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The Korea Herald

Industrials

August 19, 2024
Buyout firms build appetite for waste managers in Korea

Overseas private equity firms are increasingly eyeing to acquire a stake in waste management companies here, in an attempt to expand their footprint in the environmental sector. Swedish investment company EQT announced Friday that it is set to acquire the local plastic recycler KJ Environment and ...
August 19, 2024
SK's top executives convene to discuss AI at Icheon Forum

SK Group kicked off its annual Icheon forum -- one of the biggest gatherings of its top executives -- in Seoul on Monday to explore strategies for expanding the artificial intelligence ecosystem and reinforcing the value of SK Management Systems, the group’s unique philosophy introduced by former ...
August 18, 2024
Hyundai AutoEver leads security infrastructures projects in Africa

Hyundai AutoEver, Hyundai Motor Group’s software subsidiary, has scored a series of orders to build public security infrastructures in developing African nations: Angola and Mozambique. According to information and communications technology industry sources on Sunday, Hyundai AutoEver signed an 8...
August 18, 2024
SK hynix sales more than double in China, US in H1

SK hynix witnessed its sales in China and the US more than double to contribute to an overall growth in revenue in the first half of this year, according to the company’s half-year report Sunday. The world’s second-largest memory chip maker said it logged a total of 28.8 trillion won ($21.26 bil...
August 18, 2024
Shinhan opens new Vietnam headquarters

South Korea’s Shinhan Financial Group has opened its new Vietnam headquarters in Ho Chi Minh City’s Thu Thiem financial district, bringing its subsidiaries together under one roof, the company said Sunday. On Thursday, Shinhan’s five Vietnamese subsidiaries — Shinhan Bank, Shinhan Finance, Shi...
August 16, 2024
K-pop stocks struggle amid scandals, sluggish earnings

K-pop powerhouses are grappling with a loss of growth momentum, with Hybe taking the hardest hit amid ongoing scandals. Hybe, home to K-pop sensation BTS, saw its shares plunge 4.56 percent Wednesday, closing at 163,100 won ($120), the lowest since December 2022. This marked the fourth consecutiv...
August 14, 2024
Merck boasts materials know-how at K-Display

Merck Korea, the Korean subsidiary of German science and technology juggernaut Merck, has showcased its materials intelligence with its participation at K-Display 2024, South Korea’s largest display exhibition. Merck enhances data interpretation and transmission by utilizing intelligence technolo...
August 14, 2024
Korean Air, L3Harris convene to advance aerial surveillance capabilities

South Korea's flag carrier Korean Air and US defense company L3Harris Technologies co-hosted an Industry Day event Tuesday to discuss ways to bolster aerial surveillance and monitoring capabilities. The gathering brought together executives and officials from over 30 domestic and international def...
August 14, 2024
SK Square’s new CEO vows to up semiconductor investment

Han Myung-jin, the new chief executive officer of SK Group’s investment arm SK Square, took office Wednesday, pledging to build a more chip-central business portfolio. SK Square shareholders approved the appointment of Han during a meeting held in central Seoul on Wednesday, where he won 99.4 per...
August 14, 2024
[Hello India] Korean firms seek to indulge India's K-food craving

South Korea has seen a rise in food exports to India in recent years, capitalizing on the growing popularity of Korean culture and foods, which also aligns with the efforts of Korean food companies to expand their presence there, drawn to the country's large population and growth in income levels. ...
August 14, 2024
Hanjin Logistics sets up Singapore branch

Hanjin Logistics Corp., an affiliate of Korean airline-to-logistics conglomerate Hanjin Group, said Wednesday that it set up a branch in Singapore as part of its plan to develop a network within the ASEAN member countries. This branch marks a strategic move to elevate the firm's status in the Asia...
August 13, 2024
Korea Arboreta and Gardens Institute bridges Korean gardens to global markets

The Korea Arboreta and Gardens Institute is paving the way for Korean-style gardens abroad. The institute, operating under the Korea Forest Service, showcased the beauty and traditional philosophy of Korean gardens on a global stage by setting up a special garden at the International Horticultural...
August 13, 2024
Chipmakers keen on enhancing power efficiency of AI chips

The latest boom in artificial intelligence is prompting competition among the world's top three memory-chip-makers to debut more power-efficient DRAM chips with higher capacity to power high-performance computing for AI applications. Chipmakers are focusing especially on the seventh-generation Low...
August 13, 2024
Zyx Technology signs sponsorship deal with golfer Kim Jae-hee

South Korean design software developer Zyx Technology announced Tuesday that it signed a sponsorship deal with professional golfer Kim Jae-hee. Under this sponsorship, Kim will wear a cap with the logo of ZyxCAD, the company's independently developed versatile computer-aided design software, durin...
August 13, 2024
Korea Arboreta and Gardens Institute takes center stage in global plant conservation efforts

As climate change continues to threaten plant ecosystems worldwide, the Korea Arboreta and Gardens Institute is drawing increased attention as a key player in protecting biodiversity both locally and abroad. Operating under the state-run Korea Forest Service, KoAGI's primary task is managing the B...

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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
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