Archive by category Feature

Hyundai Motor to increase production of commercial vehicles
Hyundai Motor to increase production of commercial vehicles

Hyundai Motor, the nation’s top automaker, announced Monday that it would invest 2 trillion won ($1.8 billion) in raising its annual production capacity of …

Incheon Airport wins top global service award for 10th year
Incheon Airport wins top global service award for 10th year

Incheon International Airport won the top spot in the prestigious Airport Service Quality survey for the 10th consecutive year from 2005, the company said …

Samsung starts production of 14-nanometer mobile chips
Samsung starts production of 14-nanometer mobile chips

Samsung Electronics said Monday it has started mass producing the world’s first 14-nanometer mobile application processor. It hopes the latest chip …

Korea Exchange Bank in emergency mode
Korea Exchange Bank in emergency mode

Korea Exchange Bank is to initiate an emergency management system amid pressure by its sluggish business performance and deadlocked merger with Hana Bank. In …

Harim acquires Pan Ocean
Harim acquires Pan Ocean

Major Korean stockbreeder Harim on Thursday said it has acquired maritime transportation operator Pan Ocean for 1 trillion won ($900 million), aiming to become …

POSCO to sell stake in engineering, construction unit to Saudi fund
POSCO to sell stake in engineering, construction unit to Saudi fund

South Korea’s top steelmaker POSCO will sell part of its stake in its engineering and construction unit to Saudi Arabia’s Public Investment Fund, sources …

Samsung revs up biotech business
Samsung revs up biotech business

Samsung Group is pouring resources to spur its lackluster biotechnology business as its next growth engine. Samsung BioLogics, the group’s pharmaceutical …

[Herald Interview] AERIX eyes China air quality market
[Herald Interview] AERIX eyes China air quality market

AERIX, a leading South Korean solution provider for air pollution control and protection, is stepping up its efforts to enter China as the country is poised to …

Lotte, Shilla face new fight in duty-free business
Lotte, Shilla face new fight in duty-free business

Shinsegae, Korea’s second-largest retailer, and cosmetics-maker Charmzone on Wednesday were selected to run the much-coveted Incheon International Airport …

K-water offers solutions to emerging markets
K-water offers solutions to emerging markets

State-run Korea Water Resources Corp., or K-water, will increase sharing of its water resource management solutions with developing countries, together with …

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