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Hyundai Motor Group said Sunday that Woo Jung-yeop, a former director-general for strategy at South Korea's Ministry of Foreign Affairs, is joining its Global Policy Office as a senior vice president. This appointment, effective Monday, is part of Hyundai's efforts to strengthen its response to gl...
In a significant achievement for South Korean cuisine, BBQ Chicken has topped a fast-food chicken ranking in the United States, the Korean fried chicken franchise announced Monday. Genesis BBQ Group, the franchise operator, said BBQ was selected as No.1 fast-food chicken by a prestigious American ...
By Kan Hyeong-woo ( hwkan@heraldcorp.com )
Resignations continue at Google Cloud Korea as three chiefs so far have left their posts in the four years after serving as short as 10 months amid its grappling market share, according to industry sources on Sunday. As Kang Hyoung-jun, managing director of Google Cloud Korea, who took office in A...
Kia's Niro, an eco-friendly sports utility vehicle lineup featuring exclusively green powertrains, has reached a milestone by surpassing 1 million global sales in eight years after its launch, primarily fueled by the popularity of its hybrid model. According to Kia on Sunday, the Niro tallied 1,08...
French Ambassador Philippe Bertoux visited the Renault Korea Motors plant in Busan on Friday, highlighting the facility's role in the automotive industries of both South Korea and France, and its position within the global Renault Group network. The visit was accompanied by Renault Korea Motors CE...
KT will boast technology to build an aviation communication network for UAM operations, a future means of transformation. Quantum cryptography communication equipment that prevents hacking in all wired and wireless networks, communication server power-saving technology to save network power and liq...
Korean TV makers Samsung Electronics and LG Electronics cemented their leadership in the global premium TV market in 2023, but they have been warned to gear up for Chinese rivals flooding the market with cheaper products. In the premium sector for TVs priced at higher than $2,500, Korean manufactu...
As former Posco President Chang In-hwa is poised to take on the Korean steel giant's chairmanship, how his leadership might impact on the group's innovation drive for eco-friendly, future material business remains in question. Posco Holdings convened its regular board meeting on Wednesday to annou...
Lee Si-woo, formerly co-CEO of Posco alongside Kim Hak-dong, who served as CEO of Posco and vice chairman of Posco Holdings, will now lead the steelmaker on his own. Posco Holdings’ reshuffle released on Wednesday indicates that Kim will step down from his position and moves to the group’s execu...
GWANGYANG, South Jeolla Province -- Posco Future M on Thursday held a groundbreaking ceremony for a new high-nickel cathode plant in Gwangyang, South Jeolla Province, maintaining the company’s continued investment in battery materials for electric vehicles despite the slowdown in the global EV tra...
Mark Zuckerberg, CEO of Meta, formerly Facebook, is planning to visit Korea as early as next week, which would mark his first visit to the country in more than a decade, according to industry sources and the presidential office on Wednesday. Although details of his upcoming trip are unknown, sourc...
Chinese e-commerce platform AliExpress is in talks with Dongwon F&B to introduce the Korean food company's products on its platform, increasing engagement with Korean brands to expand its presence here. According to industry sources on Wednesday, the Chinese company has been in contact with severa...
Korean energy and environmental solutions provider SK Ecoplant formed a power purchase agreement with its sister firm SK hynix to facilitate the provision of renewable energy, thereby aiming to become the leading RE100 solutions provider, the firm announced Wednesday. The signing ceremony was atte...
Mirae Asset Global Investments announced Wednesday that it has named Ryan O'Connor, the former global head of ETF products at Goldman Sachs, as the new CEO of its US-based exchange-traded fund subsidiary, Global X. The latest appointment comes after a thorough selection process within Global X's r...
Woori to re-enter brokerage business with acquisition of Korea Foss Securities
Hyundai Motor to inject extra W1.3tr in Motional
Samsung chief returns from Europe after meeting with Pope, business leaders
Hugel to develop next-generation botulinum toxin product
B-Robotics teams up with Hanwha Robotics for restaurant automation
Samsung Life Science Fund invests in US gene therapy firm