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The popularity of the Orion brand's Turtle Chips continued to grow in the US last year, boosting its annual sales to around 12 billion won ($8.8 million). Orion, a South Korean confectionery and snack manufacturer, is supplying the chips at the snack bars of major firms such as Google and Netflix, ...
Hyundai has focused significantly on the sensory experience within the cabin, integrating high-strength subframe members, comprehensive sound-absorbing materials, and double-laminated acoustic glass to ensure a tranquil environment. Advanced features such as a hydraulic rebound stopper (HRS) and ra...
By Kan Hyeong-woo ( hwkan@heraldcorp.com ) The Korea Herald
Hanwha Life, a leading Korean insurance company and the life insurance subsidiary of Hanwha Group, has made a strategic move into the Indonesian banking sector through a stake purchase. The company announced on Wednesday that its board had approved acquiring a 40 percent stake in Nobu Bank from In...
HD Hyundai Heavy Industries and Norway's Philly Shipyard signed a memorandum of understanding to collaborate on manufacturing, maintaining, repairing, and overhauling vessels and ships ordered by the US government, the South Korean shipbuilder said Wednesday. The signing ceremony was held at Phill...
South Korean home appliance maker Coway has launched a new massage bed, the Berex Reclining Massage Bed, as part of product diversification aimed at the nation's soaring massage chair market. The new product is the first of its kind to incorporate an automatic upper-body reclining function, specif...
Korea Ginseng Corp., the leading manufacturer of ginseng products in the country, has launched a new promotional video featuring trot singer Lim Young-woong. Released on Wednesday, the video showcases a day in the life of Lim, from morning routines to exercise and singing practice. The video highl...
SK earthon, a South Korean oil exploration and production company, said Wednesday it has sold its entire stake in an oil block in Peru to a US company. SK earthon has wrapped up a deal to deliver its 20 percent stake in Peru LNG Co. to MidOcean Energy, the liquefied natural gas unit of US-based en...
Hyundai Mobis, South Korea's leading auto parts maker, said Wednesday it has started construction of an electric vehicle (EV) battery plant in Spain. The company said it held a groundbreaking ceremony for the envisioned 150,000-square-meter factory in Navarre, Spain, on Tuesday. Hyundai Mobis aims...
Hyundai Motor said Wednesday it has launched a new commercial electric delivery vehicle model with expanded functionality that can be tailored to various business services and solutions. The ST1 has been released in two variants -- the ST1 Cargo and ST1 Cargo Refrigerated -- and can be expanded in...
The chief executive officers of SK Group affiliates have agreed to ramp up efforts to bolster the conglomerate’s corporate value by swiftly carrying out rebalancing work to inspect and optimize businesses amid prolonged global management uncertainty. SK Group said Tuesday the latest decision came...
With the rising number of Korean restaurants abroad and the global appeal of Korean food, CJ CheilJedang's processed rice product is experiencing a surge in popularity across North America. CJ CheilJedang announced on Tuesday that sales of Bibigo Cooked Sticky White Rice amounted to 160 billion wo...
Posco Group announced Tuesday the completion of a manufacturing plant specifically designed to produce silicon battery materials, laying the groundwork for next-generation secondary battery materials venture. Its battery materials unit Posco Silicon Solution completed a silicon anode material plan...
Hollys, the coffee business unit of South Korea's KG Group, said Tuesday it will open its first overseas outlet in Japan next month as part of its expansion strategy. Hollys has set up a business entity in the neighboring country to open the outlet at the Marui Department Store in Namba, Osaka. H...
Posco Group Chairman Chang In-hwa on Monday announced seven major tasks that the steel giant will tackle in the years to come, from consolidating its leadership in steelmaking and battery materials to improving the governance structure. The new missions come after Chang was appointed as the group’...
KGC eyes broader customer base with Lim Young-woong
Korean robot startup aims to transform human walking
Coway launches Berex massage bed with enhanced usability
Hyundai Mobis breaks ground for W170b Spain plant
HD Hyundai teams up with Norway's Philly Shipyard for US footing
Hanwha Life taps into global banking through Indonesian investment