CES 2021 kicks off amid hopes for new technologies to help humanity in new normal era after pandemic

Samsung Electronics is expected to rack up strong earnings in 2021 on the back of the “semiconductor supercycle,” according to local analysts Monday. Demand for 5G communication chips, mobile applications processors and image sensors will be strong for the next two to three years, aiding the South Korean chipmaker, they said. Foundry Samsung Electronics is expected to continue its strong performance in the foundry sector, backed by increasing demand from the makers of high-pe

After hitting an all-time high in sales last year, Volvo Cars Korea is aiming for another record-breaking year, with a plan to sell 15,000 vehicles. To achieve that goal, it plans to invest 50 billion won to augment service networks and hire more staff. According to the automaker, it sold a total of 12,798 units in Korea last year which was its best performance since establishing a presence here in 1998. The figure was an increase of 21 percent from the year before. This year, the automak

Elon Musk’s direction to use Signal misguides followers to unrelated stock

Payment to take place right away, quarantine rule breakers to be excluded

Renewed version noted for expanded user convenience, safety features

Hanwha has introduced a new line of collaborative robots, making a foray into the fast-growing global collaborative robot market, it said Monday. “The HCR-3A, HCR-5A and HCR-12A models can handle an object weighing 3 kilograms, 5 kilograms and 12 kilograms, respectively, with enhanced designs and compatibility compared to previous models,” the company said in a press release, introducing its three new Hanwha Collaborative Robots with five new functions. 　 Robot AI 3D Vision improv

South Korea, China and Japan have agreed to accept a United Nations aviation agency's proposal for an agreement critical for the safety of flights near Korea's southern resort island of Jeju, the transport ministry said Monday. South Korean and Japanese air traffic controllers have been directing north-south flights and east-west flights, respectively, in the "Akara corridor," which is part of South Korean airspace. Japan has shepherded flights between Shanghai and Japan on behalf of

Korean food overtook fried chicken as the second-most-popular delivery food last year, according to on-demand delivery platform Vroong on Monday. While burgers remained the most popular food ordered via Vroong in 2020 and fried chicken was pushed to third place, desserts swapped places with “bunsik” -- a category that includes popular street food items such as gimbap, tteokbokki and fish cakes. Mesh Korea, the company behind the food delivery app, attributed the greater popularit

LG Display plans to ship 7 million to 8 million OLED TV panels this year

Korea Shipbuilding & Offshore Engineering Co. said Monday that it has won a combined 288 billion won ($263 million) in orders from three companies in Liberia, Oceania and Asia. Under the deal with a Liberian company, a 174,000-cubic meter liquefied natural gas (LNG) carrier to be built by Hyundai Samho Heavy Industries Co. will be delivered by the second half of 2023, Korea Shipbuilding said. The deal has an option to build two 174,000-cubic meter LNG carriers and one liquefied petroleum g

South Korea's top construction equipment maker Doosan Infracore Co. said Monday that its excavator sales in China rose 22 percent last year from a year earlier on the back of infrastructure investment expansion by the Chinese government. Doosan Infracore sold 18,686 excavators in the country last year, compared with 15,270 units in 2019, which is its highest annual sales since 2011, when it sold about 16,700 units, the company said. Doosan Infracore sold 21,800 excavators in 2010 in China, whi

LG Electronics Inc. on Monday said it has signed a partnership with the global esports organization Gen.G to better target young consumers amid the pandemic. Under the deal, the two sides agreed to seek various business opportunities in the global esports industry and cooperate in promoting LG UltraGear gaming monitor and notebook products. LG believes the partnership can boost its marketing for the MZ generation, which refers to those born between 1980 and the early 2000s as a combination of

　South Korea’s exports of environment-friendly vehicles jumped 40 percent in 2020 from a year earlier on growing demand for eco-friendly cars, the Trade Ministry said.  　Exports of all-electric and hydrogen fuel-cell electric vehicles climbed to $4.6 billion last year from $3.3 billion a year ago, according to the Ministry of Trade, Industry and Energy. 　Eco-friendly vehicles accounted for 12 percent of the country’s overall vehicle shipments last year, up from 7.7 perce

Hyundai Motor Co. said it halted operations at one of its domestic plants Monday morning as an employee was infected with the new coronavirus. Hyundai Motor suspended its Asan plant, which produces the Sonata and Grandeur sedans, at 6:45 a.m., and the suspension will continue until 3:30 p.m., a company spokesman said over the phone. Hyundai has adjusted production at its local plants since early last year when the coronavirus outbreak began to affect vehicle sales. Last month, Hyundai halted