Articles by Jo He-rim
Jo He-rim
herim@heraldcorp.com-
Ikea, Lego Group team up to roll out Bygglek series
Global furnishing company Ikea and Lego Group on Friday introduced a new collaboration project Bygglek, which combines the concept of play and storage. The two companies said they have teamed up to develop a solution to facilitate playing with the lego bricks at home while lessening the burden of cleaning up and organizing. Bygglek is a box-shaped storage closet with the lego studs, allowing children to play, exhibit their work inside, and also store them after playing, Ikea explained. &l
Consumer Aug. 28, 2020
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Kia Motors launches revamped Stinger Meister
Kia Motors launched the face-lifted version of sports sedan Stinger Meister on Thursday, with enhanced performance. Revealing a promotional video featuring actor Go Soo on YouTube and Naver TV, the automaker presented the upgraded model, which was first released in 2017. The new Stinger Meister is offered with two gasoline engines, the new Smartstream 2.5 Turbo and 3.3 Twin-Turbo. It is the first time for Kia to equip the Smartstream G2.5 T-GDI in its vehicle. The Smartstream 2.5 Turbo pr
Mobility Aug. 27, 2020
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Mercedes-Benz Korea unveils 3 new models of luxury SUV family
Mercedes-Benz Korea on Thursday unveiled three new luxury sports utility vehicle models, expanding its premium SUV lineup to nine in the country. In the unveiling ceremony held via its official YouTube channel, the automaker presented Mercedes-Benz GLB, a “versatile” family SUV; the new Mercedes-Benz GLA, a dynamic sporty SUV; and the new Mercedes-Benz GLE Coupe, a premium coupe SUV. Opening the unveiling event was interim President and CEO Kim Jee-seop, who was formerly vice pre
Mobility Aug. 27, 2020
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Hyundai Steel finds new uses for coffee waste
A Hyundai Steel social contribution project is finding ways to repurpose coffee waste and create jobs along the way. When someone brews a cup of coffee, only 0.2 percent of the coffee grounds ends up in the final product. The other 99.8 percent is discarded as waste. According to Hyundai Steel, about 150,000 tons of coffee waste are either buried or incinerated in South Korea. To find new uses for used coffee grounds, the steelmaker teamed with the Korea Productivity Center and Korea Green
Industry Aug. 26, 2020
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Korea Ginseng Co. donates W1b worth of ginseng to support COVID-19 relief efforts
Korea Ginseng Co., the country’s leading ginseng manufacturer, said Tuesday that it donated 1 billion won ($843,000) worth of ginseng products to support the medical personnel and public servants dealing with the COVID-19 crisis. Before making the donation, the company said, it organized a walking campaign from Aug. 3 to Friday, and vowed to donate the goods if participants met the target of 500 million steps. In response, about 10,000 people recorded 570 million steps via the CheongKwan
Industry Aug. 25, 2020
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Renault Samsung’s XM3 appeals to younger buyers
Renault Samsung Motors’ compact sport utility vehicle XM3 is gaining praise from young consumers for its unique design, according to market watchers. The XM3 reportedly sold 10,000 units in just 49 days after its release in March, a record for the company. The compact SUV sold over 5,000 units monthly for four consecutive months following its launch, accumulating sales of 24,161 units as of July -- the highest figure in four months, in the domestic compact SUV market. The vehicle&rsqu
Mobility Aug. 25, 2020
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Ikea’s sales in Korea grows 32.6% despite COVID-19
Ikea Korea said Tuesday it saw sales grow by over 30 percent in the fiscal year of 2020 following increased interest in home furnishing amid COVID-19. Holding an online press conference via Zoom, Ikea Korea Country Retail Manager Fredrik Johansson revealed that the home furnishing retailer recorded a turnover of 663.4 billion won in the fiscal year of 2020 (from September 2019 to August 2020), growing 32.6 percent on-year. During the period, the number of visitors to Ikea also increased. Th
Consumer Aug. 25, 2020
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BMW Korea rolls out limited editions for 25th anniversary
BMW Korea said Monday it is launching three new limited edition models online to celebrate 25 years in Korea. The automaker will be releasing two sport activity vehicles -- X5 M50i and X6 M50i -- and the sport sedan M340i in its signature metallic gray. Only 25 of each of the models will be on sale at BMW Shop Online, the automaker’s online platform, at 2:05 p.m. on Tuesday. The SAVs are limited editions based on the M performance model M50i. The automaker said it is introducing
Mobility Aug. 24, 2020
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JTI Korea introduces same-day delivery service for Ploom Tech
JTI Korea is introducing a same-day delivery service for its tobacco-infused vapor device Ploom Tech, via Naver Shopping, the company said Monday. Implementing the new service in Seoul first, the company said all orders made before 9 a.m. on Naver Shopping, an e-commerce platform, will be delivered on the same day. The company is an official retailer of Ploom Tech on Naver Shopping‘s smart store, and all users verified to be over 19 can make purchases on the platform, JTI Korea explain
Consumer Aug. 24, 2020
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[Herald Interview] Smart to be safe: Buildings undergo transformation
All buildings -- whether residential or commercial -- have certain management systems to prevent unexpected dangers. These systems include a wide range of facilities and services, from ventilation and cooling to fire detection and security systems. Though they often go unnoticed or are hidden behind the walls, they have to continuously evolve. “Whether a building is smart or not is decided by how its management control system is integrated to provide the most efficient solutions,&rdquo
Industry Aug. 24, 2020
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Shinsegae Food pours W9.8b into US factory to expand ready-meal provision
Shinsegae Food, the food arm of retail giant Shinsegae Group, said Sunday it is injecting 9.8 billion won ($8.23 million) into its US-based food manufacturing facility as it seeks to bolster the ready-made food business in the market. According to the company, it is plowing funds to Chang Tuh Corporation, the operator of a manufacturing plant for ready-made products in the US. Shinsegae Food acquired Chang Tuh Corp. for 12.1 billion won last year from Emart, a hyper mart giant under Shinseg
Consumer Aug. 23, 2020
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HAAH Automotive preparing to bid for SsangYong Motor: reports
US automotive distributor HAAH Automotive Holdings is preparing to submit a binding offer to invest in SsangYong Motor, according to media reports here Thursday. Experiencing a liquidity crisis, SsangYong Motor’s major stakeholder, India’s Mahindra Group, announced it will lower its stake from the current 75 percent to less than 50 percent, and that it is willing to give up its top shareholder position if it finds a new investor. A bidder makes a binding offer to acquire a compa
Mobility Aug. 20, 2020
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Instant noodle market marks record-high sales of W1.13tr in H1
The instant noodle market recorded all-time high sales of 1.13 trillion won ($952.2 million) in the first half of this year, largely affected by the COVID-19 pandemic, data showed Thursday. Releasing the data from Nielsen Korea, Nongshim, a South Korean food company, said the industry grew 7.2 percent from the same period last year, with its highest-ever semiannual sales. According to the data, sales of instant noodles in the first half of 2019 amounted to 1.05 trillion won, and annual sales
Consumer Aug. 20, 2020
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Food companies see massive growth in wake of COVID-19
South Korean food companies scored massive sales growth in the wake of the COVID-19 pandemic, as the demands increased for products that can be consumed at homes, in both domestic and overseas markets. In the second quarter this year, CJ CheilJedang recorded an operating profit of 384.9 billion won, up 119.5 percent from the same time last year. The figure is the biggest quarterly figure recorded for the company. Its sales stood at 6.92 trillion won, increasing by 7.4 percent on-year, with th
Consumer Aug. 19, 2020
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Hyundai Department Store acquires SK Bioland for beauty biz
Hyundai Department Store Group decided Tuesday to acquire SK Bioland, a cosmetics firm under SK Group, expanding its beauty and health care business. According to the group, its affiliate Hyundai HCN, a cable channel provider, held a board meeting to decide on purchasing 29.7 percent of SK Bioland’s share with 120.5 billion won ($101.7 million). “We made the final decision for acquisition, finding that SK Bioland’s major businesses have a high potential for growth and has
Consumer Aug. 18, 2020
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