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Posco Group is reportedly considering selling its stainless steel plant in Zhangjiagang, China, as part of a broader restructuring initiative led by Chairman Chang In-hwa to streamline 125 low-profit and non-core assets. According to industry sources Friday, Posco is in the process of selecting an...
Krafton is actively working to diversify its lineup with new games across a range of genres and platforms. Upcoming titles include inZOI, Dark and Darker Mobile, Subnautica 2, Project ARC, and Dinkum Together. Project ARC and Dinkum Together will be shown for the first time at G-Star, a major upcom...
Choi Jae-boong, a professor of mechanical engineering at Sungkyunkwan University, shared a similar view on India’s potential in the digital era, highlighting the role of artificial intelligence in reducing costs and increasing business scalability. Choi emphasized that digital transformation enab...
The Korea Agro-Fisheries & Food Trade Corp., known as aT, announced on Thursday that it has been recognized by the Korea Consumer Association for its excellence in consumer-friendly administration. aT, a government agency responsible for promoting the trade, export and marketing of Korean foods an...
South Korean contract development and manufacturing organization Lotte Biologics said Thursday that it offers job opportunities without specific qualification requirements in its year-round internship program. The Open Innovation Internship is open to anyone, regardless of gender, nationality, age...
Celebrity chef Paik Jong-won’s franchise company Theborn Korea made a strong debut on the Kospi market Wednesday as investors endorsed his affordable food brands and his popularity grew globally, with a recent Netflix series giving further tailwind to his business. Theborn Korea saw its shares tr...
EcoPro HN, the environmental solutions provider under EcoPro, said Wednesday it has completed the construction of a new manufacturing plant for rechargeable battery materials in Chopyeong, North Chungcheong Province. Around 100 officials, including key executives -- former EcoPro Chairman Lee Dong...
Airline companies, including the top two Korean Air and Asiana Airlines, are also bracing for a possible surge in Chinese travel. Korean Air plans to launch its Incheon-Fuzhou route with three weekly flights from Nov. 28, while resuming Busan-Qingdao services on Dec. 1 after nearly four years of h...
By Kan Hyeong-woo ( hwkan@heraldcorp.com )
South Korean steel giant Posco Group on Wednesday held the 2024 Posco Group Tech Forum, an annual event dedicated to sharing advancements in the core technologies of the group’s key businesses and discussing future directions. Now in its 36th year, the event was held offline in Pohang, North Gyeo...
South Korea's leading cosmetics original design manufacturer, Kolmar Korea, announced Wednesday it will start a packaged product service to accelerate product launches by up to six months, aiming to strengthen its position in the global market. The packaged product service, or PPS, allows clients ...
South Korea's leading mobile carrier SK Telecom said Wednesday it will open an artificial intelligence data center based on US tech giant Nvidia’s graphics processing units next month in Seoul, along with an AI data center testbed in Pangyo, Gyeonggi Province, in the same month. The announcement ...
South Korean builder Daewoo Engineering & Construction said Wednesday a delegation of its executives recently visited the US to meet with private equity firms and developers as part of its efforts to expand its real estate development operations in the country. The delegation, which included Vice ...
Hyundai Engineering & Construction said Tuesday it has signed a design and planning contract with Bulgaria's state energy agency for the new construction of the Kozloduy Nuclear Power Plant in the region, in partnership with US-based builder Westinghouse. The signing took place at the Council of M...
Young Poong, a Korean zinc smelter, has come under fire for environmental violations and an array of industrial accidents occurred at its Seokpo refinery. According to the company, its Seokpo refinery in North Gyeongsang Province was ordered by the Supreme Court to shut down for two months for vio...
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