The Korea Herald

Samsung slips to 4th in 5G smartphone market in Q1: report

Apr 30, 2021

Samsung Electronics Co. lost its leading position in the global 5G smartphone market to rank fourth in the first quarter of the year, a report showed Friday, as Apple Inc. and Chinese makers expanded...
S. Korea's functional food market growing rapidly amid pandemic

Apr 30, 2021

The South Korean market of functional foods is growing fast amid greater awareness of health amid the coronavirus pandemic, a report showed Friday. Sales of red ginseng and other health functional f...
Watchdog views Coupang as 'conglomerate'

Apr 29, 2021

FTC’s conservative decision triggers questions on incumbent corporate regulatory frame
Posco to increase social contributions, strengthen ESG drive

Apr 29, 2021

Posco has pledged to increase its social contributions while embracing the emerging trend of environmental, social and corporate governance, or ESG, management around the globe, the company said Thur...
[Feature] Can Korea ditch Xinjiang polysilicon over forced labor?

Apr 29, 2021

Uneasiness grows over country’s growing dependence on Chinese solar panels amid Green New Deal
[Exclusive] LX Holdings to co-use 'LX,' ends naming dispute

Apr 29, 2021

The soon-to-launch LX Holdings is close to settling a name dispute with the Korea Land and Geospatial Informatix -- a public agency which has been operating under the name LX for years. The two have ...
LG Electronics delivers record earnings in Q1 on robust home appliance biz

Apr 29, 2021

LG Electronics Inc. on Thursday reported its best-ever quarterly earnings in the first quarter on the back of robust home appliance sales. The South Korean tech giant said it logged a net profit of ...
Korea Shipbuilding bags order for 4 very large gas carriers

Apr 29, 2021

Major South Korean shipyard Korea Shipbuilding & Offshore Engineering Co. (KSOE) said Thursday it has won a 365 billion-won ($329 million) order to build four very large gas carriers (VLGCs). KSOE, ...
Samsung suffers more than W300b loss due to monthlong Texas chip shutdown

Apr 29, 2021

Samsung Electronics Co. said Thursday that a monthlong shutdown at its US semiconductor plant cost it more than 300 billion won ($270 million) in losses, although the facility is now fully normalized...
Kia, SK Innovation team up for recycling of used EV batteries

Apr 29, 2021

South Korean automaker Kia Corp. and its battery supplier SK Innovation Co. will work together for the recycling of used electric vehicle (EV) batteries to secure valuable metals and reduce waste, th...
Naver Q1 net skyrockets to W15.3tr due to accounting profits

Apr 29, 2021

South Korea's top internet portal operator, Naver Corp., said Thursday its net profit jumped 11,252.5 percent on-year during the first quarter due to accounting profits. Net profit reached 15.31 tri...
SK Telecom to support ESG startups with Microsoft, SAP

Apr 29, 2021

SK Telecom Co., South Korea's largest mobile carrier, said Thursday it has launched an alliance with global tech giants, including Microsoft Corp. and SAP, to support local startups in the environmen...
Samsung sees chip recovery in Q2 after forecast-beating Q1 results

Apr 29, 2021

Samsung Electronics Co. on Thursday expected its semiconductor business to rebound in the current quarter following mediocre performance, although its mobile unit is projected to suffer a profit decl...
Samsung inheritance, a record unlikely to be broken

Apr 28, 2021

Samsung chief Lee Kun-hee died Oct. 25, 2020, as South Korea’s richest man, leaving behind a massive fortune that local reports have put at 30 trillion won ($27 billion) in total value. Nearly six m...
Samsung family to pay W12tr in inheritance tax

Apr 28, 2021

Lee Kun-hee’s heirs announce donation plans, including 1 trillion won for infectious disease research and over 20,000 artworks