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The Korea Herald

Industrials

May 24, 2024
Posco’s steel technology brings aesthetics to cultural heritage restoration

By Park Se-ra ( serap1005@heraldcorp.com )
May 24, 2024
Samsung denies report on HBM chips failing Nvidia tests

Samsung Electronics, the world's No. 1 memory chipmaker, on Friday denied a report that its high bandwidth memory chips had yet to pass Nvidia's tests for use in the US chip giant's AI processors. Samsung said testing for HBM supply is progressing "smoothly" with various global partners. "We are ...
May 24, 2024
[From the Scene] Korean Air's new operations center highlights full commitment to safety

Upon entering the OCC, known as the 24-hour control room on ground, the large wall-mounted screen immediately stood out. "We have received light turbulence information, but recommend the same route as there seems to be no significant impact. Please be careful as slight turbulence is expected three...
May 23, 2024
[From the Scene] Global transport leaders call for greener moves

LEIPZIG, Germany -- Global transport leaders have called for the importance of bolstering environmentally friendly transportation during these times of climate, health and geopolitical crisis at this year’s International Transport Forum’s annual summit in Leipzig, Germany. “The world is facing ...
May 22, 2024
Hyundai Rotem, STX sign $60m armored vehicle deal with Peru

Korean defense company Hyundai Rotem and trading firm STX signed a $60 million contract with Fabrica de Armas y Municiones del Ejercito SAC, the Peruvian state arms procurement agency, to export K-808 White Tiger wheeled armored vehicles. It is Korea's first export of armored vehicles to Latin Ame...
May 22, 2024
Hanwha Q Cells' EnFin completes $250m ABS sales

EnFin, the US-based residential solar financing subsidiary of Hanwha Q Cells, has recently completed the sales of the first asset-backed securities worth $250 million, the Korean energy solution provider said Wednesday. EnFin provides financial solutions to consumers who install solar panels in th...
May 22, 2024
Battery makers' output slows on waning EV demand

An increasing share of manufacturing capacity is not being used in Korea’s battery industry due to waning demand in the electric vehicle market. But manufacturers remain optimistic about a recovery later this year as inventory adjustments end and new EV models are launched. Official data release...
May 22, 2024
Hyundai Elevator marks 40 years with vision for future innovation

South Korea's largest elevator manufacturer Hyundai Elevator celebrated its 40th anniversary on Wednesday, pledging to solidify its path toward becoming a centennial company with a vision centered on ESG management practices and urban air mobility. "Hyundai Elevator has grown into a cornerstone of...
May 21, 2024
Samsung replaces semiconductor chief amid heightened AI race

Samsung Electronics said Tuesday it has appointed Jun Young-hyun as the new head of its semiconductor business in an apparent move to strengthen its market position amid fiercer competition in burgeoning artificial intelligence chips. Kyung Kye-hyun, who previously held the position, has been tapp...
May 21, 2024
Hanwha chief calls for defense unit to spur growth overseas

Hanwha Group Chairman Kim Seung-yeon on Monday urged the group’s space business and defense arm Hanwha Aerospace to increase efforts to expand its presence in the global defense market. "We need to tirelessly work on securing future orders for Romania's K-9 project, in order to expand our share i...
May 20, 2024
SK Ecoplant extends waste management service for Coupang

SK Ecoplant said Monday that it is extending its waste management service for Coupang Fulfillment Services, the logistics arm of Korean e-commerce giant Coupang. SK Ecoplant has been offering an integrated waste management service using its WAYBLE circular platform that handles the collection and ...
May 20, 2024
Doosan Robotics sets up Europe headquarters in Germany

Doosan Robotics announced Monday the establishment of its European branch, Doosan Robotics Europe, in Dusseldorf, Germany, aiming to expand its sales channels and respond more effectively to local demand. Doosan Robotics Europe will collaborate with system integrators and dealers in major European...
May 20, 2024
LG CNS launches Orelo conference interpreting solution

Korean IT service provider LG CNS said on Monday it has launched a multi-lingual video conference interpretation solution, called “Orelo,” which can simultaneously interpret up to three different languages in real-time. The solution can distinguish about 100 languages by voice alone and provides...
May 19, 2024
LG Uplus unveils new slogan for AI innovation

LG Uplus, one of the nation's top telecom carriers, on Sunday unveiled a new brand slogan “Growth Leading AX Company" to accelerate innovation centering on the artificial intelligence transformation, referred to as AX. The company said the latest announcement came during an internal online sessio...
May 19, 2024
HD Hyundai chair receives honorary doctorate from HUFS

HD Hyundai Chairman Kwon Oh-gap has been bestowed an honorary doctorate in business from Hankuk University of Foreign Studies, the company said Sunday. HUFS conferred Kwon, an alumnus, for his contributions to the national economy by securing firm’s competitiveness, fulfilling social responsibili...

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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