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The Korea Herald

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Korean automakers shift gears to H2 sales growth as wage talks wrap up

Korean automakers shift gears to H2 sales growth as wage talks wrap up

South Korea’s five major automakers are on track to finalize their annual wage talks as soon as Monday, freeing them up to concentrate on expanding sales in the second half amid mounting pressure from

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Chipotle bets on Korea for first bite of Asia

Three decades after a single burrito shop in Denver opened on the idea that food has the power to change the world, Chipotle Mexican Grill will carry that ethos into its very first Asian store in Gang
Tech

Samsung vs. LG battle for AI cooling heats up

Samsung Electronics and LG Electronics are scaling up their data-center cooling businesses as power-hungry AI chips turn heat management into a critical infrastructure bottleneck. Data centers have tr
Companies

Musinsa posts record earnings on offline, global expansion

Musinsa said Monday it has posted record first-half earnings with 821.7 billion won ($598.4 million) in consolidated sales, up 22 percent from the same period last year, as the Korean fashion retailer
Companies

One purchase every 0.9 second: Olive Young foreign sales top W1tr

CJ Olive Young saw 1 trillion won ($727 million) in annual foreign sales through August, putting it three months ahead of last year's pace, as tourists spread purchases past Seoul and across the count
Companies

Samsung, SK hynix tax payments surge 167% on chip boom

Samsung Electronics and SK hynix paid a combined 11.21 trillion won ($7.99 billion) in corporate taxes in the first half, up 167 percent from a year earlier, as the AI-driven chip boom translated into
Companies

SK Chemicals eyes European can-coating market

SK Chemicals is positioning its polyester resin business to capture new opportunities in Europe’s can-coating market as tighter restrictions on bisphenol A take effect in the European Union. The new r
Companies

AREX upgrades Seoul Station City Airport Terminal for passenger convenience

Airport Railroad (AREX) said Friday it had completed renovations at the City Airport Terminal at Seoul Station to accommodate growing demand for convenient check-in experience. The facility enables tr
Companies

Cosmax joins launch of Indonesia’s first cosmetics science program

Cosmax, a global cosmetics original development and manufacturing company, said Friday that it is joining the launch of Indonesia’s first undergraduate program dedicated to cosmetics. The company will
Companies

Musinsa takes Japan momentum into China, Southeast Asia

Musinsa is accelerating its expansion into China and Southeast Asia, building on rapid growth in Japan. Transaction volume through Musinsa’s Global Store in Japan surpassed last year’s full-year total
Companies

Hyundai Mobis presents 40 smart manufacturing technologies at M-Sphere 2026

Hyundai Mobis showcased around 40 smart manufacturing technologies at its M-Sphere 2026 exhibition, demonstrating how artificial intelligence, robotics and digital twins are being used in the producti
Companies

BMW Korea expands customer benefits to defend market lead

BMW Korea is expanding financing incentives, membership benefits and after-sales services to lower the cost of purchasing and owning its vehicles. Customers purchasing a 7 Series through BMW Smart Lea
Tech

LG CNS enters liquid cooling market with Naver Cloud

LG CNS is entering the liquid cooling business with Naver Cloud, starting with a direct-to-chip cooling system at the Samsong data center in Goyang, Gyeonggi Province, the company said Wednesday. LG C
Companies

Lee seeks progress on mega projects in talks with chaebol chiefs

South Korean President Lee Jae Myung is expected to continue discussions with the country’s top business leaders this week as his government pushes to turn pledges into projects on the ground. Lee is
Companies

Maxim T.O.P gets new look, expands coffee lineup

Dongsuh Food has renewed the packaging of its ready-to-drink coffee brand Maxim T.O.P and expanded the lineup with new products as competition in Korea’s RTD coffee market continues. Maxim T.O.P is ma
Companies

Coway expands B2B push with tailored appliance care

Coway is expanding its business-to-business operations with customized product recommendations, installation and maintenance services. The home appliance rental company is targeting growing demand fro
Companies

Ferrari’s first EV Luce makes Korea debut with Samsung OLED cockpit

Italian carmaker Ferrari unveiled its first electric sports car, the Ferrari Luce, in South Korea on Monday, highlighting the model’s high-performance electric powertrain and advanced display technolo

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
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