has established a research center on artificial intelligence in the southeastern city of Gwangju, the company said Wednesday. Named as “CJ Lu...
Ex-Samsung CEO appointed as chairman of board at SNU Holdings

IndustrySept 1, 2021

Kwon Oh-hyun, who led Samsung Electronics’ semiconductor business until 2017, will chair the board of directors at SNU Holdings, a holding company of his alma mater Seoul National University, the uni...
Korean food catering company Our Home expands to the United States

RetailSept 1, 2021

South Korean food catering service provider Our Home will run a cafeteria for the United States Postal Service, becoming the first Korean firm to clinch a deal from a US public institution. The comp...
Exports continue record streak in August; growth in all major sectors

IndustrySept 1, 2021

South Korea continued to report record-shattering export results in August, data showed Wednesday, reinforcing an economic recovery almost single-handedly driven by overseas sales as domestic spendin...
Doosan unveils industry’s most efficient fuel cells for homes, buildings

IndustrySept 1, 2021

Doosan Corp. said Wednesday it has developed the industry’s most efficient solid oxide fuel cell for homes and buildings, with plans to offer the new product to the market next year. According to th...
S. Korean trade minister, WTO chief discuss restoring multilateralism amid pandemic

IndustrySept 1, 2021

South Korea’s newly appointed Trade Minister Yeo Han-koo on Wednesday exchanged ideas with World Trade Organization Director General Ngozi Okonjo-Iweala on how to restore multilateralism in global tr...
Hyundai Heavy, Babcock join forces for S. Korea's 1st aircraft carrier

IndustrySept 1, 2021

Global shipbuilder Hyundai Heavy Industries Co. said on Wednesday that it has signed a partnership deal with British defense company Babcock to cooperate on a project to build South Korea's first air...
S. Korea, ASEAN aim to forge deeper economic ties amid pandemic fallout

IndustrySept 1, 2021

South Korea and the Association of Southeast Asian Nations (ASEAN) agreed Wednesday to deepen trade ties to cope with the economic fallout from the COVID-19 pandemic and make efforts to increase the ...
Hyundai unveils mini SUV Casper

TransportSept 1, 2021

Hyundai Motor Co., South Korea's biggest carmaker, on Wednesday unveiled the mini SUV Casper in the latest move to diversify its product lineup. The Casper comes with a 1.0-liter multi-point injecti...