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The Korea Herald

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Seoul rolls out W570b package to support steel sector reform

Seoul rolls out W570b package to support steel sector reform

South Korea will inject 570 billion won ($396 million) into its steel industry to strengthen export competitiveness, curb unfairly priced imports, and accelerate technological innovation, the governme

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Carlyle’s Twosome Place in final talks for KFC Korea

South Korean cafe chain Twosome Place, owned by private equity firm Carlyle Group, has reached the final stage of negotiations to acquire KFC Korea, industry sources said Tuesday, in what is viewed as
Companies

SPC heirs promoted in leadership overhaul

South Korean food conglomerate SPC Group said Tuesday it has promoted Hur Jin-soo, the eldest son of Chair Hur Young-in, to vice chair, and appointed his younger brother, Hur Hee-soo, as president of
Tech

Toss expands multilingual support to better serve foreign users

Viva Republica, operator of Korea’s leading mobile finance platform Toss, said Monday it has expanded the app’s multilingual services to better serve foreign residents. In addition to English, Toss no
Companies

Samyang revives beef tallow-fried ramyeon in flavor comeback

Samyang Foods is bringing back beef tallow-based ramyeon for the first time in 36 years, returning to its original flavor philosophy with an ingredient long set aside in the wake of past industry stig
Tech

Samsung, Nvidia join hands to build next-gen AI chip factory

Samsung Electronics said Friday that it will create a next-generation artificial intelligence megafactory in partnership with US chip giant Nvidia, aiming to embed AI across its entire global semicond
Tech

LG, Nvidia deepen ties on physical AI, digital twins

LG Electronics said Friday that it is deepening its strategic partnership with US chip giant Nvidia to accelerate the development of next-generation technologies, including physical artificial intelli
Companies

Buldak noodle prices rise in US for first time in three years

Samyang Foods has raised the retail price of its flagship Buldak series by around 14 percent in the United States, its first price hike in three years, following the US tariff increase on instant nood
Tech

Samsung Electronics marks 56th year with AI push

Samsung Electronics on Friday marked its 56th founding anniversary with a subdued commemorative event held in Suwon, Gyeonggi Province, one day ahead of the official date. Chair Lee Jae-yong did not i
Tech

Kakao Navi scopes out APEC traffic

As the Asia-Pacific Economic Cooperation summit turns Gyeongju, North Gyeongsang Province, into a global hub, navigation has become crucial for residents and visitors alike. With delegates, executives
Companies

Genesis G90 escorts VIPs with panache in Gyeongju

Hyundai Motor Group is bringing the G90, a luxury sedan from the Korean auto giant’s premium brand Genesis, into the spotlight this week, offering top-class transportation to high-ranking government o
Tech

Korea, US sign tech deal to boost AI, quantum ties

GYEONGJU, North Gyeongsang Province — South Korea and the United States signed a technology cooperation pact Wednesday, pledging to boost collaboration in artificial intelligence, quantum computing an
Companies

McDonald’s Korea launches Taiwan working holiday for managers

McDonald’s Korea said Tuesday it is sending its restaurant managers to Taiwan on an overseas training program to help them gain international experience and cultural exposure. The eight-week program,
Tech

Talk to ChatGPT without closing KakaoTalk

Kakao on Tuesday rolled out ChatGPT for Kakao, a new feature that embeds OpenAI’s powerful chatbot directly into KakaoTalk, the company’s flagship messaging app. The launch marks the first tangible re
Companies

K-food exports hit record $8.5b on US demand, ramyeon boom

Korean food exports climbed to a record high of more than $8 billion in the first three quarters, underpinned by steady demand for instant noodles and increased shipments to the United States, data sh
Companies

Hanwha strengthens global reach with LPGA event

The Hanwha LifePlus International Crown in South Korea concluded last week, with Team Australia claiming victory at the LPGA’s biennial women’s professional team golf tournament. Hanwha Life said Mond
Markets

Samyang Foods' stock slips on tariff jitters

Samyang Foods’ stock rally — shooting past the 1 million won ($700) mark to climb above 1.6 million won per share — seems to have fizzled for now, down more than 20 percent this month even as the benc

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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