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Gentle Monster’s global standing is hardly in doubt. Its recent campaigns feature Tilda Swinton, Japanese actor Kentaro Sakaguchi and Stray Kids’ Felix. It has released collaborations with Prada and Maison Margiela, to name a few, and crossed into wearables with Google and Samsung Electronics. With its success came a Korean eyewear boom and a wave of challengers. Rising fastest is Blue Elephant, with similarly trendy frames for much lower prices and gallery-like stores to match. Those parallels
Chiefs of five major South Korean commercial banks will attend a parliamentary audit on Monday to face questions over a wave of cyberattacks that exposed customers' and employees' personal data. The National Assembly's National Policy Committee approved a motion on Oct. 8 to summon KB Kookmin Bank CEO Lee Hwan-ju, Shinhan Bank CEO Jung Sang-hyuk, Hana Bank CEO Lee Ho-sung, Woori Bank CEO Jung Jin-wan and NH NongHyup Bank CEO Kang Tae-young as witnesses for an audit of the Financial Supervisory S
China's largest DRAM maker, ChangXin Memory Technologies, is planning to introduce a new generation of server memory by year-end, but its expanding production capacity and growing customer base could pose a bigger threat to Korean chipmakers than its latest technological breakthrough. CXMT President Cao Kanyu said at a semiconductor conference in Shanghai on Oct. 10 that the company planned to introduce the new, smaller chips by the end of 2026, according to market researcher TrendForce. The chi
Kolmar Korea said Sunday that Minister of SMEs and Startups Lee So-young visited its cosmetics plant in Sejong on Friday to discuss ways to help small and independent K-beauty brands expand overseas amid surging global demand for Korean skincare products. Lee toured the manufacturing facility and met with Kolmar Korea executives and ministry officials to discuss industry challenges and measures to strengthen the competitiveness of Korean cosmetics manufacturers. As Korea's first cosmetics origin
Samsung Electronics is committing more than $22.8 million to workforce development and community programs in Central Texas as rival TSMC explores a potential chip plant in the state, raising the stakes in the competition for skilled semiconductor workers. Samsung Austin Semiconductor announced the investment at its “Made in Texas: Boundless Opportunity” event, unveiling new technical training and internship programs aimed at building a local talent pipeline for its expanding operations in Austin
British maritime services giant Inchcape Shipping Services is stepping up its presence in South Korea, betting on the country's shipbuilding strength and growing naval maintenance business to drive expansion. “We will continue to invest and grow here within Korea. It’s a very key market for us,” David Pratt, Inchcape’s regional CEO for Asia Pacific, told The Korea Herald in an interview in Seoul on Friday. “Korea is a world leader in shipbuilding with major ports and strong maritime technology a
PUNE, India — Hyundai Motor's newly opened plant in Pune is raising hopes of a sales rebound in India, where the Korean automaker is looking to regain market share as younger, tech-savvy consumers reshape demand. Hitesh Chadha, director of Kundan Hyundai, a major Pune dealership, said the added production capacity could strengthen Hyundai's appeal among Indian buyers while supporting SUV and electric-vehicle sales. "As we have enhanced capacity, now people feel more connected … and feel that Hyu
HD Hyundai Chair Chung Ki-sun is set to mark his first year as the helm of the South Korean industrial conglomerate on Saturday, having overseen major mergers, expanded US shipbuilding partnerships and accelerated investment in new growth businesses. The 44-year old chair, a third-generation member of Hyundai’s founding family, succeeded longtime leader Kwon Oh-gap on Oct. 17, 2025. Kwon became honorary chairman the same day. Chung's appointment came 16 years after he joined Hyundai Heavy Indust
HD Hyundai Electric has partnered with LG CNS to pursue power infrastructure projects for artificial intelligence data centers and expand factory automation, the power equipment maker said Friday. The two companies signed a memorandum of understanding that combines HD Hyundai Electric's expertise in power equipment and distribution systems with LG CNS' experience in designing, building and operating data centers. For AI data centers, the companies plan to offer power and distribution equipment a
Hyosung Heavy Industries completed a new ultra-high-voltage circuit breaker plant in Changwon, South Gyeongsang Province, on Friday to meet rising global demand for power equipment. Hyosung Vice Chairman Lee Sang-woon, Rep. Heo Seong-moo of the Democratic Party of Korea, Rep. Kim Jong-yang of the People Power Party, and Korea Electrotechnology Research Institute President Kang Sang-hee attended the opening ceremony. The 18,996-square-meter plant will manufacture 420 kV, 550 kV and 800 kV export
Gentle Monster vs. Blue Elephant: Behind K-eyewear's global boom, a bitter battle over imitation
Musinsa brings Japanese fashion to Seoul with Zozotown
AmCham chief receives honorary doctorate from Korea Aerospace University
Korea's manufacturing jobs rise for first time in 27 months
Bentley hits the battlegrounds in PUBG's latest update
Samsung's top brass convene in Tokyo as Japan chip ties deepen
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