SK hynix CEO Kwak Noh-jung recently traveled to Europe to explore future chip technologies, meeting with key officials of the Interuniversity Micro Electronics Center, according to industry sources Monday. During his visit to the IMEC, headquartered in Leuven, Belgium, Kwak met with his counterpart Luc Van den Hove and Max Mirgoli, executive vice president in charge of worldwide strategic partnerships, at IMEC, among others. “It is fantastic when partnerships are based on friendship and tr

LG Group Chairman Koo Kwang-mo will reportedly receive business reports from major affiliates sequentially over the next month, starting with the electronic affiliates on Monday to establish next year’s business plans, according to industry sources, Monday. LG holds strategic meetings in the first half of each year to discuss future strategies. Business meetings in the second half focus on business performance and plans for the following year, with an emphasis on enhancing customer value a

Carmaker plans to adopt logistics robots at all Hyundai, Kia plants from April 2026

KG Mobility, a South Korean sport utility vehicle maker, has teamed up with China’s Chery Automobile to co-develop a range of vehicles including plug-in hybrid cars to expand its global presence. According to a KG Mobility regulatory filing on Monday, the auto brand signed a platform technical license agreement with Chery Automobile on Friday to collaborate in areas as such the design and development of vehicles as well as car manufacturing and distribution. The deal includes sharing the i

The head of a senior citizens' association in South Korea proposed on Monday that the government raise the standard age classifying people as senior citizens from the current 65 to 75, arguing it is necessary to address the country's demographic imbalance. "Currently, the senior citizen population is about 10 million, but the figure is expected to double to 20 million in 2050," Lee Joong-keun, the new chief of the Korean Senior Citizens Association said during his inauguratio

Korean manufacturers keep eye on changes in corporate tax, China policy

South Korea in the 1980s is often described as an era of violence and chaos. The period was marked by numerous major events in South Korean history, among them: the Gwangju Democratic Uprising in 1980 in which the military cracked down on civilians leading to a massacre; one of the largest fraud cases to date involving Jang Young-ja, a woman associated with then-President Chun Doo-hwan’s wife’s family in 1982; the Oct. 9, 1983 assassination attempt on Chun in Yangon, Myanmar in which

Emily Cho carries on father’s legacy to spur organic growth at Hanjin Logistics

The US-led United Nations Command said South Korea broadcasting anti-Kim Jong-un propaganda through loudspeakers along the border with North Korea have encouraged, rather than deterred, North Korea’s launches of balloons carrying trash toward the South, according to a Seoul Joint Chiefs of Staff memo obtained by The Korea Herald. The anti-Pyongyang broadcasts by South Korea “failed to deter the North Korean trash balloons” and “gave North Korea an excuse for additional la