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The Korea Herald

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Won weakens sharply to near 1,400 again

Won weakens sharply to near 1,400 again

The Korean won's brief advance into the 1,330s has quickly unwound, with the currency weakening past 1,388 per dollar Monday, losing nearly 50 won to the dollar in less than two weeks as renewed US ti

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EDITOR'S PICKS

Companies

Why Musinsa is taking on Olive Young ahead of its IPO

Musinsa is going up against CJ Olive Young in beauty as it makes its case to investors that the company is worth as much as 10 trillion won ($7.2 billion). The harder sell is to prove that its nonfash
Companies

Samsung breaks ground on FlaktGroup HVAC plant in Gwangju

Samsung Electronics broke ground Monday on a new FlaktGroup heating, ventilation and air-conditioning plant in Gwangju, expanding its capacity to supply cooling systems for artificial intelligence dat
Tech

Volvo ES90 blends sedan poise with SUV practicality

Electric sedans have a packaging problem: Batteries need space, passengers want more of it and neither should come at the expense of the low, elegant profile that defines a sedan. Volvo believes its n
Tech

AI boom gives Samsung pricing power as MLCC supply tightens

The artificial intelligence boom is tightening supplies of multilayer ceramic capacitors, as leading manufacturers shift production toward premium server components and away from mainstream parts used
Companies

Naver-Toss rivalry spills from search into offline payments

Naver and Toss have opened disputes on two fronts, with Naver seeking a police investigation into Toss’ reward-based search campaigns and Toss preparing an antitrust complaint over access to Naver’s m
Tech

Samsung’s foldable lead faces the Apple test

Samsung Electronics has spent seven years developing the Galaxy Z Fold from an experimental device into one of the world’s best-known foldable smartphones. Next month, for the first time, it will face
Companies

Korean Air wins antitrust approval for W4tr mileage merger

South Korea’s antitrust regulator approved Korean Air’s plan to merge its frequent-flyer program with Asiana Airlines’ on Tuesday, clearing the last major hurdle before the carriers become a single le
Companies

Samsung SDS becomes Anthropic’s first Korean Select partner

Samsung SDS has become the first Korean company to attain Select Tier status in Anthropic’s Claude Partner Network, strengthening its ability to help businesses deploy and operate the generative AI pl
Companies

K-coffee chains take second US shot on K-culture wave

American coffee giants, Starbucks chief among them, have long held court in South Korea's cafe scene, but Korean brands have yet to claim similar ground stateside. At a high tide of global interest in
Tech

Samsung Display pushes mobile OLED to 2K at 165Hz

Samsung Display has pushed smartphone OLED performance to a new threshold, developing what it says is the world’s first 6.9-inch panel to combine 2K resolution with a 165-hertz refresh rate while cons
Companies

Musinsa’s first beauty flagship gets a pharmacy twist

Musinsa built its name by spotting fashion trends early. Its latest beauty bet takes it somewhere more clinical — and into more direct competition with Korea’s dominant beauty retailer, CJ Olive Young
Companies

Lotte, KAIST open joint research center

Lotte Group and KAIST have jointly opened a new research and development center, bolstering their industry-to-academia ties while ramping up capabilities for securing next-generation technology. Accor
Companies

Samsung welcomes Apple to the fold with playful jabs

Samsung Electronics greeted Apple’s long-awaited entry into foldable smartphones with a playful publicity campaign highlighting the Korean company’s seven-year head start in the category. Minutes afte
Companies

Korean Air takes free, high-speed Wi-Fi to the skies

Korean Air said Friday it will begin offering free high-speed internet via SpaceX's Starlink satellite system, becoming the first full-service carrier in East Asia to adopt the low-orbit network. Star
Tech

Why Apple’s first foldable may be its most Korea-dependent iPhone yet

Apple spent years waiting for foldable phones to become good enough for an iPhone. When it finally moved, however, it reportedly put the part that makes the phone fold in the hands of a single supplie
Tech

Dyson makes oral care debut with AI toothbrush

Dyson has entered South Korea’s oral care market with CameraJet, an AI-powered toothbrush that uses a built-in camera and targeted liquid jet to combine brushing and interdental cleaning in one device

Herald Corporation |CEO : Choi Jin-Young |Huam-ro 4-gil 10, Yongsan-gu, Seoul, Korea |Title : The Investor |Date of registration : 2016.06.21 |Date of issue : 2016.06.21
Publisher. Editor : Choi Jin-Young |Chief Privacy Officer & Juvenile Protection Manager : Choi He-suk |T +82-2-727-0021 |E investor@heraldcorp.com

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