The Korea Herald

Lee Ji-yoon

안녕하세요 Lee Ji-yoon 기자입니다.

jylee@heraldcorp.com

Articles by Lee Ji-yoon

Apple to revise rules on replacing faulty iPhones

IndustrySept 14, 2011

An office worker, surnamed Kim, has replaced his iPhone 15 times in the 20 days since he purchased it. Kim’s is not a rare case in Korea, where Apple, the California-based handset maker, has offered a very limited after-sales service policy. Despite frequent glitches and failures, it is difficult fo
‘Gender of heirs apparent affects chaebol business’

IndustrySept 14, 2011

The gender of heirs apparent can affect the business performance of local conglomerates, research found Sunday. Chaebul.com, a portal following the activities of larger companies, recently analyzed changes in business showings among the nation’s 20 biggest companies in which children of owners were
Louis Vuitton opens first airport store

IndustrySept 13, 2011

Incheon Airport expects opening to help attain goal of becoming No. 1 duty free stopLouis Vuitton on Saturday opened its first-ever airport store at Incheon International Airport in partnership with Shilla Duty Free.With the new opening of the 550-square-meter mega store, industry sources expected t
Korean restaurant chains seek success abroad

IndustrySept 9, 2011

From fried chicken to bibimbap, Korean franchises lined up for overseas marketsThe first overseas store of Bulgogi Brothers, a local franchise specializing in Korean barbeque, opened Thursday within a hip shopping mall in Makati, the financial hub of the Philippines. For Zeus Yi, the company’s presi
Foreign luxury brands slow to ‘give back’

IndustrySept 8, 2011

Foreign luxury brands have seen their sales in Korea almost triple in recent years but they were stingy in giving back to society, research found Thursday. The Korea sales of the top 15 foreign high-end brands jumped from 1.42 trillion won ($1.32 billion) in 2005 to 3.87 trillion won last year, said
Korea puts off plan to raise limit on duty free shopping

IndustrySept 8, 2011

The nation’s customs agency on Thursday again put off raising the limit on the duty free allowance for travelers coming from overseas, citing economic uncertainties inside and outside of the country. Under the current law, Korean travelers are required to report their overseas purchases in excess of
Organic milk ‘overpriced,’ no better

IndustrySept 7, 2011

A study found Wednesday that organic milk products cost up to three times more than standard milk products despite containing no fewer harmful substances or bacteria. Consumers Korea released its study on organic milk products of three major diary companies including Namyang Diary Products Co. and P
Google denies unfair practices, promises to cooperate in probe

IndustrySept 7, 2011

FTC antitrust investigators search company’s Seoul officeGoogle Inc. denied any alleged unfair business practices in Korea, the day after antitrust officials raided its Seoul offices on Tuesday. The Fair Trade Commission stormed Google’s office as part of its probe into an allegation that the global
Retail giants agree on commission cut

IndustrySept 6, 2011

The Fair Trade Commission said Tuesday that major retailers have agreed to lower the commission they charge traders who use their floor space from October.According to the antitrust regulator, FTC chairman Kim Dong-soo and 11 CEOs of department stores, discount chains and home-shopping channels reac
Amore Pacific eyes W500b ‘mega brands’

IndustrySept 5, 2011

Amore Pacific Corp. on Monday held a ceremony marking the company’s 66th anniversary, renewing its long-term target to nurture “mega brands” with more than 500 billion won ($468 million) in annual sales. “We have succeeded in having brands whose annual sales exceed 100 billion won. And now is the ti
Salt prices increase to 30-year record

IndustrySept 5, 2011

Salt prices surged 42.8 percent in August from a year earlier, the highest growth since 1981, government data showed Monday.According to Statistics Korea, salt prices have increased for eight consecutive months this year. In August the prices jumped 13.6 percent from July. Fears over the potential r
Shinsegae to build mammoth shopping mall

IndustrySept 5, 2011

Shinsegae Group said Monday it will build a multiplex shopping mall in Hanam, Gyeonggi Province, by 2015 in a partnership with a U.S.-based developer Taubman Centers. Located at a 117,000-square-meter site in Hanam, one of Seoul’s satellite cities, Hanam Union Square will be the largest shopping mal
Taiwanese giving thanks with Korean ginseng

IndustrySept 4, 2011

This is the third installment of a series that spotlights Korean products enjoyed by people overseas. ― Ed. Cheng Sheng I, a Taiwanese dealer for Cheong Kwan Jang, the Korean red ginseng brand name solely owned by Korea Ginseng Corp., is currently busy dealing with soaring orders from stores nationw
Six drug makers fined W11b for illegal rebates

IndustrySept 4, 2011

The Fair Trade Commission said Sunday that it has fined five multinational drugmakers and one local firm a total of 11 billion won ($10 million) for illegal rebate activities. The financial and non-financial benefits given in return for prescriptions and drug orders between August 2006 and March 200
Bulgogibrothers to open first overseas store in Manila

IndustrySept 1, 2011

Bulgogibrothers, a local franchise specializing in Korean barbeque, said Thursday it will open its first overseas store in the Philippines on Sept. 8.The bulgogi store will be the first hansik, or Korean food, restaurant located in the city of Makati, the financial center of Manila, the company said