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Recovery of memory chip market likely to be delayed to next year

Forecasts for the global memory chip market are growing more pessimistic, as a rebound in prices is not likely to happen until next year amid tension between the United States and China’s Huawei Tech...

Jun 20, 2019
Technology
Hyundai, Kia top J.D. Power's annual quality survey

South Korean carmakers Hyundai Motor and Kia Motors said Thursday they have garnered the three highest marks in J.D. Power’s annual automotive quality survey. The companies said they expected the ac...

Jun 20, 2019
Economy
Hyundai Glovis establishes transport subsidiary in US

Hyundai Glovis, a supply chain management and logistics arm of Hyundai Motor Group, said Thursday it has established a subsidiary company for cargo transportation business in the United States. The ...

Jun 20, 2019
Industry
Daesung hosts microbes forum to promote bio-economy

South Korean energy conglomerate Daesung Group hosted its third annual forum on microbes Thursday in Seoul, with the theme “Lab to Industry for Bioeconomy.” Attended by around 150 participants, the ...

Jun 20, 2019
Industry
Koreans drinking more Chinese beer

South Korean consumer preference for imported beer is changing, with Chinese beer gaining popularity, industry data showed Thursday. An analysis of sales of imported beer in Korea over five years, b...

Jun 20, 2019
Industry
BOK chief signals rate cut on US Fed meeting results

Mere hours after the US Federal Reserve hinted at an interest rate cut, Bank of Korea Gov. Lee Ju-yeol said Thursday that South Korea would take apt measures to deal with economic shifts, hinting at ...

Jun 20, 2019
Finance
[News Focus] Korea’s 2019 growth may fall to 10-year low

SEJONG -- Two major economic indices under the Moon Jae-in administration have plumbed to new lows since the nation was hit by the 2008-09 global financial crisis. Those are the growth of gross dome...

Jun 20, 2019
Economy
Hyosung chairman meets Vietnam’s deputy prime minister

Hyosung Group Chairman Cho Hyun-joon met with Vietnam’s Deputy Prime Minister Vuong Dinh Hue on Wednesday during the latter’s visit to Seoul to discuss collaborative growth measures, Hyosung said Thu...

Jun 20, 2019
Industry
Kumho Tire aims for turnaround in China with Majesty9

Kumho Tire has introduced its premium brand Majesty9 in Nanjing, China, for local dealers, the company said Thursday. With the launch of the latest premium products, the company said it anticipates ...

Jun 20, 2019
Industry
7-Eleven signs MOU for EV charging stations

Convenience store chain 7-Eleven said Thursday it has has signed a memorandum of understanding with Korea Electric Vehicle Charging Service. Under the MOU, 7-Eleven will collaborate in installing EV...

Jun 20, 2019
Industry
[From the Scene] Hamburg on mission to digitalize urban mobility

From roads to harbor, Germany’s 2nd-largest city tests future mobility, faces challenge for quality of life

Jun 19, 2019
Automode
SKT launches app for parking lots using Tmap

South Korea’s biggest mobile carrier SK Telecom launched Wednesday a smartphone application aimed at helping address the chronic problem of parking space shortage. The company said it has released...

Jun 19, 2019
Technology
South Korean government, telecom firms unveil 7-year 5G growth plans

Korea aims to secure 20 percent 5G network equipment market by 2026

Jun 19, 2019
Technology
S. Korea’s largest bills dominate cash market: BOK

50,000 won bills increase presence in market, both in value and in volume

Jun 19, 2019
Economy
South Korea to map out AI strategy this year, build 2,000 AI-based factories by 2030

Government to inject 8.4 trillion won in non-memory chips, future mobility and bio

Jun 19, 2019
Economy

The Korea Herald by Herald Corporation

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Publisher. Editor : Kwon Chung-won
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