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Northeast Asia power grid to cost at least 7 tln won: KEPCO

A cross-border power grid system that would connect South Korea with China, Russia and Japan is expected cost over 7 trillion won ($6.2 billion) to build, a state-run utility firm said Tuesday. In a...

Dec 11, 2018
Industry
Lee Jae-yong in Maldives after celebrating Indian telecom group heiress’ wedding

Samsung Electronics heir apparent Lee Jae-yong headed to the Maldives on Monday after attending the prewedding festivities of Isha Ambani, the daughter of the chairman of India’s biggest telecom grou...

Dec 11, 2018
Industry
Memory industry to continue to grow: SK hynix CEO

Newly-appointed SK hynix CEO Lee Seok-hee said Tuesday the global market for memory chips is anticipated to continue to grow despite short-term tumbles, claiming the company should devise strategies ...

Dec 11, 2018
Industry
Drug sales at convenience stores more than double in 5 years

Medicine sales at convenience stores have more than doubled over the past five years, primarily for Tylenol, data showed Tuesday. Records from the Health Insurance Review & Assessment Service said 3...

Dec 11, 2018
Industry
Korea pushes to revise progressive electricity rates

South Korea will push to revise the progressive electricity rates to better handle power supply and demand, and lessen the burden on households, the energy ministry said Tuesday. A task force team c...

Dec 11, 2018
Industry
POSCO Daewoo to conduct exploration drilling at Myanmar offshore well

POSCO Daewoo Corp. said Monday that it will conduct exploration drilling at an offshore well in Myanmar. (Yonhap) The South Korean trading company said in a regulatory filing that it has secured th...

Dec 10, 2018
Industry
LG installs digital signage in Delhi's largest shopping mall

LG Electronics Inc. said Monday it has installed a large digital signage at the largest shopping mall in Delhi in the latest move to promote its organic light-emitting diode displays. The new signag...

Dec 10, 2018
Industry
Number of new companies up in 2017 on economic recovery

The number of newly established companies in South Korea rose 4.2 percent on year in 2017, as the economy rebounded on robust exports, government data showed Monday. Some 913,000 new businesses were...

Dec 10, 2018
Industry
Posco to donate W10b for the needy

South Korea’s largest steelmaker Posco plans to donate 10 billion won ($8.88 million) to assist underprivileged families, provide medical services and support the improvement of community housing by ...

Dec 10, 2018
Industry
US-China trade conflict may pose risks to Korean chip makers: report

A continued battle between the US and China to fight for global technological hegemony may pose higher risks to Korea’s two-biggest memory chipmakers, Samsung Electronics and SK hynix, next year, acc...

Dec 10, 2018
Industry
E-cigarette makers using aggressive marketing tactics

Makers of e-cigarettes are employing an active marketing strategy, reaching out directly to consumers, industry officials said Monday. KT&G, Philip Morris Korea and British American Tobacco Korea ha...

Dec 10, 2018
Industry
Samsung Bioepis' Humira biosimilar gains ground in Europe

Samsung Bioepis' Imraldi, a biosimilar for Humira, has earned more than 60 percent of the market in Germany, solidifying its landing in the European market, industry data indicated Monday. The tally...

Dec 10, 2018
Industry
Intentional IP infringers to face punitive damages

Those who intentionally infringe patents and trade secrets of others will be subject to punitive damages starting June next year, South Korea’s intellectual property office said Sunday. The National...

Dec 9, 2018
Industry
Air carriers face criticisms over air mileage system

Government forecasts up to 10 billion won worth of air miles to expire on Jan. 1

Dec 9, 2018
Industry
[Herald Interview] ‘Automation won’t reduce jobs but workers need to be protected in digital era’

S. Korea’s segmented labor market hampers labor mobility, creates less competition

Dec 9, 2018
Industry

The Korea Herald by Herald Corporation

Address : Huam-ro 4-gil 10, Yongsan-gu,Seoul, Korea
Online newspaper registration No : Seoul 아03711
Date of registration : 2015.04.28
Publisher. Editor : Kwon Chung-won
Juvenile Protection Manager : Shin Chang Hoon
Tel : 02.727.0114