Archive by category Business

Posco to build lithium-ion cathode plant in Gwangyang
Posco to build lithium-ion cathode plant in Gwangyang

South Korean steelmaker Posco will build a lithium-ion cathode plant in the nation’s southwestern region to meet the growing market demand on rechargeable …

[Monitor] Convenience store businesses flourish in South Korea
[Monitor] Convenience store businesses flourish in South Korea

Ever since the first-ever convenience store 7-Eleven was opened by then-copy printer manufacturer Dong-Hwa Industrial in May, 1989, in Bangi-dong, southern …

Will Korea send esports team to 2018 Asian Games?
Will Korea send esports team to 2018 Asian Games?

For the first time, esports — competitive video gaming — is set to be incorporated as an official medal event at the 2018 Asian Games that kick off in …

Samsung speeding up schedule for new flagship smartphones
Samsung speeding up schedule for new flagship smartphones

South Korean tech titan Samsung Electronics seems to be speeding up the schedule for new flagship smartphones slated for launch later this year and 2019, …

Kumho Tire seeks fresh start with new product
Kumho Tire seeks fresh start with new product

Ending controversies in the course of its acquisition by a Chinese company, South Korean tiremaker Kumho Tire on Wednesday launched a new product for the first …

Seoulites spend 96 minutes on daily commute: data
Seoulites spend 96 minutes on daily commute: data

Seoul citizens spend an average of an hour and 36 minutes traveling to and from work every day, data showed Wednesday. According to a report by the Ministry of …

[Herald Interview] ‘Korean women are underestimated in leadership’
[Herald Interview] ‘Korean women are underestimated in leadership’

The Korea Herald is publishing a series of features and interviews on South Korea’s business environment for foreign companies and investors. This is the …

Nexon to release first R-rated mobile MMORPG ‘Kaiser’ next month
Nexon to release first R-rated mobile MMORPG ‘Kaiser’ next month

Nexon Korea announced Wednesday plans to release its first R-rated mobile role-playing game “Kaiser” next month. The game will preopen on June 4 and …

Shilla Duty Free outperforms in Q1 with record-high sales
Shilla Duty Free outperforms in Q1 with record-high sales

Shilla Duty Free, the airport duty-free retailer under Hotel Shilla, said Wednesday that it posted record-high sales of 1.14 trillion won ($1 billion) in the …

[Tech Brunch] LG focuses on robot technologies to support humans
[Tech Brunch] LG focuses on robot technologies to support humans

Tech Brunch breaks down how complex technologies work. — Ed. To a question about what kinds of robots LG Electronics aims to build, Baek Seung-min, …

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