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The Korea Herald

Companies

November 06, 2024
EcoPro HN completes battery materials plant

EcoPro HN, the environmental solutions provider under EcoPro, said Wednesday it has completed the construction of a new manufacturing plant for rechargeable battery materials in Chopyeong, North Chungcheong Province. Around 100 officials, including key executives -- former EcoPro Chairman Lee Dong...
November 06, 2024
Coupang hits record quarterly sales on customer loyalty

New York-listed e-commerce giant Coupang set another quarterly record in the July-September period of this year on enhanced user engagement, with its revenue reaching $7.86 billion, a 32 percent jump from a year ago. The company also returned to profitability in the quarter after posting operating...
November 06, 2024
Mixed outlook for Chinese visa exemption

Airline companies, including the top two Korean Air and Asiana Airlines, are also bracing for a possible surge in Chinese travel. Korean Air plans to launch its Incheon-Fuzhou route with three weekly flights from Nov. 28, while resuming Busan-Qingdao services on Dec. 1 after nearly four years of h...
November 06, 2024
Kumyang works to win back investor trust

By Kan Hyeong-woo ( hwkan@heraldcorp.com )
November 06, 2024
Renault Korea CEO awarded Industrial Service Medal

Renault Korea CEO Stephane Deblaise has been awarded the Industrial Service Medal from the Korean government in recognition of his leadership in successfully launching the Grand Koleos, the French automaker's new sports utility vehicle codenamed Aurora 1. According to Renault Korea on Wednesday, D...
November 06, 2024
Posco discusses future strategies at tech forum

South Korean steel giant Posco Group on Wednesday held the 2024 Posco Group Tech Forum, an annual event dedicated to sharing advancements in the core technologies of the group’s key businesses and discussing future directions. Now in its 36th year, the event was held offline in Pohang, North Gyeo...
November 06, 2024
Kolmar Korea reduces development time for cosmetics

South Korea's leading cosmetics original design manufacturer, Kolmar Korea, announced Wednesday it will start a packaged product service to accelerate product launches by up to six months, aiming to strengthen its position in the global market. The packaged product service, or PPS, allows clients ...
November 06, 2024
SKT to open Nvidia GPU-based AI data center

South Korea's leading mobile carrier SK Telecom said Wednesday it will open an artificial intelligence data center based on US tech giant Nvidia’s graphics processing units next month in Seoul, along with an AI data center testbed in Pangyo, Gyeonggi Province, in the same month. The announcement ...
November 06, 2024
Daewoo E&C seeks bigger footing in US property market

South Korean builder Daewoo Engineering & Construction said Wednesday a delegation of its executives recently visited the US to meet with private equity firms and developers as part of its efforts to expand its real estate development operations in the country. The delegation, which included Vice ...
November 05, 2024
Hyundai E&C wins contract for Bulgaria's nuclear project

Hyundai Engineering & Construction said Tuesday it has signed a design and planning contract with Bulgaria's state energy agency for the new construction of the Kozloduy Nuclear Power Plant in the region, in partnership with US-based builder Westinghouse. The signing took place at the Council of M...
November 05, 2024
Young Poong's environmental violations come to light

Young Poong, a Korean zinc smelter, has come under fire for environmental violations and an array of industrial accidents occurred at its Seokpo refinery. According to the company, its Seokpo refinery in North Gyeongsang Province was ordered by the Supreme Court to shut down for two months for vio...
November 05, 2024
Posco begins construction of high-purity rare gas plant

South Korean steelmaker Posco Group announced Tuesday that its joint venture, Posco Zhongtai Air Solution, has started construction of a high-purity rare gas plant in Gwangyang, South Jeolla Province. The joint venture was launched in August between Posco Holdings and China's Zhongtai Cryogenic Te...
November 05, 2024
Daewoo E&C names new CEO

South Korean builder Daewoo Engineering & Construction announced Tuesday that Kim Bo-hyun, the current executive vice president, is set to take on the role of CEO at the upcoming board meeting scheduled for December. Kim, born in 1966, is a retired South Korean Air Force brigadier general and form...
November 05, 2024
Global scholars discuss AI’s future at Samsung forum

Global scholars and artificial intelligence experts discussed the future of AI, semiconductors, and the use of the technology in everyday life at this year's Samsung AI Forum that kicked off Monday. During the two-day event, renowned academics including Turing Award winners Yoshua Bengio and Yann ...
November 05, 2024
Kia’s new Sportage gets all-around upgrade

By Kan Hyeong-woo ( hwkan@heraldcorp.com )

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EDITOR'S PICKS

Herald Corporation |CEO : Choi Jin-Young |Huam-ro 4-gil 10, Yongsan-gu, Seoul, Korea |Title : The Investor |Date of registration : 2016.06.21 |Date of issue : 2016.06.21
Publisher. Editor : Choi Jin-Young |Chief Privacy Officer & Juvenile Protection Manager : Choi He-suk |T +82-2-727-0021 |E investor@heraldcorp.com

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Company Registration No. 104-81-06004 |Mail-Order Business Registration 2016 - Seoul Yongsan - 00590 |Business info |Gov’t registration No. Seoul 아04099