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The Korea Herald

Industrials

August 06, 2024
Samsung Biologics joins Pharmaceutical Supply Chain Initiative to enhance ESG practices

Samsung Biologics announced Tuesday that it became Korea's first domestic contract development and manufacturing organization to join the US-based Pharmaceutical Supply Chain Initiative. PSCI, a non-profit organization established in 2013, aims to promote sustainable supply chains in the biopharma...
August 06, 2024
Krafton hires ex-Riot exec as publishing chief

Krafton, the South Korean game developer behind PUBG: Battlegrounds, said Tuesday it had appointed Oh Jin-ho, a seasoned executive with experience at Riot Games and Blizzard Entertainment, as its new chief global publishing officer. Oh's extensive background includes major roles such as general ma...
August 04, 2024
[KH Explains] Shift Up shakes up Korean gaming industry with agility

Shift Up’s portfolio also includes the mobile gacha RPG Destiny Child and the AAA action-adventure console game Stellar Blade, which launched exclusively on PlayStation 5 in April 2024. Stellar Blade quickly topped the charts, becoming Japan's number-one PlayStation download in April and securing ...
August 04, 2024
Samsung SDI seeks top US talent

Samsung SDI has embarked on a global journey to find the most talented professionals to advance the Korean company’s level of technology and take the lead in the secondary battery industry. The battery maker held this year’s first career fair at the Hyatt Regency Cambridge Hotel in Cambridge, Ma...
August 04, 2024
S-Oil unveils new TV ad to deliver future-forward vision

S-Oil said Sunday that it has begun airing the second season of its “GooDoil Can Do It” television marketing campaign from July 31. The new ad shifts from the previous focus on product quality to highlight the theme of the “power of creative energy,” delivering a futuristic message through a c...
August 02, 2024
Zyx Technology, Vietnam’s CTC1 team up to infuse AI into construction

South Korean design software developer Zyx Technology said Friday that it has recently signed a memorandum of understanding with Vietnam's Construction Technical College No.1 (CTC1) to expand its presence in the Vietnamese market. CTC1, an institution under Vietnam's Ministry of Construction, is t...
August 01, 2024
SKT's 20-year sponsorship elevates Korean fencing to Olympic glory

Achieving remarkable success at the Paris Olympics, Korean fencing is shining alongside SK Telecom's two decades of sponsorship. Since starting its sponsorship of the Korean Fencing Federation in 2003, SKT has been a steadfast supporter of Korean fencing. Over the years, the company contributed 30...
August 01, 2024
Samsung labor union demands chief step in

Samsung Electronics’ labor union on Thursday protested in front of Chairman Lee Jae-yong’s residence in Seoul, calling on the Samsung chief to step in over their stalled wage talks with the government. The National Samsung Electronics Union, which accounts for about 24 percent of the total workf...
August 01, 2024
Hyundai Group chair named honorary province governor

Hyundai Group Chairperson Hyun Jeong-eun has been reappointed honorary governor of North Chungcheong Province, in recognition of her and Hyundai’s contributions to regional development, the group said Wednesday. The appointment ceremony was held Wednesday at Hyundai Group’s headquarters in centr...
July 31, 2024
KT&G, Philip Morris team up on US tobacco filings

South Korean tobacco-maker KT&G said Wednesday it has signed a memorandum of understanding with Philip Morris International, the global leader in smoke-free cigarettes, to collaborate on regulatory submissions in the US prior to officially launching its products there. Focused on KT&G's heated tob...
July 31, 2024
[KH Explains] How Balaan bucks luxury slowdown

Korean luxury fashion platform Balaan is getting fresh attention from investors, bucking the trend among global rivals reeling from sluggish sales and lukewarm investor appetite. According to industry sources on Wednesday, Balaan has been in talks with multiple investors in its Series D funding ro...
July 30, 2024
Vine Group secures bigger footing in Japan

Vine Group said Tuesday that its Japanese subsidiary Vine Japan successfully expanded business operations in Osaka, Japan. Since its establishment in 2017, Vine Japan has diversified its operations from rental services to include hotels, trade, and the food and beverage sector. Vine Japan entered...
July 30, 2024
STX Heavy rebranded as HD Hyundai Marine Engine

Korean marine engine maker STX Heavy Industries has officially been rebranded as HD Hyundai Marine Engine under the umbrella of HD Hyundai. At a shareholders' meeting held on Tuesday, all proposed agenda items were approved, including amendments to the articles of association, a name change and th...
July 30, 2024
NCSoft invests $3.5m in Sweden's Moon Rover Games

By Kan Hyeong-woo ( hwkan@heraldcorp.com )
July 30, 2024
[KH explains] Hanwha scion steps into spotlight amid pending succession

Hanwha Group Chairman Kim Seung-yeon’s second son Kim Dong-won, president and chief global officer at Hanwha Life, is eyeing a bigger presence within his father’s business empire as he plays a key role in leading the global expansion of the group’s financial business. Hanwha’s succession schem...

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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
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