The sales unit of South Korean biopharma giant Celltrion Group is accelerating efforts to expand its overseas operations by launching 10 additional offices in Europe and Central America in the first half, the company said in a regulatory filing Monday.Celltrion Healthcare, the overseas sales and marketing unit of the biosimilar drug manufacturer, has launched offices in Italy, Germany, Belgium, Norway, France and Finland. The list also includes Canada, Chile and Peru.  Celltrion has been ex

Seeking changes in the way a conglomerate operates, SK Group kicked off an annual in-house forum Monday in search of a new path to transform its wide range of businesses. Hosted by Chairman Chey Tae-won, the Icheon Forum invited CEOs of affiliates, executives and rank-and-file employees to discuss the future of the nation’s third-largest conglomerate, which faces growing geopolitical risks, technological competition and fast-changing consumer markets, officials said.During the third editio

High fashion cash in on pixelated 8-bit retro games to grab attention of millennials, Gen Z

Papago’s image translation function will be updated to automatically detect text and improve accuracy for three languages.South Korean tech giant Naver said Monday its service Papago will upgrade its image translation for English, Chinese and Korean. The function translates text captured in images.The improved image translation uses deep learning technology to enhance text extraction and recognition from an image.With the “Translate all” feature, users will no longer need to ma

The Korea Herald is publishing a series of articles on the quest of South Korea’s government and businesses to switch to renewable energy. -- Ed.New environmental regulations in international waters could serve as a momentum for Korean oil refiners and shipbuilders to seek new opportunities in the sluggish markets. In response to heightening environmental concerns and growing harmful emissions from ships, the International Maritime Organization has ruled that from January 2020 ships will h

The South Korean unit of Apple Inc. employs 500 workers and has helped create more than 300,000 jobs here over the past 20 years, according to its website Monday. It marks the first time since the US tech giant's entry into South Korea in 1998 that the company has unveiled the workforce of its local subsidiary.The newly opened "job creation" section of the Korean-language website said Apple's local unit started with only two employees, but its payroll had increased to some 500 as of en

　South Koreans’ credit card spending on Japanese products has halved over the past month amid an escalating trade row between the two countries, government data showed.　Many Korean consumers began boycotting Japanese products and tourism in early July, when Japan restricted exports of key materials to Korea. A Japanese Cabinet decision early this month to exclude Korea from Japan’s list of trusted trading partners has fueled anti-Japan sentiment.　In a report submitted to Rep. Lee Tae

SEJONG -- South Korea has five international cruise terminals -- two in Jeju, one in Busan, one in Sokcho and one in Incheon.With the Ministry of Oceans and Fisheries focusing on the development of cruise tourism, its plan to open a new Jeju Port, aimed at handling a greater number of inbound cruise tourists, has been approved by the Cabinet.The endorsed budget for the third ocean cruise terminal on Jeju Island -- with the capacity to manage 4.7 million tourists per year -- is set at 2.8 trillio

While Samsung Display, an affiliate of Samsung Electronics, is moving to cut its production of liquid crystal display panels, the company is making significant efforts to produce quantum dot organic light-emitting diode panels, according to the industry on Sunday. Samsung Display CEO Lee Dong-hoon told The Korea Herald, “The company is making good efforts” to launch QD-OLED panels in the near future.There have not been any investment plans on QD-OLED production confirmed by the compa

A tweet by a teenager living in Kentucky, the US, made LG Electronics’ smart refrigerator go viral globally this week, raising the question of whether the fridge could be used to tweet. A fan of singer Ariana Grande, named Dorothy, tweeted Aug. 8 that she was posting via LG’s smart fridge as her mother had taken away her smartphone. “I do not know if this is going to tweet. I am talking to my fridge, What the (explicit) my mom confiscated all of my electronics again,” rea

South Korea's major conglomerates posted downbeat operating earnings in the first half from a year ago due to weak global demand for major products, including memory chips, industry data showed Sunday. The combined operating profits of 90 listed companies affiliated with the nation's top 10 business groups totaled 21.3 trillion won ($17.5 billion) in the first six months of this year, 53.5 percent down from a year earlier, according to market researcher Inforbix's analysis of their semiannual re

ULikeKorea set to enter Australia, UAE with bio capsule system for livestock

As the longest-serving CEO in the local auto importer community, the German marketing expert has been lauded for service innovation, CSR

IIAC signs MOU with Indonesia’s state-run airport operator

Korean telecom company KT said Sunday it has launched a mobile application to help prevent epidemics in Ghana, Africa. Called the Global Epidemic Prevention Platform, the app allows users to access information on epidemic diseases. It supports three functions: GEPP Public, GEPP Clinic and GEPP Gov. GEPP Public alerts people who enter an epidemic region of the potential dangers. GEPP Clinic receives real-time notifications from people who have experienced an epidemic breakout and displays locatio