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The Korea Herald

Industrials

February 28, 2024
Mirae Asset Securities strengthens foothold in India

South Korea's brokerage Mirae Asset Securities announced Tuesday that its Indian unit hit a significant milestone, with its retail customer accounts surpassing one million in five years after its launch in 2018. India, the world's fifth-largest economy, holds strategic importance for Mirae Asset F...
February 28, 2024
NH Investment & Securities launches mobile trading service in Vietnam

NH Securities Vietnam, the Vietnamese unit of NH Investment & Securities, said Tuesday it has launched a mobile trading service called NHSV Pro. The launch of the mobile trading service reflects the Korean brokerage firm's strategy to expand sales and enhance financial IT systems by bolstering the...
February 28, 2024
Hahn & Co., Kolon to form joint venture for industrial film

Hahn & Co., the nation's largest private equity firm in terms of assets under management, is to set up a joint venture with Kolon Industries, a chemical and textile manufacturing unit under Kolon Group, to bolster its industrial film business. The two entities have signed a binding memorandum of u...
February 27, 2024
Kyobo Life secures most-admired insurer title for 2nd consecutive year

With such a background, Shin joined Kyobo Life in 1996 and assumed the CEO post in 2000, navigating the firm through domestic and global financial crises and achieving substantial growth through sound and ethical leadership, ultimately establishing the company as one of the country's leading life i...
February 27, 2024
SK chief ambitious about leading AI era with ‘much more’ services

SK Group Chair Chey Tae-won stressed his determination to make the energy-to-semiconductor conglomerate a group that would secure more customers and provide better services in the era of artificial intelligence. After touring the showroom of the group’s telecom unit, SK Telecom, on Monday, the op...
February 27, 2024
Arrest warrant sought for SPC CEO for union busting charge

Prosecutors on Tuesday requested an arrest warrant for SPC Group CEO Hwang Jae-bok over allegations of pressuring employees to cancel their labor union membership. The Seoul Central District Prosecutors' Office said that it has sought an arrest warrant for Hwang, who has allegedly violated Korean ...
February 27, 2024
Kolmar Korea records net loss in Q4

Kolmar Korea Co. announced on Tuesday that it experienced a net loss of 43.3 billion won ($32.5 million) in the fourth quarter, remaining in a negative financial position compared to the same period last year. The company's operating income for the October-December quarter reached 37.8 billion won...
February 27, 2024
Posco International to expand motor core plants in Mexico, Poland

Posco International's new president, Lee Kye-in, has initiated the global expansion of the traction motor core business by establishing operations in Poland and Mexico as his inaugural strategic move. At a board meeting on Friday, the trading arm of the Posco Group authorized the establishment of ...
February 27, 2024
[KH Explains] India: Make-or-break market for Krafton

South Korean game developer Krafton logged surprise earnings in the fourth quarter of last year thanks to the revival of PUBG: Battlegrounds, a battle royale shooter game. In particular, Kratfon highlighted the rise of Battlegrounds Mobile India, or BGMI, as one of the key factors that drove the r...
February 27, 2024
Hyundai E&C share jumps on potential Bulgarian deal

Hyundai Engineering & Construction shares jumped Monday as the company has been tapped as the preferred bidder for a $14 billion worth nuclear plant project in Bulgaria. The builder's shares ended at some 34,000 won ($25.5) on Monday, around 2 percent higher than last week. On Sunday, the company...
February 27, 2024
Ex-ministry official to join Hyundai’s global policy team

Hyundai Motor Group said Sunday that Woo Jung-yeop, a former director-general for strategy at South Korea's Ministry of Foreign Affairs, is joining its Global Policy Office as a senior vice president. This appointment, effective Monday, is part of Hyundai's efforts to strengthen its response to gl...
February 26, 2024
[From the Scene] Posco Future M automates as it eyes cathode crown

By Kan Hyeong-woo ( hwkan@heraldcorp.com )
February 26, 2024
Resignations at Google Cloud Korea spark concern

Resignations continue at Google Cloud Korea as three chiefs so far have left their posts in the four years after serving as short as 10 months amid its grappling market share, according to industry sources on Sunday. As Kang Hyoung-jun, managing director of Google Cloud Korea, who took office in A...
February 26, 2024
Tech firms to unveil AI innovations at MWC

KT will boast technology to build an aviation communication network for UAM operations, a future means of transformation. Quantum cryptography communication equipment that prevents hacking in all wired and wireless networks, communication server power-saving technology to save network power and liq...
February 23, 2024
Samsung, LG maintain TV leadership amid Chinese rush

Korean TV makers Samsung Electronics and LG Electronics cemented their leadership in the global premium TV market in 2023, but they have been warned to gear up for Chinese rivals flooding the market with cheaper products. In the premium sector for TVs priced at higher than $2,500, Korean manufactu...

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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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