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The Korea Herald

Industrials

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...
July 30, 2024
JobKorea, Hirediversity team up to assist foreign job seekers

JobKorea, a job search platform, said Monday it has joined forces with Hirediversity, a local administrative service platform intending to assist foreign national job seekers. The partnership aims to streamline the administration process for foreign nationals interested in working in Korea by leve...
July 29, 2024
Hanwha Ocean spurs innovation for greener shipbuilding

As the maritime industry navigates towards a greener future, the demand for vessels meeting stringent carbon reduction regulations is increasing in line with the International Maritime Organization's goal of carbon neutrality by 2050. With over 100,000 vessels collectively emitting nearly a billion...
July 28, 2024
HD Hyundai Electric expands Alabama plant for better efficiency

HD Hyundai Electric, an energy solution provider under Korean shipbuilding giant HD Hyundai, said Sunday that it has expanded the storage capacity of its manufacturing plant in Alabama to meet growing orders and improve operational efficiency. The expansion adds 12,690 square meters to the existin...
July 28, 2024
Daewoo E&C boosts technology portfolio to tackle climate crisis

By Park Se-ra ( serap1005@heraldcorp.com )
July 28, 2024
SK hynix confirms W9.4tr investment in Yongin Cluster's 1st fab

SK hynix, the world's second-largest memory chip maker, said it has decided to invest about 9.4 trillion won ($6.77 billion) in building the first manufacturing plant and business facilities of the Yongin Semiconductor Cluster in a board meeting on Friday. The chipmaker plans to start construction...
July 26, 2024
NCSoft releases sustainability report to meet global green standards

NCSoft announced Friday the publication of its fourth sustainability report, highlighting its commitment to achieving global standards in environmental management. The game firm’s "ESG Playbook 2023" includes its environmental, social and governance strategies and key accomplishments from the pre...
July 26, 2024
Posco threads new life to old uniforms for Philippine communities

Posco Group announced Friday that it donated 30,000 uniforms that no longer serve its employees to be upcycled for communities in the Philippines affected by disasters. After introducing new uniforms in February, Posco sought ways to utilize the former ones. This latest effort brings their total n...
July 26, 2024
NCSoft launches official Discord channel for Throne and Liberty

NCSoft announced Thursday that it launched an official communication channel for its massively multiplayer online role-playing game, Throne and Liberty, to help users build community. By using voice, video and text communication service Discord, players can access various updates and announcements...
July 25, 2024
Hankook & Co. invests in electrode startup for battery expansion

Korean tire giant Hankook & Co. announced Thursday a 9 billion won ($6.5 million) investment in JR Energy Solutions, a local secondary battery electrode foundry firm, in its first foray into the burgeoning EV battery market. JR Energy Solutions specializes in producing electrodes, a crucial compon...
July 25, 2024
GS Entec's 1st monopile shipped for major offshore wind project

GS Entec, a South Korean offshore wind power and marine equipment manufacturer, said Thursday it has successfully shipped its first turbine base, or monopile, from its Ulsan plant for the Yeonggwang Nakwol Offshore Wind Power Project. Located off the southwestern coast of Korea, the Yeonggwang Nak...
July 25, 2024
Samsung Biologics' H1 earnings hit W2tr for first time

Leading global contract development and manufacturing organization Samsung Biologics announced Wednesday that its earnings for the first half of this year reached an all-time high, surpassing 2 trillion won ($1.5 billion). According to its financial results for the first half of this year, the com...
July 25, 2024
Zyx Technology, Eomji House team up for interior design innovation

South Korean design software developer Zyx Technology said Wednesday that it signed a memorandum of understanding with Eomji House, an interior architecture and design firm, to foster mutual exchange and cooperation. Zyx Technology and Eomji House will collaborate on developing and refining new te...
July 24, 2024
Amorepacific tops beauty sales during Amazon Prime Day

South Korean beauty giant Amorepacific said Wednesday that several of its brands topped sales during Amazon Prime Day, the global online retailer's largest shopping event. Amazon Prime Day is an exclusive annual event for its Prime members that took place on July 16 and 17 this year. Amorepacific’...

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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