The Ministry of Food and Drug Safety said Sunday it would take steps to replace sell-by dates with the use-by dates in an effort to give food a longer shelf life and reduce food waste. Sell-by dates on food products indicate the period of time said products can be distributed and sold. But use-by dates show how long products can be stored for and still used. The latter often lasts longer than the former, though sell-by dates are what is currently used in the country. Milk, for instance, oft

Despite being touted as solution to plastic waste problem, biodegradable plastics are not given chance to decompose

Posco has taken another step forward in the secondary battery recycling business, as it landed a new partnership deal with Chinese cobalt supplier Huayou Cobalt on Friday. The steelmaker inked a joint investment deal with the government of South Jeolla Province and Huayou Cobalt, a Shanghai-listed company specializing in material refining and purification. The secondary recycling business involves extracting core materials used in making secondary batteries, such as nickel and lithium fro

Naver, the largest portal operator in South Korea, said Friday that it had a plan to cut its greenhouse gas emissions to zero by 2040. The internet company came up with the plan, “2040 Carbon Negative,” because greenhouse gas emissions are forecast to surge for the next 10 years in line with the growing data traffic at internet data centers. The company’s plan aims to reach the same carbon neutrality goal that the government is pursuing, but 10 years earlier. As an examp

Apple Korea has launched a trade-in program to attract current users of smartphones made by LG Electronics, industry sources said Friday. The move is seen as part of the US phone vendor’s efforts to expand its presence in the South Korean market. According to sources in the telecom industry, Apple is running a smartphone exchange program with three Korean mobile carriers, which pay 150,000 won ($135) to those who replace their LG phones with iPhones. People who have used LG’s 4G

Hyundai Motor Co., South Korea's biggest carmaker, is seeking to sell an idle plant site in China to a local district government, industry sources said Friday. Hyundai Motor plans to sell the site of the No. 1 Beijing plant, which has been suspended since April 2019, to the Shunyi administrative district, a person familiar with the matter told Yonhap News Agency over the phone. The plant's suspension came after Hyundai suffered years of sluggish sales in China due to the lingering impact of po

GM Korea, the local subsidiary of the Detroit-based carmaker General Motors, will be resuming operations of its key manufacturing plants here, months after a global semiconductor shortage sent them reeling and halted production. The company will return to its regular operation and production level starting next week, as part of its US headquarters’ decision to normalize global productivity, officials said Friday. “But as the semiconductor shortage prolongs, we will need to assum

Samsung Electronics Co. was the world's second-largest vendor of wearable devices in the first quarter of the year, a report showed Friday, on the back of its wireless earbuds sales. The South Korean tech giant moved ahead of China's Xiaomi Corp. for the first time to take the runner-up spot with a market share of 11.8 percent, which was up 0.6 percentage point from a year earlier, according to the latest report from market researcher International Data Corp. (IDC). Samsung shipped 11.8 millio

The South Korean unit of Apple Inc. will run a trade-in program to woo LG Electronics Inc.'s smartphone users, industry insiders said Friday, in a move to expand its presence on the home turf of Samsung Electronics Co., the world's largest smartphone vendor. Apple's smartphone exchange scheme with local mobile carriers will pay the trade-in value of a mobile device and an additional 150,000 won ($135) to those who replace their LG smartphones with iPhones, according to the sources in the teleco

Members of BTS Army proud to see BTS Meal launched in McDonald’s in 49 countries

BMW Korea plans to add more benefits to its existing premium membership program provided to owners of its Luxury Class models, the global carmaker announced Thursday. For members of the BMW Excellence Club -- made up of owners of BMW’s New 7 Series, New 8 Series and the New X7 model -- the company is expanding its rental car service, which was previously only available in the southern island of Jeju. Beginning in August, BMW Excellence Club members can borrow a BMW X7 for 72 hours for

Ample interior space makes Volvo XC90 B6 a safe choice for heavy packers, campers

South Korean food company SPC Samlip has signed an exclusive contract with US-based Chobani to distribute and sell their yogurt products here, the company said Thursday. Starting July, SPC Samlip said it will exclusively supply Chobani products to retailers here, and also work on producing new products under the brand using homegrown ingredients. Chobani supports the Farmer’s Assuring Responsible Management animal welfare program, which ensures that farms supplying milk to the company

Kia, the carmaker affiliated with Hyundai Motor Group, will run a pilot “pick up and charge” program for the convenience of electric vehicle users, officials said Thursday. “We have come up with an on-demand pick up and charge system in order to reduce any inconvenience that all-electric vehicle drivers may face in everyday life,” the company said in a release. To go with the service, which will be available 24 hours a day in most parts of the country, the company has

Top shipping company unveils carbon neutrality road map