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Samsung to pay largest incentives for subcontractorsTechnologyJan 21, 2020Samsung Electronics said Tuesday it plans to give its chipmaking subcontractors a bonanza during the Lunar New Year holidays -- the biggest bonus since 2010 -- for their performance last year. The S... -
LG Hausys expands foothold in North American marketIndustryJan 21, 2020LG Hausys is increasing its presence in North America by operating its third engineered stone production line at a plant there. The South Korean construction and interior materials company is also i... -
SK Broadband-T-broad merger gets green lightIndustryJan 21, 2020South Korea’s ICT Ministry on Tuesday gave its thumbs up to the merger of SK Broadband and T-broad, the second-largest cable TV operator here. The ministry has also listed conditions aimed at minimi... -
SK Telecom, Microsoft to expand cloud gaming service in KoreaTechnologyJan 21, 2020SK Telecom said Tuesday it has reached a deal with Microsoft to expand the service of 5G-based cloud gaming platform Project xCloud here. The two firms hope to increase the number of games available... -
Samsung, LG to introduce new kitchen appliances at US trade showIndustryJan 21, 2020South Korea's two tech giants -- Samsung Electronics Co. and LG Electronics Inc. -- said Tuesday they will unveil their new home appliance products at a US trade show for the kitchen and bath market,... -
Hyundai Merchant targets 25% sales increase in 2020IndustryJan 21, 2020Hyundai Merchant Marine Co., South Korea's biggest shipping company by sales, said Tuesday it aims for a 25 percent rise in its 2020 sales on the back of increased cargo-shipping demand. Hyundai Mer... -
LG Electronics launches wireless earbuds in USIndustryJan 21, 2020LG Electronics Inc., a major South Korean electronics maker, said Tuesday it has launched its premium wireless earphones in the United States to expand global sales. The LG TONE Free HBS-FL7, Blueto... -
S. Korea to invest W1.2tr in R&D projects for medical instrumentsIndustryJan 21, 2020South Korea said Tuesday it will invest 1.2 trillion won ($1 billion) in research and developmentn projects for medical instruments over the next six years to foster the area as one of the new growth... -
Mahindra says W500b required for SsangYong turnaround by 2022: sourcesTransportJan 21, 2020Indian carmaker Mahindra & Mahindra Ltd. is considering a capital injection of 500 billion won ($430 million) for its South Korean unit, SsangYong Motor Co., by 2022 to secure its turnaround, industr... -
Renault Samsung union back to table for wage negotiationsIndustryJan 21, 2020Renault Samsung Motors Corp.'s union on Tuesday suspended partial strikes to resume negotiations with the company over wages for the year of 2019. Renault Samsung workers have staged partial strikes... -
Samsung promotes 162 execs as follow-up to leadership reshuffleIndustryJan 21, 2020Samsung Electronics Co. on Tuesday announced the promotion of executives in a follow-up to the recent reshuffle of its major business heads. Samsung said 162 executives earned promotions in the annu... -
![[Graphic News] Samsung ranks No. 3 in global wireless headset shipments in 2019](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=649&simg=/content/image/2020/01/20/20200120000748_0.jpg)
[Graphic News] Samsung ranks No. 3 in global wireless headset shipments in 2019TechnologyJan 20, 2020Samsung Electronics ranked third in global wireless headset shipments last year, industry data showed, though it trailed far behind its rival Apple. Samsung shipped 7.4 million totally wireless he... -
KT develops 5G-powered medical serviceIndustryJan 20, 2020KT Corp., South Korea's major telecommunications firm, said Monday it has developed a 5G-powered medical service with a Seoul hospital to provide better patient care. KT said it built a 5G network a... -
KCC conditionally approves SK Broadband, T-broad mergerIndustryJan 20, 2020The Korea Communications Commission on Monday conditionally approved a merger between SK Telecom’s pay TV unit, SK Broadband, and T-broad, the country’s No. 2 cable TV operator. After its meeting on... -
CheongKwanJang collaborates with Spain’s VicensIndustryJan 20, 2020Red ginseng health supplement brand CheongKwanJang of Korea Ginseng Corp. said Monday it has collaborated with Spain’s renowned chocolate and nougat brand Vicens. The products, released last month, ...
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