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The Korea Herald

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Korea's chip boom catches US Fed chair's eye

Korea's chip boom catches US Fed chair's eye

As the US Federal Reserve held its key interest rate steady, Chair Kevin Warsh pointed to South Korea's importance in the global technology supply chain as a reason for tracking its economy. "I would

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Apple, Google challenge Korea's W63.7b app store penalties

Apple has rejected South Korea's decision to fine it 20.81 billion won ($15.6 million) over its App Store payment practices, maintaining that its policies comply with Korean law and saying it is revie
Companies

Zero sugar, zero margins: The strategy behind Zerostore's rise

For Pyeon Young-min, a 30-year-old co-founder and CEO of unstaffed convenience store chain Zerostore featuring zero- to low-sugar products, the brand's rapid rise has been more about building a franch
Companies

Samsung Wallet taps Tencent to expand payments in China

Samsung Electronics is introducing QR code payments in China through Samsung Wallet Money, allowing Korean users to use WeChat Pay without setting up a separate payment service. The company signed a m
Companies

Stella Artois unveils ‘invisible’ billboard campaign in Seoul

Belgian beer brand Stella Artois has launched an outdoor advertising campaign in Seoul that creates the illusion of transparent digital billboards to promote its new Pure Gold lager, its Korean distri
Tech

Samsung Display faces profit squeeze as Apple, Samsung cut orders

Samsung Electronics and Apple are scaling back orders for smartphone components as soaring memory prices squeeze margins, threatening fourth-quarter earnings at Samsung Display, which draws nearly two
Companies

AI shoppers get first say in Korea's retail race

Korean retailers are testing products on artificial intelligence-generated shoppers before bringing them to real customers, using virtual consumers to predict buying decisions, fine-tune prices and id
Tech

'Because it's Apple': What drives Korea's first iPhone Duo buyers

"I ordered Samsung's Galaxy Z Fold8 with my wife, but returned mine unopened when I heard Apple was releasing a foldable." Kim, a Seoul-based game company employee in his mid-40s, was among the first
Companies

As Koreans eat less rice, CJ looks overseas to grow Hetbahn

JINCHEON, North Chungcheong Province — For three decades, CJ CheilJedang has honed a seemingly simple recipe for instant rice under its Hetbahn brand, which more often than not stands in for microwava
Companies

K-beauty stocks stumble as strong won squeezes profits

While K-beauty’s overseas sales have never been stronger, markets seem hesitant to reward its soaring figures, fearing a surging won will eat into its earnings. Cosmetics exports reached $11.1 billion
Tech

Nvidia taps Korean component makers for AI chips, robots

Samsung Electro-Mechanics and LG Innotek are expanding their ties with Nvidia, applying their expertise in semiconductor substrates and sensing technology to the US chipmaker's growing AI computing an
Companies

What’s brewing behind Mega Coffee’s deal rush?

In Korea’s food and beverage deal market these days, the most persistent bidder sells cheap coffee. Mega MGC Coffee, the country’s largest coffee chain with 4,500 bright-yellow storefronts, no longer
Companies

Samsung Bioepis' first ADC candidate wins FDA Fast Track

Samsung Bioepis said Wednesday that its first antibody-drug conjugate, or ADC, candidate has been designated a Fast Track drug by the US Food and Drug Administration. According to Samsung Bioepis, SBE
Companies

K-food chiefs lead European charge at SIAL Paris

Korea’s top food executives are out in force this week at SIAL Paris 2026 — Europe’s leading food and beverage trade fair — showcasing their flagship brands alongside the new products set to drive gro
Companies

BYD surges to No. 4 in Korea's imported car market

Chinese electric vehicle giant BYD is rapidly expanding its foothold in South Korea, climbing to fourth place in the country’s imported passenger market in the first nine months of this year. BYD sold
Companies

Twosome Place opens first US store in Virginia

South Korean cafe chain Twosome Place opened its first US store in Alexandria, Virginia, on Saturday, marking its entry into the American market with a menu of Korean-inspired desserts and drinks. Cus
Companies

HD Hyundai tests uncrewed naval vessel off California coast

South Korean shipbuilder HD Hyundai has demonstrated new uncrewed surface vessel technology off the California coast in partnership with US defense technology firm Anduril Industries, aiming to tap in

Herald Corporation |CEO : Choi Jin-Young |Huam-ro 4-gil 10, Yongsan-gu, Seoul, Korea |Title : The Investor |Date of registration : 2016.06.21 |Date of issue : 2016.06.21
Publisher. Editor : Choi Jin-Young |Chief Privacy Officer & Juvenile Protection Manager : Choi He-suk |T +82-2-727-0021 |E investor@heraldcorp.com

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