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On the Spot
Mon, October 18, 2021 | 18:50
Gov't to team up with businesses over US pressure on chipmakers
The government will closely cooperate with domestic semiconductor manufacturers to help them cope with growing pressure from the United States with its recent demand that they disclose sensitive information, Finance Minister Hong Nam-ki said Monday. Hong also added the country will soon make decision on whether to apply to join the CPTTP, a mega-size free trade pact comprised...
| 2021-10-18 16:15
Samsung forecast to feature 4 cameras, S Pen for S22
Samsung Electronics is nearing the release of its 2022 premium smartphone, possibly to be called the Galaxy S22. Speculation has been brewing that the upcoming device will feature four cameras and the S Pen stylus, which was previously seen in the Galaxy Note smartphones.
| 2021-10-15 16:48
Airlines dogged by double whammy of weakening won, surging oil prices
Concerns in the airline industry are growing as international oil prices are soaring and the value of the local currency is tumbling as the Korean won traded at around 1,200 won against the U.S. dollar.
| 2021-10-15 16:21
Samsung helps youth realize social innovation ideas worldwide
Samsung Electronics believes that a better future lies in bringing about social change by developing the potential of young people.
| 2021-10-14 16:39
LG Electronics launches indoor plant cultivator 'tiiun'
LG Electronics has brought gardening indoors. The home appliance maker launched “tiiun,” which allows consumers to grow various plants, such as flowers and vegetables, at home.
| 2021-10-14 16:17
Samsung to unveil colorful new Z Flip3 models on Oct. 20
In a move to secure its market share, Samsung Electronics is aiming to diversify its mobile lineup by releasing colorful new versions of its Galaxy Z Flip 3 foldable phones.
| 2021-10-13 16:45
Hyundai's luxury brand Genesis bolsters golf marketing
Hyundai Motor Group's luxury car brand Genesis is capitalizing on golf events as a tool to bolster its presence in the high-end vehicle market.
| 2021-10-13 16:16
SK Inc. to pursue clean hydrogen production
SK Inc. CEO Jang Dong-hyun, left, poses with Monolith CEO Rob Hanson after signing an agreement to set up a joint venture to produce clean hydrogen in this photo provided by the Korean company, Wednesday. With the agreement, Monolith will provide the technology and training to produce hydrogen and carbon black products in Korea, while SK Inc. will oversee the production, sale...
| 2021-10-13 11:15
[INTERVIEW] Merck bolsters ties with Korean tech firms through major investment
Germany-based Merck has contributed greatly to the development of high-tech industries such as semiconductors and displays, providing electronic materials to prominent tech companies in the global market. In particular, Merck's electronics business sector has been strengthening ties with the high-tech sector in Korea, a powerhouse in the semiconductor and display industries. ...
| 2021-10-13 10:17
Samsung family unloads W2 trillion in shares to pay inheritance tax
Korea's notoriously high inheritance taxation has forced the heirs of the late Samsung Chairman Lee Kun-hee to sell shares in Samsung affiliates worth around 2 trillion won ($1.67 billion) to fulfill their tax obligations. Hong Ra-hee, the widow of the late chairman, reported to the Financial Supervisory Service (FSS), Oct. 5, that she plans to sell 19.9 million shares in Sam...
| 2021-10-11 16:45
[ANALYSIS] Korea under pressure to mediate chip issue
Foreign parent can win child custody despite Korean language limitations: top court
A Romanian visitor's street views of Korea
[ANALYSIS] Pandemic spurs sales of luxury goods, counterfeits
Early cold wave grips nation
Tightening lending rules to hit young, low-income borrowers hardest
Tencent increasing investments in Korea amid China regulation
Dollar set to continue rally against won
Korea, Japan to remain apart on historical issues
'Squid Game' draws attention to Jeju Island
Daily life in Haiti after a series of environmental disasters and political unrest
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