The Korea Herald

S. Korea, US Hold River-Crossing Drills Amid North 'S Missile Firing

The United States and South Korea launched the Freedom Shield exercise with a joint river‑crossing drill on the Imjin River near Yeoncheon, about 50 km north of Seoul. Approximately 700 troops and 200 pieces of equipment, including KM3 amphibious bridges and...

S. Korea Wins Int'l Arbitration Case Against Elevator Maker Schindler

South Korea won an international arbitration case against Swiss elevator maker Schindler, avoiding a 320 billion won ($211.4 million) damages claim. The Permanent Court of Arbitration dismissed all claims, confirming Seoul acted within legal authority and recovering 9.6 billion won in costs. The...

ISLE 2026 Successfully Defining New Trends in Smart Display and System Integration

The ISLE 2026 expo highlighted emerging trends in smart displays and system integration, featuring AI‑driven user interfaces, ultra‑thin flexible panels, and open‑architecture hardware. Leading OEMs announced partnerships to standardize connectivity protocols, while startups demonstrated edge‑AI processing modules for real‑time analytics....

[Sara Albrecht] Refund Tariffs the Right Way

The U.S. Supreme Court ruled recent tariffs unlawful, exposing a legal gap in how to reverse the economic fallout. Illinois Governor JB Pritzker proposes $1,700 checks for each household, totaling about $8.7 billion, to reimburse alleged consumer overcharges. The article argues refunds...

[Wang Son-Taek] The Hidden Cost of War: Public Diplomacy

The piece examines how prolonged conflicts impose hidden costs beyond the battlefield, focusing on public diplomacy’s role in shaping perceptions and economic stability. It cites the recent 7% plunge in the KOSPI amid Middle‑East tensions as a market signal of...

S. Korea, Ghana Leaders Seek Tangible Cooperation on Security, Critical Minerals

South Korean and Ghanaian leaders met to forge concrete cooperation on security and critical minerals. They outlined Korean investment in Ghana's mining sector, targeting lithium, cobalt and bauxite, while planning joint maritime and cyber‑defense drills. The agreement includes technology transfer,...

Samsung Biologics, Eli Lilly to Establish Biotech Incubator in Incheon

Samsung Biologics and U.S. pharma leader Eli Lilly have signed an agreement to launch a biotech incubator in Incheon’s Songdo district. The facility will host Lilly’s Gateway Labs platform, offering lab space, equipment, funding and R&D collaboration to emerging biotech firms....

NCSoft to Acquire 70% Stake in German Game Developer JustPlay for W301.6b

South Korean game publisher NCSoft announced it will acquire a 70% stake in Berlin‑based developer JustPlay GmbH for 301.6 billion won (about $204.8 million). The transaction, slated to close by April 30, gives NCSoft controlling interest in JustPlay’s reward‑based mobile gaming platform and...

Mining for Key Energy-Transition Minerals Is Not a Major Source of Global Greenhouse Gas Emissions, ICMM Research Finds

The International Council on Mining and Metals (ICMM) released a Global Mining & Metals GHG Emissions Dataset covering 1,700 facilities and 87% of production across 14 key commodities. The dataset provides a sector‑wide estimate of scope 1 and scope 2 emissions for...

Pablo Air Shoots Higher with AI Drone Swarms

Pablo Air, a South Korean AI‑drone startup, has demonstrated Level 4 autonomous swarm capability, coordinating up to 50 drones and planning a 300‑drone showcase this year. The company raised roughly 107.5 billion won and is gearing up for a KOSDAQ IPO after a...

How Boston Dynamics IPO Could Unlock Hyundai Motor Group’s Ownership Overhaul

Hyundai Motor Group plans to list its U.S. robotics unit Boston Dynamics on Nasdaq as early as 2027. Executive Chair Chung Euisun holds about a 20 percent stake, potentially yielding up to 20 trillion won ($13.6 billion) from the IPO. The proceeds would...

Seoul to Expand Medical Tourism Interpreters Tenfold

Seoul’s municipal government announced plans to expand its pool of medical‑tourism interpreter‑coordinators to roughly 1,000 this year, a ten‑fold jump from the current cadre. The expansion follows a newly signed memorandum of understanding with the K‑Medical Tourism Association, which will...

Exports Jump 29 Pct to Record Feb. High on Surging Chip Demand

South Korea’s exports surged 29% year‑over‑year in February, hitting a record high. The jump was driven primarily by a sharp rebound in semiconductor shipments as global chip demand accelerated. The trade surplus expanded sharply, reinforcing the country’s position as a...

S. Korea to Closely Monitor Additional US Measures Following Supreme Court Ruling on Trump's Tariffs

South Korea announced it will closely monitor any new U.S. trade actions after the Supreme Court upheld the legality of former President Donald Trump’s tariffs on steel, aluminum and certain Chinese goods. The ruling removes a major legal obstacle, allowing...

Samsung Electronics, KT Hit Record 6G Speeds in 7GHz Band

Samsung Electronics, Korean carrier KT and test‑equipment firm Keysight reported a record 3 Gbps downlink in the 7 GHz band, a core frequency earmarked for 6G. The speed was achieved using a prototype base station with massive MIMO architecture that transmitted eight...

Samsung SDI to Sell W10tr Samsung Display Stake to Fund ESS Pivot

S. Korea Seeks to Reinstate No-Fly Zone Under Suspended 2018 Inter-Korean Military Pact

South Korea announced it will seek to reinstate the no‑fly zone over the Demilitarized Zone that was established under the 2018 inter‑Korean military agreement. Unification Minister Chung Dong‑young disclosed the plan after earlier apologising for civilian‑operated drones that entered North...

From Slump to Surge: Renault Korea’s Strategic Turnaround

Renault Korea has reversed a sales slump by launching the Aurora Project and a hybrid‑first Grand Koleos, boosting domestic sales 31.3% to 52,271 units in 2025. The model’s 86.5% hybrid mix drove 40,877 domestic deliveries, while exports dropped 46.7%, signalling a...

Both the Number of New Workforce and Jobs Stagnant in Korea, Reports Indicate

South Korea faces a looming labor shortage as its economically active population is projected to grow only 0.46% by 2034, creating a gap of roughly 1.22 million workers. Despite the demand for an additional 54,000 workers per year through 2029 and...