The Korea Herald

FTC digs into Google’s disputed app billing

Apr 21, 2021

South Korea’s antitrust watchdog set out to investigate US-based tech giant Google on its enforcement of the disputed “in-app billing” system, responding to market backlash that the given payment sys...
KT says sorry for slow internet provided to most expensive plan subscribers

Apr 21, 2021

KT, one of South Korea’s top three telecom carriers, said Wednesday it has found 24 subscribers to its most expensive internet plan, which guarantees a connection of 10 gigabits per second, were not ...
S. Korea to introduce standardized ESG index

Apr 21, 2021

South Korea will launch a standardized environmental, social and governance index as businesses are confused by more than 600 different ESG indices existing home and abroad. The Ministry of Trade, I...
Kimchi exports hit all-time high in Q1

Apr 21, 2021

South Korea’s kimchi exports hit an all-time high in the first quarter of this year, recording the biggest trade surplus, government data showed on Wednesday. Overseas sales of kimchi recorded $46.6...
Regulator to accelerate review of SK hynix's acquisition of Intel's NAND biz

Apr 21, 2021

South Korea's antitrust regulator said Wednesday it will speed up its review of SK hynix Inc.'s deal to acquire US chipmaker Intel Corp.'s NAND business. Last October, SK hynix, the country's No. 2 ...
Hyundai Motor says not selling loss-making railway-making affiliate

Apr 21, 2021

South Korean automaker Hyundai Motor Co. on Wednesday denied rumors that it is considering the sale of its loss-making railway affiliate, Hyundai Rotem. Hyundai Motor said in a regulatory filing tha...
Listed firms' dividend payouts at 5-year high in 2020

Apr 21, 2021

South Korean listed firms' dividend payouts reached the highest in five years last year as their earnings were better than expected and they sought to improve shareholder value, the bourse operator s...
Hyundai Motor resumes production of sedans with eased chip shortage

Apr 21, 2021

South Korean automaker Hyundai Motor Co. said Wednesday it has resumed production at a domestic plant for Grandeur and Sonata sedans after two days of suspension following eased chip supply shortages...
Doosan Mobility Innovation joins Dutch offshore energy project

Apr 21, 2021

Doosan Mobility Innovation (DMI), a South Korean drone maker, said Wednesday that it has teamed up with a Dutch government agency to utilize its drones for an offshore energy project in the European ...
Kumho Mitsui Chemicals to invest W400b to expand chemicals production

Apr 21, 2021

Kumho Mitsui Chemicals Inc. said Wednesday it will invest about 400 billion won ($358.1 million) to expand its chemical manufacturing factory in South Korea's southwestern region. The joint venture ...
Hanwha Q Cells to supply solar modules for Angola's solar project

Apr 21, 2021

Hanwha Q Cells, a solar solutions unit of South Korean conglomerate Hanwha Group, said Wednesday it will provide solar modules for a 370-megawatt solar farm project in Angola. Hanwha Q Cells said it...
Hyundai Motor, BTS collaborate for Earth Day campaign

Apr 21, 2021

South Korean automaker Hyundai Motor Co. said Wednesday it has collaborated with K-pop icon BTS to suggest people take eco-friendly actions in their daily lives to protect the environment in a campai...
S-Oil’s total car management platform ‘Eurecar’ assembles partners

Apr 20, 2021

S-Oil said Tuesday that the company has signed Kumho Tire as the first partner for its all-in-one car management platform “Eurecar.” Set for release next year, the mobile app will offer a wide spect...
[Herald Interview] World’s No. 1 Tekken player vows to keep playing until 100 trophies

Apr 20, 2021

From being dirt-poor in his 20s to overcoming wrist pains in his 30s, the living legend is a fighter through and through
LG's Vietnamese smartphone production line to make home appliances

Apr 20, 2021

South Korean tech giant LG Electronics Inc. said Tuesday it plans to produce home appliances from its smartphone manufacturing line in northern Vietnam, as the company earlier decided to fully withdr...