Most Popular
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Military aircraft evacuating S. Koreans in Lebanon returns home
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Seoul Fireworks Festival ends smoothly, but leaves piles of trash
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Yoon set for talks with Marcos in Philippines
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[AtoZ into Korean mind] The price of numbers: How rankings shape lives in Korea
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Baseball star Hwang Jae-gyun, T-ara's Jiyeon file for divorce mediation
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Can Jennie break the K-pop solo artist slump?
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2 US B-1B bombers conducted joint drill with S. Korean Air Force on Oct. 1 Armed Force Day
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[Exclusive] Korea’s defense acquisition agency fails to meet legal standard for women representation
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Firefighters’ 3,000 won meals spark nutrition concerns
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From thrillers to animation: Netflix's 2025 Korean originals promise universal fun, fresh stories
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[From the Scene] Disabled gamers give G-Star thumbs up
BUSAN – Gaming’s power for social inclusivity was one of the many things on show at the the 15th annual game expo G-Star 2019 in Busan last week, with visitors with physical disabilities experiencing improved access. Among the crowd at the city’s Bexco center were visitors in wheelchairs watching live e-sports. “This is my third year coming to G-Star. I’m enjoying the event without encountering any major issues,” said 29-year-old Lee Shim-hoon, who has a first
Nov. 17, 2019
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[Contribution] Green future carved by Korea, ASEAN
What a gathering indeed. On one lucidly red and yellow-tinged autumn day, ministerial-level forestry officials of Korea and 10 ASEAN members gathered in Seoul to discuss ways forward for their reciprocal forest cooperation. The high-level meeting on forestry held on Oct. 31, prior to the 2019 ASEAN-ROK Commemorative Summit and the 1st Mekong-ROK Summit, was an auspicious occasion under the theme “Our Forests for Prosperity and Peace.” South Korean President Moon Jae-in added weight t
Nov. 17, 2019
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‘Multilateral trade system on the cusp of major change’
The global trade paradigm is shifting with the multilateral trade system supported by the World Trade Organization about to be replaced by a new system involving overlapping trade deals of regions and sectors, according to a new report of the Korea International Trade Association on Sunday.“The multilateral trade system -- in which 164 countries follow a unified trade order through the WTO -- has steadily been weakening,” said Je Hyun-jung, a senior researcher at KITA. “If
Nov. 17, 2019
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Korean Air flight delayed after collision at Frankfurt Airport
Korean Air flight KE 905 collided with another plane on the taxiway in Frankfurt, Germany, on Saturday, delaying the subsequent flight bound for Incheon, the air carrier said Sunday. The incident involving the flight that departed from Incheon occurred Saturday at 6:20 p.m. (local time). While waiting on the taxiway after landing at Frankfurt Airport, the airplane’s horizontal stabilizer located at its right wing crashed into the end of an Air Namibia’s plane left wing.According
Nov. 17, 2019
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Samsung Electronics' first labor union under umbrella group sets sail
Samsung Electronics Co.'s first labor union under a major South Korean umbrella union group set sail Saturday.The union, under the Federation of Korean Trade Unions (FKTU), submitted a labor union establishment application to the government Monday and earned the approval two days later. The union did not unveil the number of its members, but it is known to hover around 500. The union said its first goal is to recruit 10,000 members and that it plans to demand negotiations to the company on
Nov. 16, 2019
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US trade body likely to rule against Hanwha Q Cells in patent case; panel maker to ‘appeal immediately’
South Korean solar panel manufacturer Hanwha Q Cells received a preliminary notice from the US International Trade Commission indicating that the US body regards as unfounded the company’s patent infringement complaints against other foreign solar energy companies, the firm confirmed Friday. The USITC is set to announce an official ruling in about two weeks. Hanwha said it would “appeal immediately” if the decision were to be finalized. The reasoning behind the USITC’s pr
Nov. 15, 2019
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CJ ENM, Walt Disney neck-and-neck at S. Korean box office
Two film distributing powerhouses, CJ ENM and Walt Disney Company Korea, were neck-and-neck at the South Korean box office in the first 10 months of this year, data showed Friday.In January to October, CJ ENM, an entertainment unit of CJ Group, distributed 13 films, garnering 45.4 million admissions and taking up 24.5 percent of the total tickets sold.Walt Disney Company Korea, the local unit of the U.S.-based media titan, also managed 13 movies, which attracted 45.2 million moviegoers with a ma
Nov. 15, 2019
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Samsung's smartphone share in Japan nearly triples in Q3
Samsung Electronics Co.'s share in the Japanese smartphone market nearly tripled in the third quarter from a year earlier thanks to robust sales of new models, industry data showed Monday. The Korean tech giant shipped about 500,000 smartphones in Japan in the July-September period to take up 6.7 percent of the country's smartphone market, according to the data compiled by Strategy Analytics. The third-quarter figure was sharply up from 2.4 percent from a year ago, while slipping from the
Nov. 15, 2019
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G-Star 2019 sees record attendance from 36 countries
BUSAN -- Korea’s annual game exhibition G-Star 2019 kicked off Thursday with a record number of participants at Bexco in Busan.The event had 3,208 booths representing 691 companies from 36 countries, the biggest so far for the 15-year-old industry showcase and an 8.2 percent growth from a year earlier, the organizers said. G-Star runs through Sunday, at two halls respectively holding business-to-consumer and business-to-business booths.On the sidelines of the exhibit are G-Con game co
Nov. 14, 2019
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Icelandic game company CEO says he prepared for Korean market for 20 years
BUSAN -- Icelandic game company CCP’s CEO Hilmar Petursson said at G-Star 2019 on Thursday that the launch of the Korean-language version of Eve Online was a 20-year dream come true. CCP, acquired in 2018 by South Korean game company Pearl Abyss, officially launched the game in Korea concurrently with the opening of the annual game exhibition here.“It’s a proud moment for all of us and especially for me, because I have been preparing for this moment for 20 years,” Peturss
Nov. 14, 2019
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S. Korea to increase budgetary support for display sector amid trade row with Japan
South Korea's industry minister said Thursday that the government will increase its budget to support the local display-making sector next year in a move to keep the country's leading position in the key industrial segment.Sung Yun-mo, minister of trade, industry and energy, said the budget hike is meant, among other things, to support the development of next-generation technologies and their performance evaluation of smaller display manufacturers. He did not provide details on the proposed budg
Nov. 14, 2019
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[Herald Interview] ‘Korea should expedite knowledge-based assets development’
Amid the tough business environment and deteriorating trade situation following worldwide conflicts, South Korea should expedite the development of knowledge-based assets and increase independence in related technologies to compete globally, according to the intellectual property office chief. “Advanced countries have been bolstering their industry dominance based on knowledge-based assets. Especially, a growing number of foreign companies have been preoccupying patents that are close
Nov. 14, 2019
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[News Focus] Concerns mount over 52-hour workweek at SMEs
Pressure is mounting on the Moon Jae-in administration and the National Assembly to tweak the mandatory 52-hour workweek regulation for companies, especially by small and medium-sized companies which are “not yet ready” to embrace it. From January next year, companies with less than 300 employees will have to abide by the new workweek regulation. Large firms with more than 300 workers have been following the rule since July 2018. If a company violates it, the employer can face up to
Nov. 14, 2019
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Naver says Japanese affiliate Line in talks for merger with Yahoo Japan
Naver Corp., South Korea's No. 1 internet portal, said Thursday that its Japanese chat app Line and internet portal Yahoo Japan have been in talks for a potential merger in a move that could form Japan's largest internet platform.Naver, which holds a 73 percent stake in Line, said it and Japanese telecom giant Softbank, which owns 45 percent of Yahoo's parent company Z Holdings, have been discussing a merger deal."Line has been considering various proposals to boost business competitiveness
Nov. 14, 2019
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LG Chem seeks USITC’s default judgement against SK Innovation
In the latest development of dispute between two South Korean battery makers, LG Chem said Thursday it had requested court intervention by the US International Trade Commission, alleging that SK Innovation attempted to destroy key evidence.“Circumstances show that SK Innovation, ever since it has filed suit, has continued systematic attempts to destroy evidence, such as sending out email instructions to employees to destroy related evidence,” LG Chem said in a statement.The company s
Nov. 14, 2019
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Moon calls for 'K-beauty' strategy in biotech innovation project
President Moon Jae-in instructed his economy team Thursday to explore ways to develop South Korea's cosmetics industry in connection with the initiative to innovate the biotechnology sector, according to his office.Moon told Finance Minister Hong Nam-ki to map out related measures, receiving a regular report on economic affairs and policies. Hong doubles as deputy prime minister for economy. The minister briefed Moon on current economic situations, next year's policy direction and accompli
Nov. 14, 2019
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Luxury lifestyle retailer Conran Shop lands in Korea
Leading luxury retailer of furniture and home accessories Conran Shop announced Thursday the launch of its first outlet in upscale Gangnam District, southern Seoul.In a 10-year partnership with local retail giant Lotte Shopping, the London-based retailer of more than 300 designer brands will offer a unique curation of design classics and future icons. Korea’s lifestyle market has grown nearly 70 percent in in the past decade -- from 7 trillion won ($6 billion) in 2008 to 12 trillion won in
Nov. 14, 2019
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Samsung BioLogics becomes first CMO to obtain ISO 27001
Samsung BioLogics said Thursday it has become the first CMO company globally to obtain ISO 27001 certification from the Geneva-based International Organization for Standardization.ISO 27001 is the most prestigious international standards certification in information security. It acknowledges the local biopharma firm to be the “World’s Best CDMO Company,” and will help boost trust between global partners, the company said. To obtain the certification, Samsung BioLogics had
Nov. 14, 2019
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Image sensor market to post record sales in 2019: report
Global sales of an image sensor used in smartphones and digital cameras are expected to hit a record high this year, emerging as a bright spot in the stagnant chip sector, a report showed Thursday.The market for complementary metal oxide semiconductor sensors is forecast to reach $16.8 billion in 2019, up 19 percent from a year earlier, according to market researcher IC Insights. The latest growth rate is sharply up from its August prediction of a 9 percent rise for this year. The explosive grow
Nov. 14, 2019
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Culture minister says gaming is not disease, vows law revision in 2020
BUSAN – Korea’s culture minister vowed to make revisions to the decade-long game industry law to help revitalize the gaming industry, Wednesday, saying that he disagrees with viewing it as a disease.“Gaming is not a disease but a leisure activity. Cultural contents not only enrich our lives but also serve as growth engines for our future.” said Culture Minister Park Yang-woo at the 2019 Korea Game Awards held in Busan. He was referring to the World Health Organizati
Nov. 13, 2019