BUSINESS
Samsung Heavy, Brazilian authorities reach $149m settlement in bribery probe
Samsung Heavy Industries Co. said Tuesday that it has reached a settlement with Brazilian state prosecutors and auditors over a graft probe surrounding drillship orders by the company. The company s...
Feb 23, 2021
Samsung SDI to inject W1tr into Hungary battery plant
Samsung SDI said Tuesday it will inject 1 trillion won ($900 million) into its battery plant in Goed, 30 kilometers north of Budapest, Hungary. In a regulatory filing, the battery maker said its Eur...
Korean experts advise Pfizer vaccine for 16 and older
The first of the three-part evaluation of Pfizer’s COVID-19 vaccine here has shown the vaccine to be 95 percent effective and eligible for use on those aged 16 and older, South Korea’s Drug Ministry ...
Chey Tae-won named as incoming KCCI chief
SK chief vows to play leading role in post-coronavirus economy
[Herald Interview] How a Korean pizza parlor aims to become a global fast food franchise
Starting in 2016 as food truck in Seoul, Gopizza runs 100 stores across Asia
SK Innovation to liquidate 49% of SK Global Chemical for green transition
SK Innovation said Tuesday that it would sell off 49 percent of its petrochemical subsidiary, SK Global Chemical, as part of a strategy to unload carbon-intensive assets and focus its investments on ...
Texas blackout: A harsh lesson for Korea’s wind power industry?
Natural disasters could present hurdle to plans for world’s largest offshore wind farm
[Time to Play] JBL Quantum One, for those willing to spend extra to win
Quantum Sphere 360 technology tracks opponent’s footsteps with precision in shooting game
Big Hit's 2020 net soars amid unrelenting BTS popularity
Big Hit Entertainment Co., the management agency behind global superstars BTS, said Tuesday its net profit rose 19 percent last year from the previous year amid the growing popularity of its flagship...
Samsung Electronics gets first homemade ultrathin copper foils
Iljin Materials said Tuesday it has shipped the first batch of domestically produced ultrathin copper foils to be used for semiconductor packing to Samsung Electronics. According to the electronic m...
S. Korea aims to boost exports of eco-friendly cars
South Korea on Tuesday finalized a five-year plan for the eco-friendly auto industry, which includes expanding exports of such automobiles by threefold by 2025. The country's exports of eco-friendly...
Pandemic-hit travel agencies report over 80-pct sales plunge, beg for relief measures
South Korean travel agencies said Monday they saw their annual sales plummet more than 80 percent last year due to the COVID-19 pandemic and are in urgent need of relief measures from the government....
Feb 22, 2021
[Herald Interview] Software dons role of therapeutics
‘In budding world of software as medical device, more players are needed for the market to grow’
Macrogen, Lifex Biolabs to research Parkinson’s treatment
Precision life science company Macrogen will collaborate with US-based Lifex Biolabs on Parkinson’s disease treatment research, Macrogen announced Monday. This is a follow-up to Macrogen’s strategic...
P&G addresses gender equality in pandemic-hit world
P&G Korea, the local subsidiary of Procter & Gamble, has reaffirmed its commitment to gender equality, in line with its global headquarters’ continued move to propel the gender initiative, officials ...