The Korea Herald

Samsung-Apple war enters new phase

IndustryOct 16, 2011

Samsung is likely to have turnaround opportunity in long term: sourcesWhile the debate surrounding the global patent war staged by Samsung Electronics and Apple Inc. is garnering wide attention, industry watchers say Samsung has a good chance of creating a turnaround even after its three defeats aga
Seoul to rein in financial firms’ pay packages

Oct 16, 2011

Korea’s financial regulators said they were considering measures to address the controversy over generous salaries and dividends in the banking, securities and other financial sectors. “Modifying the regulatory system is now being reviewed concerning some of the high compensation executives in the f
Korea to toughen rules on dog registration in 2013

Oct 16, 2011

Dog owners residing in South Korea will be required by law to register their pets, officials said Sunday, as the government is set to expand its mandatory pet registration rule nationwide starting in 2013. The push to widen the obligatory registration of companion dogs comes as the number of abandon
Samsung heir to attend Jobs memorial service at Stanford

TechnologyOct 16, 2011

Lee Jae-yong, chief operating officer of Samsung Electronics Co., is planning to attend a memorial service for Steve Jobs, the late co-founder of Apple Inc., in the U.S. this weekend, industrial sources said Sunday.Lee, the only son of Samsung Electronics Chairman Lee Kun-hee, has been invited by Ap
iPhone’s Siri voice command to reach Korean users next year

TechnologyOct 16, 2011

Apple Inc. is expected to offer a Korean-language version of its Siri voice command feature starting in 2012, the U.S.-based technology giant said Saturday.The company said on its website that it will begin offering Siri services in Korean, Japanese, Chinese, Italian and Spanish starting next year,
New iPhone launch turns into remembrance for Jobs

TechnologyOct 15, 2011

NEW YORK (AP) — It wasn't just the latest iPhone that drew people to Apple stores Friday.Many consumers waited in lines for hours — sometimes enduring chilly temperatures and overnight thunderstorms — to remember Steve Jobs, Apple's visionary who died last week.The company's first
G-20 finance ministers seek joint effort to handle financial crisis

Oct 15, 2011

PARIS, Oct. 15 (Yonhap) -- Finance ministers from the world's leading industrialized and emerging economies plan to outline ways to tackle the current global financial crisis that is vital for economic growth, government sources said Saturday.Official sources said the communique to be released at th
With Netherlands ruling, Samsung's patent offensive against Apple hits snag

IndustryOct 15, 2011

SEOUL, Oct. 15 (Yonhap) -- Samsung Electronics Co.'s patent offensive against its rival Apple Inc. hit a snag after a Dutch court on Friday (Korea time) rejected the Korean firm's injunction to ban sales of the U.S. company's iPhones and iPads.The ruling by the district court in the Hague may pose p
Dutch court rejects Samsung's injunction claim against Apple

IndustryOct 15, 2011

BRUSSELS, Oct. 14 (Yonhap) -- A Dutch court on Thursday denied an injunction request filed by Samsung Electronics Co. to ban its rival Apple Inc. from selling iPhones and iPad tablets in the Netherlands.The district court in the Hague rejected Samsung's claims that Apple infringed on its 3G mobile t
Institutional buying lifts shares 0.67%

Oct 14, 2011

South Korean shares finished 0.67 percent higher Friday as institutional investors including the National Pension Fund snapped up shares despite persisting eurozone worries, analysts said. The local currency edged down against the U.S. dollar.Reversing earlier losses, the benchmark Korea Composite S
Telephone monitoring decreases

Oct 14, 2011

The Korea Communications Commission announced Friday that the total number of interceptions of telephone calls and online messages by government agencies dropped more than 20 percent in the first six months of 2011 compared to last year, but interceptions by military authorities more than tripled.Ac
Government vows war on ‘fake’ gasoline

Oct 14, 2011

The government declared an all-out war on “fake” gasoline on Friday, significantly increasing fines for people selling unauthorized products and giving investigative jurisdiction to government officials.The crackdown starts with changing the commonly used name for such fuel, mostly chemical mixtures
LG Electronics wins tech-related awards

IndustryOct 14, 2011

LG Electronics said Friday it received two different awards for technology standardization and marketing skills.As part of the World Standards Day 2011, the company was granted the presidential award from the Korean Standards Association for contributing to technology standardization, according to L
Bidding for savings banks begins

Oct 14, 2011

Financial authorities Friday began the process of selling six savings banks suspended from business since mid-September due to poor financial health, in the hope of finding buyers by the end of December.State-run Korea Deposit Insurance Corp. made a public notice for the sale of the debt-saddled ban
Booyoung to donate $3m to Habitat

IndustryOct 14, 2011

Booyoung Group said Friday it has signed an agreement to support the United Nations’ human settlements program. Under the deal, the construction-centered Korean corporation will provide $3 million over the next decade to help urban development and habitat improvement in Africa.“With the funds, we wi