Most Popular
-
1
Ex-presidential official’s leaked phone call rattles conservative bloc
-
2
Man escapes DUI charges by downing bottle of soju while pulled over
-
3
Pay debate plagues foreign nanny pilot
-
4
K-pop star lip-syncing controversy flares up again
-
5
35% of S. Koreans view unification 'unnecessary'
-
6
Slew of top K-pop stars ready to return from military
-
7
S. Korea, US clinch 2026-30 defense cost-sharing deal in pre-election push
-
8
[Reporter’s Notebook] Was Netflix film opening BIFF really a bad thing?
-
9
N. Korean leader's sister derides Seoul's Hyunmoo-5 missile as 'useless'
-
10
Controversial cult leader’s sentence reduced to 17 years
-
[Photo News] McDonald's Korea sued for undercooked patties
MCDONALD’S KOREA SUED -- A mother named Choi Eun-ju holds a press conference outside the Seoul Central District Prosecutors’ Office in Seocho-gu, Seoul, Wednesday, after filing a suit against McDonald’s Korea claiming that her daughter had contracted hemolytic uremic syndrome after eating a McDonald‘s Happy Meal last September. Her attorney said that the condition is usually contracted after consuming undercooked ground meat, but McDonald’s Korea claims that patties could not be undercooked beca
July 5, 2017
-
Hyundai Heavy calls out union over ‘overblown’ shipping data
Amid tense labor disputes, Hyundai Heavy Industries is speaking out against its labor union, arguing that members are distorting information related to the industry’s business conditions, such as shipbuilding orders and operating profits for the year. The union recently claimed the company received orders for 62 vessels totaling $3.8 billion from January to May, five times more compared to the same period last year, according to the union’s news agency. Given the figures, members of the labor u
July 5, 2017
-
Celltrion, Samsung Bioepis emerge strong in biosimilars market
South Korea’s Celltrion and Samsung Bioepis are strengthening their foothold in the fast-forming market of biosimilars — cheaper, near-replicas of live cell-based biologic drugs whose patents have expired. The two Songdo-based drugmakers have emerged as forerunners in the race for the development and commercialization of biosimilars, set to form a lucrative industry as the patents to some of the world’s most profitable biologic medications developed by big pharma expire.Celltrion inched closer t
July 5, 2017
-
Demand for eco-friendly vehicles high in used car market
The sale of environment friendly vehicles is on the rise in South Korea's used car markets as the government moves to reduce fine dust-emitting diesel vehicles, a local website said Wednesday.Pre-owned car sales data offered by SKencarsales.com back up the trend. It said SK encar.com, a certified Korean used car seller here, reported a 26 percent on-year increase in sales in the January-June period from 5,644 units to 7,107 vehicles in 2017, a SKencarsales.com spokesman said. (Yonhap)SK encarsal
July 5, 2017
-
Korea's mobile shopping hits all-time high in May
Purchases made through mobile gadgets like smartphones reached a new all-time high in May as a growing number of people are becoming adept in using wireless devices for various reasons, government data showed Wednesday.Mobile transactions through smartphones and tablets reached 3.82 trillion won ($3.3 billion) in May, soaring 37.9 percent from a year earlier, according to the data by Statistics Korea. (Yonhap)It eclipsed the earlier record of 3.74 trillion won in monthly mobile trading set in Ma
July 5, 2017
-
Hyundai Heavy inks MOU for marine engine plant in Saudi Arabia
Hyundai Heavy Industries, a major shipyard here, said Wednesday that it has signed a memorandum of understanding with Saudi Aramco and others to build a plant in Saudi Arabia that will make engines used for ships and power generation.The Hyundai Heavy-Aramco consortium will spend US$400 million to set up an engine plant in Ras Al-Khair, eastern Saudi Arabia, by 2019, the company said. This photo, provided by Hyundai Heavy Industries, shows its own developed HiMSEN engine. (Yonhap)Hyundai Heavy e
July 5, 2017
-
Samsung Electronics named top brand in Asia for 6th year
Samsung Electronics said Wednesday the company was named Asia's most popular brand for the sixth consecutive year backed by its successful launch of the Galaxy S8 smartphones.Citing the report released by Campaign Asia-Pacific and Nielsen, the South Korean tech giant said the company was the No. 1 player among Asia's top 1,000 brands. U.S. tech giant Apple was the runner-up, trailed by Japan-based Sony and Switzerland-based Nestle. (Yonhap)Campaign Asia-Pacific said the result came as Samsung co
July 5, 2017
-
LSIS eyes renewable energy generation market
LS Industrial Systems, a South Korean manufacturer of electric and automation equipment, has completed the installation of an energy storage system at its solar power plant in Cheongju, North Chungcheong Province, eyeing a future in renewable energy. The company has started generating electricity from solar panels and supplying power by connecting a 1 megawatt power conditioning system for energy storage use and a battery with 1 megawatt-hour storage capacity to a 2 megawatt photovoltaic system,
July 4, 2017
-
‘Bixby’s English version delayed due to big data issue’
The English version of Samsung Electronics’ voice-assistant service Bixby has been delayed because it needs more accumulation of data, which is key to deep learning technology, according to the company Tuesday.Bixby is Samsung’s much-touted voice assistant service unveiled with much fanfare in May. It aims to control all of the company’s digital devices and home appliances. Bixby is now available only in Korean, although Samsung’s mobile chief, Koh Dong-jin, said in April, “Bixby’s English versi
July 4, 2017
-
Kakao Bank aims to lead online payment market: co-CEOs
Kakao Bank, South Korea's second Internet-only bank, aims to eventually lead the online payment market, by taking advantage of its robust mobile ecosystem, the bank's two co-chief executives said Tuesday.Kakao Bank, led by Kakao, operator of Korea's dominant messaging app KakaoTalk, is set to officially begin its operation later this month. Kakao's consortium includes Korea Investment Holdings, Kookmin Bank, eBay and China's Tencent Holdings. (Yonhap)Although Kakao Bank will focus on expanding o
July 4, 2017
-
Domestic brands challenge rise of imported beer
Domestic beer brands are challenging the dominance of imported beer in the Korean market with new products featuring low prices and light, clean tastes that they hope will stand out against global top brands.Such moves are proving effective, with domestic beer gaining a majority of beer sales in June, at above 50 percent, up from an average of 47.8 percent for the first five months of 2017, according to discount chain E-mart, citing its stores’ statistics.Standing in the lead are domestic powerh
July 4, 2017
-
Samsung BioLogics signs $55.5m deal with India’s Sun Pharma
Samsung BioLogics, the contract drug manufacturing arm of South Korea’s Samsung Group, announced Tuesday that it has signed a long-term manufacturing deal valued at $55.5 million with Indian pharmaceutical giant Sun Pharma. The two companies sealed the partnership during a ceremony at the Samsung BioLogics headquarters in Incheon on Tuesday.Under the deal, Samsung BioLogics will manufacture Sun Pharma’s investigational drug tildrakizumab, an IL-23p19 inhibitor currently under review by US and Eu
July 4, 2017
-
Samsung Biologics inks W64b supply deal
Samsung BioLogics, a biopharmaceutical unit of South Korea's Samsung Group, said Tuesday that it has clinched a contract worth 63.6 billion won ($55 million) to supply for India's leading pharma player, Sun Pharmaceutical Industries.Under the long-term deal, the multinational company has appointed Samsung BioLogics to manufacture Tildrakizumab, an inhibitor for the treatment of moderate to severe psoriasis. (Photo courtesy of Samsung BioLogics) (Yonhap)"This contract is meaningful as Samsung Bi
July 4, 2017
-
[Best Brand] Korea Broach Manufacture eyes more markets abroad
Armed with high-quality high-precision machine products and business know-how, Korea Broach Manufacture has been expanding its presence in the global market, the company said Thursday. In partnership with South Korean conglomerates and midsize firms, KBM has entered markets including China, Mexico, Brazil, Italy, Slovakia and India. And the company wants to expand more. caption: A table lift type NC broaching machine by Korea Broach Manufacture(Korea Broach Manufacture)Such confidence comes fro
July 4, 2017
-
Analysts divided over shipbuilders' further rebound
Stocks of Korean shipyards, led by Hyundai Heavy Industries Co., suffered losses in the past few weeks due to a fall in global oil prices, with analysts remaining divided Tuesday on whether they will build up further gains down the road on the back of a recovery in the sector. Hyundai Heavy traded at 175,000 won (US$152) on the Seoul bourse as of 10:20 a.m., unchanged from the previous session's close, but the quotation marks a drop from its yearly high of 187,500 won. Samsung Heavy Industr
July 4, 2017
-
[Best Brand] Green & Blue Solutions keeps pig farms odor-free
Bad odor is a chronic problem that most pig farms suffer from, as the size of pig farms rapidly grow to meet the rising global demand for pork.Green & Blue Solutions, a local manufacturer of odor eliminators based on bio-enzyme technology, said its signature product Biomagic has greatly reduced smells in many local pig farms.Made from extracts from orange, papaya and lime, Biomagic accelerates bio-reaction against odor-generating gases such as ammonia and hydrogen sulfide, thus reducing more tha
July 4, 2017
-
[Best Brand] Kanuda pillows correct sleeping posture
Local pillow maker Kanuda said its healing pillows can not only help people sleep better but can also correct their posture while they rest.The issue of sleeping better has received focus recently, with reports saying that Koreans were the most sleep-deprived in the Asia-Pacific region.Kanuda, based in Namyangju, Gyeonggi Province, said its functional and therapeutic pillows are health products that can improve the physical alignment of necks and backs.Its products have won recognition at local
July 4, 2017
-
[Best Brand] Shinhan Card launches Asiana mileage card
With the number of South Koreans traveling overseas hitting new record highs each year, the local credit card industry has been rushing to roll out new products to offer frequent overseas travelers more chances to earn air miles. Shinhan Card’s new product, Asiana Shinhan Card Air 1.5, is one such card recently launched to earn air miles through Asiana Airlines.The product accumulates 1.5 mileage points per 1,000 won (88 cents) spent on Asiana flights, among the highest rates offered by local cr
July 4, 2017
-
[Best Brand] ‘TEESCANNER’ guides users to nearest golf course
Golf-loving South Koreans, estimated at over 6 million, according to the Korea Golf Association, have long had trouble booking the best golf course to enjoy a round. Finding the nearest golf course open for reservation, out of 522 across the nation, is often a hassle for players. Moreover, those booking a golf club have to bear the burden of paying deposits for reservations. In April, GOLFZON COUNTY, an operator of five golf courses in South Korea, launched a mobile app that it believes will red
July 4, 2017
-
Samsung start production at Pyeongtaek chip line
Samsung Electronics said Tuesday it has started full-fledged chip production at its Pyeongtaek plant and announced it will continue making more investments to expand its output capacity.The announcement came two years after the South Korean tech giant started the construction project in May 2015. The new Pyeongtaek facility, 70 kilometers south of Seoul, is the biggest of its kind in the country, Samsung added. bird's-eye view of Samsung Electronics Co.'s new chip production line located in Pye
July 4, 2017