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Iran says will hold nuclear talks with France, Germany, UK on Friday
Yoon, first lady replace mobile phones
[More than APT] Residents, architects together design homes
[Photo News] Hyundai, Toyota chiefs at WRC finale
Tensions to escalate over third revote of bill targeting first lady
Nvidia CEO signals Samsung’s imminent shipment of AI chips
Korea to hold own memorial for forced labor victims, boycotting Japan’s
S. Korea leads world in industrial robot adoption: study
Final push to forge UN treaty on plastic pollution set to begin in Busan
Opposition leader awaits perjury trial ruling
Submission of edited recording punished as attempted fraud
Doosan’s restructuring plan clears regulatory hurdle, awaits shareholder approval
Korea Kimchi Grand Festival transcends politics, nationality to help needy
Court backs subsidy cut for hospital that refused emergency patient
Wealthy parents ditch Korean passports to get kids into international school
Police nab 294 doctors this year over drug-related offenses
First snow to fall in Seoul on Wednesday
Exclusive, new stages highlight of 2024 MAMA
Man convicted after binge eating to avoid military service
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[Feature] One year into pandemic, contactless businesses continue to thrive
Retail
May 12, 2021
From a cloud-based unmanned hotel service to a vending machine for trading secondhand items, contactless businesses are here to stay
Samsung’s Bespoke appliances make global debut
Technology
May 12, 2021
Samsung Electronics will start rolling out Bespoke home appliances in the United States, Europe and Southeast Asian countries, aiming to duplicate the success of the colorful and customizable brand overseas. The South Korean tech giant unveiled flagship packages of its Bespoke refrigerators, washing machines, dryers, clothes care systems and wireless vacuum cleaners, differently created for each market, considering specific needs of customers in each region. Bespoke comes in over 20 orig
Samsung researcher to lead largest working group in 3GPP
Industry
May 12, 2021
Samsung Electronics Co. said Wednesday that one of its senior researchers will head the largest working group in a global mobile telecommunication standards organization, boasting of its leadership in the wireless communications sector. Kim Youn-sun, a master at Samsung Research, was elected to the chair of Radio Access Networking Group 1 (RAN WG1) at a 3rd Generation Partnership Project (3GPP) meeting on Tuesday, according to the tech giant. This is the first time that a South Korean has beco
Genesis vehicle sales exceed 500,000 in past 5 years
Transport
May 12, 2021
Hyundai Motor Co. sold more than 500,000 units of vehicles under its independent Genesis brand since its launch five years ago, the company said Wednesday. Hyundai sold 378,999 Genesis vehicles in the domestic market and 121,192 units overseas since November 2015, the company said in a statement. The Genesis brand has advanced to the United States, Canada, the Middle East, Russia, and Australia, with a plan to make inroads into China and Europe this year. The Genesis lineup consists of the G9
Samsung's presence in DRAM market slightly down in Q1: report
Industry
May 12, 2021
Samsung Electronics Co.'s share in the global DRAM market declined slightly in the first quarter of the year, a report showed Wednesday, though it maintained the dominant status amid bullish demand for memory. The South Korean tech giant posted a 42 percent share of the global DRAM flash market in terms of revenue in the January-March period, down only 0.1 percentage point from a quarter earlier, according to market tracker TrendForce. Samsung's revenue came to $8.07 billion in the first three
Samsung Electronics keeps No. 1 spot on S. Korea's top 500 firms' list
Industry
May 12, 2021
Global tech titan Samsung Electronics Co. retained the No. 1 spot on the list of South Korea's top 500 companies in 2020, with 44 companies newly making the list, a corporate tracker said Wednesday. Samsung Electronics, the flagship of South Korea's leading family-controlled conglomerate Samsung Group, remained the biggest company by sales last year, with its top line reaching 236.8 trillion won ($212 billion). Leading automaker Hyundai Motor Co., the marquee unit of automaking behemoth Hyunda
Samsung announces global launch of expanded BESPOKE home appliance lineup
Retail
May 11, 2021
Samsung Electronics Co. on Tuesday introduced its expanded lineup of customizable home appliances to global audiences as the South Korean tech giant aims to boost sales amid the pandemic-driven stay-at-home trend. The company said its BESPOKE Home solutions will be available in more countries this year with more products. BESPOKE is a brand promoted by Samsung that allows consumers to tailor their own configurations by material, color and modules to meet user preferences in home ap
LG Uplus to invest over W300b to build new data center
Industry
May 11, 2021
LG Uplus Corp., a major South Korean telecom operator, said Tuesday it will invest more than 300 billion won ($267.9 million) to build a new internet data center amid growing user demand. The company said in a regulatory filing that it will invest 318.1 billion won for a new internet data center from June 1 until Dec. 31, 2023. The move comes after LG Uplus CEO Hwang Hyeon-sik vowed earlier this year to focus on new businesses aimed at corporate customers. LG Uplus currently operates four in
Samsung unveils first CXL-based DRAM, sets new standard
Technology
May 11, 2021
Samsung Electronics on Tuesday unveiled the industry’s first DRAM module which supports the new Compute Express Link (CXL) interconnect standard, a new technology that can enhance the performance of data centers or cloud servers. Samsung has integrated its double data rate 5 (DDR5) technology with the CXL-based module, enabling server systems to significantly scale memory capacity and bandwidth. The CXL is a new interface that can efficiently connect different types of devices that use a
[News Focus] Samsung estate sparks debate on inheritance tax
Industry
May 11, 2021
Business circles call for alleviation, govt. refrains from immediate action
[Herald Interview] From textile to advanced biochemicals, Ventex expands, evolves
Technology
May 11, 2021
Researcher-turned-entrepreneur sees huge potential for its antibacterial spray lineup
Small but mighty, Ventex bets future on nano-materials
Technology
May 11, 2021
Ventex started off in 1999 as a tiny textile developer. Through a relentless search for new materials using nanotechnology, the Seongnam, Gyeonggi Province-based company is now building its global presence as a biochemical company. According to founder and CEO Go Gyeong-chan, the company is on course to achieve 34.8 billion won ($31.2 million) in sales this year, which is expected to more than double to 73.5 billion won next year. Driving the growth are disinfection and sanitization produc
Celltrion in talks with Mideast officials to export COVID-19 treatment
Technology
May 11, 2021
South Korean pharmaceutical giant Celltrion said Tuesday that the company has submitted marketing approval applications for the company’s COVID-19 treatment to health authorities in several countries in the Middle East. The countries include Saudi Arabia, United Arab Emirates, Jordan, Iraq and Morocco. Celltrion’s announcement on Tuesday followed a day after the company said it landed its first overseas supply deal to export 100,000 vials of Regkirona to Pakistan. Celltrion expects
SK Inc. invests W40b in next-gen lithium-metal battery developer SES
Industry
May 11, 2021
SK Inc. said Tuesday it has invested an additional 40 billion won ($35.7 million) into a next-generation lithium-metal battery developer Solid Energy Systems after making an initial investment of 30 billion won in 2018. According to the holding firm of SK Group, the investment will allow the company to become the third-largest shareholder of SES after Singapore’s sovereign wealth fund Temasek and SES founder and CEO Qichao Hu. SES, which started as a spinoff of the Massachusetts Insti
Hanwha Solutions logs record net profit in Q1
Industry
May 11, 2021
Hanwha Solutions said Tuesday that its net profit in the first quarter surged 500 percent on-year to 385.2 billion won ($344.1 million), a record quarterly figure. Revenue increased 6.9 percent to 2.4 trillion won and operating profit spiked 52.4 percent to 254.6 billion won in the same period. “The record performance was propelled by a booming petrochemical business and the liquidation of some Galleria department store buildings,” a company official said. Hanwha Solutions was l
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Wealthy parents ditch Korean passports to get kids into international school
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