Articles by Choi He-suk
Choi He-suk
cheesuk@heraldcorp.com-
STX’s Finnish subsidiary wins $420m order
STX Group announced Friday that its European subsidiary signed a $420 million contract to build to well intervention vessels for Norway’s Eide Marine Services AS.A well intervention vessel is a ship designed to carry out works related to underwater oil and gas wells ranging from pre-drilling surveys
Industry Sept. 9, 2011
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LG enters launderette market
LG Electronics on Thursday opened a self-service laundry in New York equipped with only its products as it pushes to expand business-to-business sales in the United States.The self-service laundry will be operated by Coinmach Corp., the largest laundry service in the U.S. According to LG Electronics
Industry Sept. 9, 2011
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Daewoo Shipbuilding to employ, train high school graduates
Daewoo Shipbuilding and Marine Engineering Co. announced Thursday it will set up an institute for training high school graduates.The company said that the institution, which will be headed by the company’s chief technology officer Lee Yeong-man, will put high school graduates through a four-year tra
Industry Sept. 8, 2011
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SK E&C ships world’s largest crude column
The crude column produced by SK Engineering and Construction Co. sits on board the Dutch ship that will carry it to the United Arab Emirates at an Ulsan port on Wednesday. (SK E&C)SK Engineering and Construction Co. announced Thursday that it shipped the largest ever crude column to the United Arab
Industry Sept. 8, 2011
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New rules to prop up small SI firms
Korea considers banning corporate affiliates from public projectsThe government is considering banning system integration companies affiliated with conglomerates from competing for public sector SI projects for fear of stamping out the smaller players, the Ministry of Knowledge Economy said on Thurs
Industry Sept. 8, 2011
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Actions speak louder than words in nation-branding
Following is the first in a series of interviews with world’s top designers and scholars who will participate in the Herald Design Forum in Seoul from Oct. 5 to Oct. 6. ― Ed.Korea must seek to improve its image through actions, and not words, nation-branding specialist Simon Anholt says. Anholt, who
Industry Sept. 7, 2011
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Preparations in full gear for iDEA Herald Design Forum
Global forum will be held Oct. 5-6 with participating global companies, designers and studentsWith less than a month to go, organizers have begun preparing in earnest for the iDEA Herald Design Forum to ensure the successful hosting of the first forum of its kind in Korea to open in Seoul on Oct. 5.
Industry Sept. 7, 2011
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SKC launches LED making subsidiary
The industrial materials maker SKC launched SKC Lighting, a light-emitting diode maker, on Wednesday.The new subsidiary was formed by merging the LED makers Sumray Corp. and Dooyoung.SKC entered the LED market by acquiring Sumray in January 2010, and acquired Dooyoung in April.At the launch ceremony
Industry Sept. 7, 2011
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14,400 bottles of wine as a gift to shipbuilder
Hyundai Samho Heavy Industries’ employees hold glasses of wine in front of the ship being built for the German shipping firm Peter Doehle in Yeongam, South Jeolla Province, on Wednesday. (Hyundai Samho Heavy Industries Co.)Hyundai Samho Heavy Industries Co. received 14,400 bottles of wine from a Ger
Industry Sept. 7, 2011
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SK Networks may sell school uniform business
SK Networks is seeking a buyer to take over its uniform business, local media reported Tuesday.According to reports citing an unidentified SK Networks official, the company is looking for a buyer, and a number of potential buyers conducted preliminary due diligence on the matter last week.The compan
Industry Sept. 6, 2011
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Small car sales rise to year high on economic worries
Small automobile sales rose to a year high in August boosted by rising fuel prices and concerns for a new worldwide economic downturn.According to industry data, 38,698 small vehicles were sold on the local market in August, accounting for 53.5 percent of passenger car sales. Small automobiles are d
Industry Sept. 5, 2011
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Gender inequality remains prevalent in Korean workplaces
Women’s standing in Korean society has seen significant improvement over the decades, but inequality remains in the workplace.According to a report by the Organization for Economic Cooperation and Development, while Korea ranks third among member countries in terms of the proportion of women with un
Industry Sept. 4, 2011
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Hyundai tops profit ranks in H1
Hyundai Motor Group’s first half net profit overtook that of Samsung Group for the first time, aided by rising automobile sales and difficulties faced by Japanese carmakers, data showed Sunday.According to the Korea Exchange and the Korea Listed Companies Association, the combined net profit of Hyun
Industry Sept. 4, 2011
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Former diplomat to lead Korea Foundation for Advanced Studies
Former representative of Korea to the United Nations Park In-kook will take the helm at the Korea Foundation for Advanced Studies, SK Group announced Sunday.Park will begin his term as the Korea Foundation for Advanced Studies’ secretary general from Monday. Park In-kookFounded in 1974 by former SK
People Sept. 4, 2011
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POSCO sponsors second multicultural wedding
Six multicultural couples with financial difficulties were married in a joint ceremony sponsored by the steelmaker and Gangnam-gu office on Thursday.The couples were selected from the 1,010 multicultural families living in Gangnam-gu who are married but have not been able to hold a wedding ceremony
Industry Sept. 1, 2011
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Dongduk Women’s University halts coeducation talks
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OpenAI in talks with Samsung to power AI features, report says
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Two jailed for forcing disabled teens into prostitution
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South Korean military plans to launch new division for future warfare
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Gold bars and cash bundles; authorities confiscate millions from tax dodgers
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Teen smoking, drinking decline, while mental health, dietary habits worsen
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Kia EV9 GT marks world debut at LA Motor Show
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North Korean leader ‘convinced’ dialogue won’t change US hostility