The Korea Herald

New iPhone app helps with confession

IndustryFeb 9, 2011

(MCT)WASHINGTON, (AFP) - A new "Confession" application for Apple's iPhone, iPad and iPod Touch has received the blessing of a Catholic bishop."Confession: A Roman Catholic App," is the first program for the Apple devices created by a South Bend, Indiana-based company called "Little iApps."Its developer, Patrick Leinen, said the app was designed to be used in the confessional and was intended "for
GM Daewoo launches all-new Orlando in S. Korea

TransportFeb 9, 2011

GM Daewoo Auto & Technology, the South Korean unit of General Motors Co., introduced Wednesday its new seven-seat, multi-purpose vehicle, the Chevrolet Orlando, in South Korea. "We are carving out a new segment in the market with the Orlando," said Mike Arcamone, president and CEO of GM Daewoo, defining the vehicle as South Korea's first Active Life Vehicle (ALV). The Chevrolet Orlando (Yonha
Volkswagen commercial crowned favorite Super Bowl ad

TransportFeb 9, 2011

A Volkswagen commercial broadcast during the Super Bowl Sunday night in the United States has become a hit on TV as well as on YouTube, with hundreds of thousands of people having watched it so far. The commercial featured a child dressed as Darth Vader trying to use “the force” on everything around the house. Six-year-old actor Max Page played the mini-Darth Vader and became a star literally ove
IT exports post strong gain in Jan.

IndustryFeb 8, 2011

Korea’s exports of IT-related products jumped 16.3 percent in January from a year earlier on strong global demand for semiconductors, displays and mobile phones, the government said Tuesday.The country shipped $12.83 billion worth of IT products abroad, marking the 15th month in a row that exports grew at a double-digit rate, the Ministry of Knowledge Economy said in a monthly report.Exports of se
Toyota to recall Lexus for fuel pipes

IndustryFeb 8, 2011

Toyota Motor Corp., a Japanese carmaking giant, will recall 2,459 vehicles sold in Korea due to manufacturing defects that could lead to oil leakage, Seoul’s transportation ministry said Tuesday.Subject to the recall are the Lexus IS250 model produced and sold between Sept. 3, 2007 and Dec. 3, 2008, according to the Ministry of Land, Transport and Maritime Affairs. The luxury passenger cars were f
International ferry users hit record high

IndustryFeb 8, 2011

The number of passengers using international ferry services in and out of Korea rose to a record high last year, bolstered by rebounding economic conditions, the government said Tuesday.International ferry passengers totaled 2.77 million last year, up 32.6 percent from a year earlier, according to the Ministry of Land, Transport and Maritime Affairs. The figure was the highest ever, exceeding the
Cabinet OKs supplementary U.S. FTA

Feb 8, 2011

The Cabinet on Tuesday endorsed a supplementary agreement to the free trade deal concluded between Korea and the United States, a government spokesman said.In December, the two countries came to a final consensus on the bilateral free trade agreement after revising terms on issues such as auto tariffs and pork, paving the way for the parliamentary ratification of a pact that was originally signed
EU parliamentary panel endorses Korea FTA

Feb 8, 2011

BRUSSELS (AFP) ― A key European parliament committee endorsed Monday a major free trade deal with Korea after securing safeguards to protect Europe’s auto makers.The International Trade Committee voted overwhelmingly, 21-4, to send the deal, hailed as the most ambitious free trade pact ever negotiated by the European Union, to the full parliament for a final vote.Doubling EU trade with Korea, the
Samsung’s share in N. American cell phone market hits record

TechnologyFeb 8, 2011

Samsung Electronics Co., the world’s second-largest mobile phone maker, maintained its lead in the North American cell phone market last year with a record share, industry data showed Tuesday. Samsung shipped 58.4 million cell phones in 2010 in the United States and Canada, claiming 30.2 percent of the handset market there, according to the data by market research firm Strategy Analytics, Inc. The
Banks eye Asian credit card markets

Feb 8, 2011

Korea’s banking giants are tapping China, Vietnam and other Asian countries as they wade through competition in the highly saturated local credit card market, industry watchers said Tuesday.The overseas push comes as Korean card firms have been beefing up their marketing expenses in a bid to lure more subscribers with spin-offs and new entries expected to further intensify competition to grab a bi
Economy faces risks despite recent pickup

Feb 8, 2011

Korea‘s economy still faces many uncertainties despite its recent rebound, a government report said Tuesday, urging more efforts to achieve a “sustained” recovery by coping with lingering downside risks at home and abroad. Debt problems in advanced nations, growing inflationary pressure in emerging countries and unrest in the Middle East are cited as downside factors that could weigh on the Korean
Internet banking use up 27 percent last year

TechnologyFeb 8, 2011

The use of Internet banking in Korea rose 27 percent last year from a year earlier as more people conducted financial transactions online for convenience, the central bank said Tuesday.Online banking transactions reached 33.7 million per day on average in 2010, compared with 26.5 million the previous year, according to the Bank of Korea. The data is based on users checking financial records, trans
Kindle puts readers and friends on same page

TechnologyFeb 8, 2011

SAN FRANCISCO (AFP) – Amazon on Monday released a preview version of a Kindle software update that puts electronic book readers on the same page with friends still clinging to ink and paper works.Page numbers in tens of thousands of Kindle digital books, including bestsellers, have been matched with those in real-world copies of the titles.“Our customers have told us they want real page numbers th
AOL steps up news, ad push with Huffington Post

TechnologyFeb 8, 2011

SAN FRANCISCO (AP) ―AOL Inc.’s $315 million deal to buy news hub Huffington Post signals that it is serious about building its profile as a media company as its legacy dial-up Internet business dies away.The acquisition announced Monday is AOL CEO Tim Armstrong’s most aggressive play so far as he tries to reshape a fallen Internet icon and boost efforts in news and online advertising. It is the la
Android tops iPhone in U.S.

IndustryFeb 8, 2011

WASHINGTON (AFP) ― Google’s Android surged past Apple’s iPhone last quarter and is closing in on the Blackberry as the most popular smartphone platform in the United States, market tracking firm comScore said Monday.According to comScore, 63.2 million Americans owned smartphones at the end of December, up 60 percent from a year earlier. An Apple Inc. iPhone 4 (front) and a Sony Ericsson Xperia X10