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The Korea Herald

MOBILE

Samsung launches Galaxy S25 worldwide

Samsung launches Galaxy S25 worldwide

Samsung Electronics on Friday released its latest flagship model Galaxy S25 series in major markets, starting with South Korea, the US, the UK, India and Thailand. The firm said the devices would even

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Companies

Doosan Skoda Power fetches $1m valuation in Czech market debut

Doosan Skoda Power, the turbine subsidiary of nuclear power plant developer Doosan Enerbility, has become the first Korean power equipment company to debut on the Czech stock market. The offering pric
Tech

Samsung to donate $1 million in electronics for LA wildfire relief

Samsung Electronic on Friday said it pledged to donate $1 million worth of electronic products to support relief efforts in Los Angeles, where destructive wildfires throughout January left thousands o
Companies

Mirae Asset Securities posts 170% jump in net profit on robust overseas growth

Korea’s leading brokerage house Mirae Asset Securities boosted net profit by nearly 170 percent and saw its net capital rising to the highest figure among local peers, as its overseas business gained
Companies

Hyundai Motor halts Ioniq 5, Kona EV production for 5 days

Hyundai Motor is set to temporarily shut down production of the Ioniq 5 -- its flagship electric vehicle model -- and the Kona EV at its Ulsan auto manufacturing site later this month, amid a continue
Tech

Naver chief hails DeepSeek shaking up competitive AI landscape

Naver CEO Choi Soo-yeon has lauded the emergence of Chinese artificial intelligence service DeepSeek, calling it an “innovative milestone” that proves how latecomers can challenge industry leaders wit
Markets

New bourse operator to usher in 12-hour stock trading sessions from March

Nextrade eyes 10 percent market share in three years The South Korean stock market will welcome a new bourse operator for the first time in nearly 70 years, as alternative trading system Nextrade is s
Companies

R.Lux names Kim Go-eun as first brand ambassador

R.Lux, the luxury beauty service under e-commerce giant Coupang, has named actress Kim Go-eun as its first brand ambassador, the company announced Friday, expanding its presence in the high-end beauty
Tech

Korea's ministries, businesses block DeepSeek over security concerns

Weekly users of DeepSeek surpass 1.2 million in Korea, compared to 4.93 million for ChatGPT Government agencies and major companies in South Korea are rushing to block access to Chinese artificial int
Companies

Volvo slashes EX30 EV prices ahead of Korean debut

Swedish automaker Volvo has made its electric sport utility vehicle, the EX30, more affordable as it prepares to enter the Korean market for the second time following a year-long delay. Volvo’s smalle
Companies

East Sea oil, gas reserve 'lacks economic feasibility'

The South Korean government has determined that one of the potential oil and gas prospects under exploration in the East Sea lacks economic feasibility, the Industry Ministry said Thursday, reporting
Companies

Why can't Korean battery makers ditch loss-making Chinese factories?

China remains crucial supply chain for key materials, strategic hub for emerging markets Amid an escalating trade war between Washington and Beijing, Korean battery manufacturers are struggling with s
Markets

Fitch maintains Korea's sovereign credit rating at 'AA-'

Global ratings agency Fitch has decided to keep Korea’s long-term sovereign credit rating at "AA-," the company's fourth-highest level, with a stable outlook, citing the strength of the country's econ
Companies

Despite strong 2024, Shinhan Financial’s profit dips in Q4

Shinhan Financial Group, one of South Korea’s top four financial service providers, reported a sharp decline in profit in the last three months of 2024 on Thursday, citing increased expenses from trad
Companies

Use of facial recognition grows in Korean finance, with Toss in lead

Facial recognition is gaining traction in South Korea’s finance sector, with fintech giant Toss at the forefront of efforts to bolster security amid the rise of mobile finance. Viva Republica, operato
Companies

Top hotel chains eye Hilton Seoul redevelopment

Major hotel franchises are vying to operate a new hotel to be launched as part of the Millennium Hilton Seoul redevelopment project, betting on the site’s lucrative potential. While the redevelopment
Tech

LG CNS posts record profit in 2024

Korean IT solutions provider LG CNS said Thursday it achieved record-high yearly sales of 5.9 trillion won ($4.07 billion) in 2024, backed by robust sales in cloud and artificial intelligence business

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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