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The Korea Herald

Markets

August 31, 2023
[KH explains] Chipmakers reach out to undergraduates to tackle talent shortage

Chipmakers around the world are competing fiercely not just to roll out more advanced chips faster than their rivals, but also to secure more tech talent as governments race to build up their chip industry as national security assets. South Korea, home to the world’s top two memory chipmakers, Sa...
August 31, 2023
Tous les Jours opens 100th US store

By Song Jung-hyun ( junghyun792@heraldcorp.com )
August 31, 2023
Posco America relocates headquarters to Washington

Posco America, a subsidiary of Poscho Holdings, will relocate its headquarters from Atlanta to the nation's capital, in a move to strengthen its relations with the federal government and US Congress, the group said Wednesday. Posco America’s head Do Han-eui and other staff members will start to w...
August 31, 2023
Dong-A Otsuka holds blood donation event

Dong-A Otsuka, the nation’s leading beverage maker, said Wednesday that it will hold a nationwide blood donation event with employees throughout the month of September, hoping to contribute to a rebound of the blood supply in South Korea. On Tuesday, the first donations from employees came at the...
August 31, 2023
EcoPro touts 10-year battery materials partnership with Sony

EcoPro said Wednesday it has celebrated 10 years of supplying battery materials to Sony, later acquired by Murata Manufacturing. According to the company, it first supplied high-nickel cathode materials for Sony in 2013 for the first time for a Korean company. The two companies have kept business ...
August 31, 2023
Texas Instruments looks to bolster EV battery ties with Korea

Texas Instruments, the US-based semiconductor manufacturer, said Wednesday it plans to further boost business ties with electric vehicle manufacturers and battery makers in Korea. “I see Korea as a very key market for vehicle electrification and it is a key pioneer of battery technology as well,”...
August 31, 2023
Hillstate Sinyong in Gwangju blends modernity, nature

Hyundai Engineering & Construction has started sales of its new apartment complex, Hilstate Sinyong The River, located in Gwangju’s Sinyong district. The apartment complex consists of a total of 19 buildings with 1,647 housing units, which range from 74-square-meter homes to 135-square-meter luxu...
August 31, 2023
LIG Nex1 participates in Korea-Saudi Arabia drone show

The event was attended by officials from various countries including representatives from the Malaysian Ministry of Home Affairs, US academics, officials from the International Criminal Police Organization and Chinese law enforcement. As the attendees were mid-level managers or senior executives w...
August 30, 2023
[Exclusive] KEPCO affiliates prepare legal fight against Australia’s ALS Coal

Five subsidiaries of South Korea's state-operated power utility firm Korea Electric Power Corp. are currently putting in joint efforts to sue Australian laboratory giant ALS Coal, on the basis that it falsified coal quality inspections and allowed low quality coal to be exported to Korea, industry ...
August 30, 2023
SKT aims to set global standard for quantum-safe communication

SK Telecom, South Korea's largest wireless carrier by membership, on Tuesday unveiled an ambitious goal of setting the global standard for quantum-safe communication, a more advanced security technology that protects the whole communication process from attacks by quantum computers. The company sa...
August 30, 2023
Hyundai Motor’s 3 startups spin off ahead of schedule

Hyundai Motor Group said Tuesday that its three startups -- Pitin, Madde and Evacycle -- spun off less than a year after participating in the company's in-house startup incubator program. It usually takes more than a year for startups to become separate firms from their parent company, but they ha...
August 30, 2023
KAI, HD Hyundai team up for training systems

Korea Aerospace Industries and HD Hyundai Heavy Industries said Tuesday that they signed a strategic partnership to cooperate in developing maritime training systems, teaming up to advance South Korea’s competitiveness in the global warship market. According to the two companies’ announcement, K...
August 30, 2023
Kakao Pay available in major retail locations in Thailand

Kakao Pay, the online payment subsidiary of Kakao Corp, announced Tuesday it has expanded to Thailand, making the service available at major payment points from department stores and pharmacies to a taxi-hailing platform. Central Retail, one of Thailand's largest retail corporations, now supports ...
August 30, 2023
Korea slams brake on budget growth

The Cabinet on Tuesday approved the 2024 budget proposal worth 656.9 trillion won ($497 billion), marking the lowest on-year growth in nearly two decades as the country suffers from sluggish tax revenue. The size of the second budget proposal drawn up by the Yoon Suk Yeol administration has increa...
August 30, 2023
Kumho Tire giving momentum to EVs

South Korean tire maker Kumho Tire revealed a new commercial under the slogan “Your EV Partner, Kumho Tire” riding the increasing popularity of electric vehicles. The commercial addresses the company’s new tires specifically tailored for EVs. Compared to the internal combustion engine cars, EV-...

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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
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