National Politics Social Affairs Foreign Affairs Defense North Korea Science Diplomatic Circuit Education Business Economy Finance Industry Technology Automode Life&Style Culture Travel Fashion Food & Beverage Books People Expat Living Arts & Design Health Entertainment Film Television Music Theater World World News World Business Asia News Network Sports Soccer Baseball Golf More Sports Opinion Editorial Viewpoints English Eye Podcast English Cafe Go to Desktop Version Weekender Subscribe Leader’s Club Korean Mobile App Twitter Facebook Youtube RSS LATEST NEWS Today Economy Manufacturing sector crucial for economic growth: BOK chief Citing mounting challenges in the global market, the chief of South Korea’s central bank on Tuesday urged for measures to improve the competitiveness of the manufacturing sector during a rare meeting with industry representatives.“The competitiveness of the manufacturing sector will determine the survival of our economy,” said Lee Ju-yeol, governor of the Bank of Korea, at an economic meeting with officials from industries. “We cannot guarantee sustainable growth without the support of the manuf Today Music Tongyeong music fest aims to be classical yet innovate Annual festival in southern coastal city elevates legacy of late composer Yun I-sang Today Technology LG Innotek starts mass production of 3D sensor module for G8 ThinQ LG Innotek said Tuesday it will start mass-producing 3D sensing modules for smartphones, including LG Electronics’ upcoming G8 ThinQ phones. The electronics parts supplier of LG Group is rolling out the time-of-flight module, known as ToF. LG Electronics had previously announced that it had adopted the ToF sensor made by Germany’s Infineon Technologies for its new flagship phone G8 ThinQ. ToF module (LG Innotek)The ToF sensor supplied by the German firm and assembled into a module by LG Innotek Today Economy [Herald Interview] SK Innovation’s participation to bring better understanding of EV in US city SK Innovation’s decision to build a US production facility for electric vehicle batteries in Commerce, Georgia, will help raise public awareness and understanding of the next-generation vehicle technology according to the city’s mayor. Mayor Clark Hill visited Seoul for a weeklong trip that will involve a tour of SK Innovation’s EV battery plant in Seosan, South Chungcheong Province, and some learning about Korea’s cultural aspects. “SK’s participation in the community will bring about a better Today North Korea Koreas slow in enforcing military accord amid focus on Hanoi summit South and North Korea appear to have struggled to move forward their 2018 military accord aimed at reducing tensions and building trust amid a lack of progress in denuclearization and a focus on a second summit between Washington and Pyongyang, observers said Tuesday.Since the beginning of this year, the two Koreas have held few talks over the implementation of the accord, in stark contrast to fast progress in the first three months after their defense chiefs signed it in September.Pyongyang has Today Finance Woori Financial kick-starts nonbanking M&A push with bid for Hi Asset Management Woori Financial Group has set out to acquire Hi Asset Management, marking the first step in its stated moves to expand its nonbanking business through strategic mergers and acquisitions and strengthen its holding company structure.Woori Financial was among those that joined the preliminary bidding process for Hi Asset Management on Monday, alongside Kiwoom Securities and a number of private equity funds from Korea and abroad, according to an industry report. (Yonhap)Hi Asset Management, a subsid Today Industry Korean mobile carriers marry 5G and VR games Mobile carriers see virtual reality games as ‘killer contents’ in 5G environment Today Industry Digital advertising revenue tops W4tr, surpasses broadcast ads Advertising expenditure on digital platforms rose to over 4 trillion won ($3.55 billion) in 2018, surpassing the amount spent on broadcast ads for the first time, data showed Tuesday.Samsung-owned advertising agency Cheil Worldwide’s data on Tuesday showed that the total advertising spending in Korea marked an on-year growth of 4.6 percent to 11.18 trillion won in 2018. Analysts credited international sporting events such as the PyeongChang Olympics and Asian Games as chief market growth drivers Today Automode Han Sung Motor launches 8th Dream Gream project for aspiring artists An annual scholarship program for aspiring artists by Han Sung Motor, the largest official dealer of Mercedes-Benz, was launched for its 8th year on Tuesday, with 15 new recipients. The Dream Gream is a corporate social responsibility program initiated by the dealer in 2012. The project is dedicated to broaden the horizons of young artists, and offer them a chance to participate in the list of art shows, the company explained. Under this year’s theme, “Customize your story,” the Dream Gream scho Today Industry [Advertorial] LG Chem paves way to be global industry leader LG Chem has introduced new sales and investment goals for five of its core business areas in hopes of earning a spot in the global top 5 in the industry by 2025. It is the first Korean company to have been selected as one of the top 10 companies in C&EN’s Global Top 50 chemical companies of 2018, published by American Chemical Society. LG Chem plans on increasing its sales this year by 14.5 percent to 32 trillion won (US$28.37 billion) to further advance its standing in the industry. Officials Today Defense [Multicultural Korea] Military changing to embrace diversity Negative attitudes remain to be tackled Today Social affairs YouTuber finds body at abandoned hospital A YouTuber found a corpse over the weekend while streaming a show at an abandoned hospital in Gwangju.According to Gwangju Police on Monday, the 30-year-old YouTuber surnamed Park entered the hospital at midnight Saturday as part of his show about exploring abandoned places. This photo is not related to the article.Although the hospital is fenced off, as it was shut down 10 years ago, Park sneaked into the premises and was exploring the place when he discovered the body on the floor in a ward. Today Film [Herald Review] ‘Harry Potter 4DX’ invites audience into ‘Chamber of Secrets’ While the “Fantastic Beasts” series has been achieving its own success, the spinoff has us missing the original “Harry Potter” series even more. And now there is good news for fans: “Harry Potter and the Chamber of Secrets” has returned after nearly 20 years -- in 4DX. House elf Dobby (Warner Bros.)The motion picture technology 4DX has been developed by CJ CGV and stimulates the senses with special effects such as motion seats, wind, water, lights and scents.When this roller coaster of a cinema Today Automode Infiniti unveils premium crossover The All-New QX50 The five-passenger QX50 compact crossover by Japanese automaker Nissan’s luxury car brand Infiniti hits the South Korean market Wednesday with a redesigned interior and exterior. The 2019 model features the 2.0L VC turbo engine with technology developed for the first time in the world’s combustion engine history, according to the company. Infiniti’s all-new QX50 (Infiniti)The technology is based on a multilink system that automatically controls the range of the engine’s piston for optimized pow Today Automode Kumho Tire tops replacement tire market in Korea Kumho Tire has maintained its top position in South Korea’s replacement tire market for two years in a row, data from the Korea Tire Manufacturers Association showed Tuesday.Buoyed by consumer demand for premium tires and the launch of new tire products last year, Kumho Tire said it had recorded high sales of tires here.According to data from the association, Kumho Tire ranked No. 1 with sales of 6.52 million tires in 2018, accounting for 40.6 percent of locally produced tires sold in the countr MORE 15 / 508120
