Most Popular
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S. Korea, Singapore seal supply chain agreement
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North Korean troops killed, wounded in Ukraine war: Seoul defense minister
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Korean language teaching expert says demand has outstripped supply
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[KH Explains] Samsung chief says he is still ‘hungry’ for foundry growth
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Conscripting women to lead to 'more babies,' claims military think tank
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Who is pollster roiling politics with claims of government string-pulling?
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Kim Jong-un vows to thwart S. Korea-US 'nuclear alliance'
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Taking away phones during school hours not a human rights violation: watchdog
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Korea launches antidumping probe into Chinese steel
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[Grace Kao] Why K-pop lip-syncing doesn’t bother me
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Energy poverty, environmental sustainability rising as tough challenges
The global energy industry is fast changing with the shale gas revolution in North America and sharp increase in energy demand, particularly in Asia.But a top IEA official stresses that two major long-term challenges facing the world are energy poverty and environmental sustainability.In a written interview with The Korea Herald ahead of the opening of the 2013 World Energy Congress in Daegu, International Energy Agency executive director Maria van der Hoeven also advised natural resource-defici
Oct. 13, 2013
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KEPCO seeks to become global energy powerhouse
I would like to warmly welcome all participants to the 22nd WEC in Daegu, Korea. As host of the Congress, I take this opportunity to briefly introduce Korea Electric Power Corp.State-run KEPCO, Korea’s iconic power company, has driven the nation’s economic growth over its 115-year history. We do our very best at all times to provide a high quality power supply. Currently, we are accomplishing great feats abroad by winning a variety of energy projects, including a nuclear power plant constructio
Oct. 13, 2013
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KOSPO focuses on innovation for efficient coal power plants
The state-run Korea Southern Power Company, or KOSPO, one of the nation’s leading power generators, is carrying out an innovative thermal power project to build the world’s most efficient and greenest coal power plant by 2016.This is part of KOSPO’s ambitious Samcheok Green Power Plant (Complex) Project, which will increase power generation facilities, including renewable projects, up to 5,000 megawatts by 2020. “The thermal power plant will generate a total of 2,000 megawatts of electricity by
Oct. 13, 2013
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Korea Midland Power Co. spearheads overseas expansion
Even for public companies, overseas business is no longer a matter of choice, but survival.At the vanguard of moves abroad is Korea Midland Power Corp., one of the six power generation subsidiaries of the state-run Korea Electric Power Corp. and the first one to make it in the overseas energy market.KOMIPO’s overseas adventure kicked off five years ago with a coal-powered thermal power generation business in Indonesia and continues today to expand further, not only in Asia but the American and A
Oct. 13, 2013
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KOMIPO generating ‘happiness’ beyond power supply
Established in April 2001, after a spinoff from Korea Electric Power Corp. as part of the Korean government’s restructuring of the industry, KOMIPO has achieved steady and remarkable growth, embracing challenges and proving excellence in power plant technology and management capacity. Establishing itself as a thermal power-specialized public company in Korea and beyond, KOMIPO now accounts for 10.1 percent of Korea’s electric power supply through seven business sites, including its Boryeong Ther
Oct. 13, 2013
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KOSEP recycles fly ash into industrial materials
State-run Korea South East Power Company, or KOSEP, one of six power generation subsidiaries of KEPCO, will start this month the construction of its new facility to recycle fly ash from coal into industrial materials, according to the company.The green technology-based facility, expected to be completed in September next year, will recycle the particles of ash produced during combustion to make industrial fillers, fuel for electric generators, raw materials for steel manufacturing and ready-mix
Oct. 13, 2013
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Apple may roll out 12-inch MacBook in 2014: report
U.S-based tech giant Apple is working on a new 12-inch MacBook and 6th generation iPad for releases in 2014, U.S. media reported.Ming-chi Kuo, known for his successful predictions in Apple’s product plans, projected a new ultra-slim clamshell shaped 12-inch MacBook. The new model will combine the merits of MacBook Air and MacBook Pro models. Some speculate Apple might opt for its own A-series chips for the new laptop, but Kuo said the company would likely continue to use Intel chips.The analyst
Oct. 13, 2013
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Robots herald brave new world
Sitting at the console of robotic surgery system da Vinci S at the Robot Training Center of Yonsei University Health System, urologist Rha Koon-ho was performing prostate removal surgery.Peering into a viewer showing a 3-D image of the prostate and managing a controller with each hand, Rha remotely maneuvered tiny robotic arms mounted with surgical scissors and a pincer to cut away the prostate. “Performing robot surgery is now like driving a car or playing a video game,” said Rha after wrapping
Oct. 11, 2013
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HHI wins lucrative LNG carrier order
Hyundai Heavy Industries, the world’s largest shipbuilder, won an $850 million deal to build high value-added liquefied natural gas carriers.The company signed the deal late on Thursday with Malaysia’s state-run energy company Petronas to build four LNG carriers, each of 150,000 cubic meters, officials said on Friday.The mega-sized carriers, unlike conventional “Membrane” type carriers, are so-called “Moss” types, indicating that the hull and the freight sections are built separately. Once compl
Oct. 11, 2013
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LG expands U.S. sales channels with Best Buy
Best Buy CEO Hubert Joly held a meeting with LG electronics executives late last week to discuss expanding sales channels for LG handsets and its new consumer electronics lineups for the next year in the U.S., sources said on Friday.LG Electronics’ head of Home Entertainment Kwon Hee-won and other top officials were among the participants. “The meeting was about the products that will be introduced in the U.S. market next year,” the sources said. Increasing the sales channels for LG’s latest han
Oct. 11, 2013
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[Photo News] Breast cancer awareness
Oct. 11, 2013
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Lawsuits filed against FTC surge in 2012
More South Korean firms filed lawsuits against the country's fair trade watchdog in 2012 from five years earlier, data showed Friday, in an apparent bid to slash imposed fines amid tightening rules.The Fair Trade Commission (FTC) faced 60 rows last year involving its corrective measures levied on local firms, accounting for 13.3 percent of 448 cases of such orders, its report submitted to parliament showed.The number marks a near two-fold growth from the 6.8 percent tallied in 2007, the data als
Oct. 11, 2013
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KT opens ICT-based mentoring platform for teenagers
Telecom KT launched an information communications technology-based mentoring platform on Thursday as part of its corporate social responsibility efforts, the company said Thursday. The company said it would invest 43 billion won ($39 million) in the “Dream School Project” to support the education of some 1 million marginalized teenagers. They are in low-income groups recommended by regional child centers. Exploring their career goals, aptitude and talents, the school will connect the students to
Oct. 10, 2013
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[Photo News] Job fair for foreign firms
Oct. 10, 2013
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Cook Medical armed with tech, experience
Cook Medical is not hesitant about competing with Samsung, which runs medical equipment maker Samsung Medison and hospitals in Korea, believing that smaller companies with firmer roots in the business have a better chance of success than those with no medical business history. “When it comes to Samsung, which is getting into the medical device market, the firm is another competitor. We will adapt and I am very confident about competing (with Samsung) because of our advanced technology and becaus
Oct. 10, 2013
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Hankook Tire to set up plant in Tennessee
ATLANTA (Yonhap News) ― Hankook Tire Co., the world’s seventh-largest tire maker by sales, has decided to set up a plant in the U.S state of Tennessee, a senior U.S. auto industry official said Wednesday.Senior officials of the South Korean tire maker plan to visit the southern state next week to sign a memorandum of understanding with U.S. officials on building the plant near Nashville, the official spoke on condition of anonymity because no official announcement was made.In Seoul, Hankook Tire
Oct. 10, 2013
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Hankook Tire to set up plant in Tennessee
Hankook Tire Co., the world's seventh-largest tire maker by sales, has decided to set up a plant in the U.S state of Tennessee, a senior U.S. auto industry official said Wednesday.Senior officials of the South Korean tire maker plan to visit the southern state next week to sign a memorandum of understanding with U.S. officials on building the plant near Nashville, the official spoke on condition of anonymity because no official announcement was made.In Seoul, a spokeswoman for Hankook Tire said
Oct. 10, 2013
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Sales gap widens among foreign cars
The sales disparity among 23 foreign carmakers in Korea has deepened while the overall import car industry has continued to expand its presence over the past few years.Though import car sales in the local market increased by 21.3 percent in the past nine months on-year, Toyota Motor Corp. reported a 24.8 percent drop over the corresponding period.Toyota Motor CEO Akio Toyoda had vowed to become the champion of sales among foreign automakers in Korea by 2014. The company, however, has yet to be s
Oct. 9, 2013
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Air France kicks off 80th anniversary events
Air France kicked off its 80th anniversary celebrations this week with numerous events for its staff and customers, the company said.The celebration aims to retrace 80 years of creativity and the art of service, as well as stories of design and innovations, it said in a statement.To place its staff at the heart of this anniversary year, the airliner said, the in-house newsletter, radio and intranet are all adopting the Air France colors. Also, in partnership with Airbus, an Airbus A380 with an 8
Oct. 9, 2013
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Samsung plans to catch up on software by acquisition
Samsung Electronics is looking into acquiring start-up firms as the answer to solving its software problems but experts remain skeptical, reported Wall Street Journal on Tuesday. Samsung declined to comment on its acquisition plans, but the WSJ said there were more in the offing, citing a list of prospective candidates for M&A and investment released in February from Samsung’s Media Solution Center. Samsung Electronics is mulling bids for software start-ups in Silicon Valley, especially those re
Oct. 9, 2013