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The Korea Herald

Industrials

October 08, 2024
Yanolja enhances global travel data value chain

Korean travel platform operator Yanolja said Tuesday that it is ramping up global efforts to enhance its artificial intelligence-based travel solutions by securing extensive travel data. Its data solutions affiliate Yanolja Cloud Solution has recently relocated its headquarters to an information t...
October 08, 2024
Korea launches antidumping probe into Chinese steel

Following the US and EU’s efforts to curb the flow of "underpriced" Chinese steel, South Korea has launched an anti-dumping probe into imports of Chinese-made heavy steel plates. The Korea Trade Commission under the Ministry of Trade, Industry and Energy announced on Friday that it initiated an i...
October 07, 2024
Diverse fitness offerings at Wellness Seoul 2024

Artists Choi Kwang-sook and Jeon Seung-taek also contributed to the event with their installation artworks, symbolizing peaceful coexistence among humans, animals and the environment. Jeon showcased his piece, titled "Whale," which tells the story of whales struggling to protect the Earth amid huma...
October 07, 2024
Seoulites celebrate coexistence at Wellness Seoul 2024

"We came to enjoy the view of Han River when we stumbled upon this music concert. It’s our first time in Seoul, and the first time seeing Korean singers and orchestras perform. In Latvia, we don’t have such outdoor concerts on weekends, except for special national holidays, so it’s a lovely surp...
October 07, 2024
Interactive booths highlight wellness, pet care

A diverse range of institutions -- from medical experts and ESG-focused companies to art students and pet care providers -- engaged visitors through interactive booths at Wellness Seoul 2024, offering a blend of health, creativity and eco-friendly initiatives aimed at inspiring a higher quality of ...
October 07, 2024
LG Energy Solution pledges to double sales by 2028

LG Energy Solution on Monday vowed to double its annual sales by 2028 based on expanding and diversifying battery businesses outside of electric vehicles while continuing to secure technological leadership in the EV battery sector. “We will not settle at producing and selling batteries anymore, b...
October 07, 2024
Samsung Biologics to lure global clients at CPHI 2024

South Korea's leading contract development and manufacturing organization Samsung Biologics said Monday it will participate in Europe’s largest bio conference, the Convention on Pharmaceutical Ingredients Worldwide 2024. The CPHI, one of the biggest bio conferences, is held annually in major Euro...
October 06, 2024
[Herald Interview] Toonsquare ventures to open new era for webtoon creation with AI

Fueled by the surge in digital content consumption during the pandemic, the global webcomic market has seen unprecedented growth in recent years, with South Korea, home to a $1.1 billion webtoon market, cementing its position as a leader in this burgeoning industry. Leveraging Korea's unmatched ma...
October 06, 2024
Fight over Korea Zinc becomes game of chicken

The fight for management control of Korea Zinc, the world’s largest zinc smelter, has escalated into a game of chicken worth over 5 trillion won ($3.7 billion). As the bidding war heats up, both Korea Zinc and its would-be controllers are at risk of falling prey to the “winner’s curse.” On Fri...
October 06, 2024
McDonald’s Korea recognized for enhancing job security for seniors

McDonald's Korea said Sunday that it has received a commendation from the Ministry of Health and Welfare for its ongoing efforts to improve job security for senior citizens. The award ceremony was held Wednesday in Seoul to mark the 28th National Day of Older Persons here. The hamburger chain has...
October 06, 2024
LG Energy Solution aims high in North America’s ESS market

LG Energy Solution has reaffirmed its commitment to growing its presence in the rapidly expanding North American energy storage system market, aiming to capitalize on the region’s increasing demand for sustainable energy solutions. In a recent interview with UK-based industry publication Energy S...
October 06, 2024
[KH Explains] Can G-Star level up?

G-Star, Korea’s top annual gaming convention, is getting ready for its 20th edition set to open at the Busan Exhibition & Convention Center, or Bexco, on November 14. The G-Star organizing committee said this year’s event will feature 3,281 booths, slightly more than the previous year, which was...
October 04, 2024
[KH Explains] Is private equity giant MBK a risk-taker or renegade?

MBK Partners, the country’s leading private equity house with over $30 billion to its name, has once again found itself meddling in an ownership turmoil, as it moves beyond its typical buyout-and-exit strategy. Last month, MBK announced plans to acquire around 15 percent of the world’s biggest z...
October 04, 2024
SK On to raise W1tr via rights offering

SK On is looking to raise 1 trillion won ($755 million) through a rights offering as the battery maker continues efforts to improve its financial structure amid ongoing losses due to the sluggish growth of the electric vehicle market. Parent company SK Innovation announced in a regulatory filing o...
October 04, 2024
Korea, EU to hold joint study to combat climate-led food crisis

By Lee Kwon-hyung (kwonhl@heraldcorp.com) and Hwang Joo-young ( flylikekite@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