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The Korea Herald

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Korea's GDP per capita to top $40,000 this year, IMF says

Korea's GDP per capita to top $40,000 this year, IMF says

South Korea's gross domestic product per capita is projected to exceed $40,000 for the first time this year, according to the International Monetary Fund, which also sharply lowered its forecasts for

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LG, Apple take on Amazon, Google with AI home devices

LG Electronics is teaming up with Apple to take on Amazon and Google in the smart home market, unveiling seven AI-powered devices that push beyond its traditional appliance business. The Korean electr
Companies

Hyundai bets $15.5b on India as global production hub

NEW DELHI — Hyundai Motor Group is investing $15.5 billion in India over the next seven years, as the Korean auto giant moves to create a major production and export hub in the world's third-largest a
Tech

Kakao bets on AI agents to take it beyond messaging

Kakao on Tuesday unveiled an artificial intelligence assistant for its flagship messaging app KakaoTalk as part of a broader push to transform the service into a platform that can handle everyday task
Companies

Samsung unveils next-gen memory strategy for AI data centers at OCP

Samsung Electronics outlined plans to improve AI data center performance through faster memory, expanded capacity and more efficient storage at the Open Compute Project Global Summit 2026 in San Jose,
Companies

Inside Burger King Korea's 90-minute secret Whopper room

Most visitors to Flameground, Burger King's first global flagship in Seongsu, Seoul, arrive for its exclusive burgers, built on 70 years of flame-grilled heritage. Yet a select few venture deeper, pas
Tech

Samsung SDS buys Woojung Air to bolster global air freight

Samsung SDS has agreed to acquire South Korean air cargo consolidator Woojung Air Consolidation, seeking to strengthen its freight forwarding operations through Incheon Airport. The IT services and lo
Companies

LG Electronics expands US premium appliance push as Signature marks 10 years

LG Electronics is expanding its premium appliance lineup and retail distribution in the United States as its luxury brand LG Signature marks a decade in the market, the company said Sunday. The South
Companies

Hyundai’s 10 million-seller Tucson returns bigger, bolder

Having debuted in 2004, the Tucson achieved 10.53 million global cumulative sales last year, becoming Hyundai Motor’s third model to pass the monumental 10 million mark, after the Elantra and Accent s
Companies

LG CLOiD meets young innovators

LG Electronics is showcasing its robotics ambitions at the 2026 First Global Challenge, an international youth robotics competition running Wednesday through Saturday at Songdo Convensia in Incheon. T
Companies

‘Seeing the unseen’ opens new doors: GBF speakers

The best business ideas often hide in plain sight, from gaps big companies miss to daily hassles people ignore, speakers at this week's Global Business Forum said Wednesday. The 10th edition of the we
Tech

Samsung’s HBM prices tipped to more than double in 2027

Samsung Electronics’ high-bandwidth memory prices are expected to more than double next year as the industry shifts to HBM4 and tight DRAM supply gives memory-makers more room to raise contract prices
Companies

Medicube enters Mexico’s luxury department store market

APR has opened a permanent Medicube store at Mexico’s Palacio de Hierro, becoming the first Korean beauty brand to enter the premium department store chain, the company said Wednesday. The store at th
Companies

Hyundai closes in on Ford in US. Can it pull ahead?

Hyundai Motor Group is closing in on Ford’s position as the third-largest automaker in the US, with strong hybrid sales putting a potential third-place finish on an annual basis within reach. Hyundai
Companies

Musinsa expands Japanese fashion offerings with Korean pop-up

Musinsa will host Japanese fashion platform Zozotown’s first pop-up in Korea this month, bringing 15 Japanese brands to Seoul as the partners expand their cross-border business. The event will run fro
Tech

Samsung set for record W100tr quarterly profit on memory boom

Samsung Electronics is poised to break the 100 trillion won mark in quarterly operating profit for the first time, as booming memory chip sales drive another record quarter. The company is expected to
Companies

Korea’s first homegrown GLP-1: Can Hanmi’s Eppe undercut Mounjaro and Wegovy?

Hanmi Pharmaceutical’s Eppe is poised to challenge Wegovy and Mounjaro in Korea’s fast-growing obesity drug market, with price emerging as a potentially decisive advantage. The homegrown glucagon-like

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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