Articles by Kan Hyeong-woo
Kan Hyeong-woo
hwkan@heraldcorp.com-
[Photo News] New K8
Kia launched the new K8 on Friday, looking to invigorate the mid- to large-size sedan market with the product enhancement model. The new K8, which underwent a facelift for the first time since its initial release in April 2021, abandoned its old look and adopted the automaker's new star-map signature lighting on the front. The new sedan has been equipped with an advanced driver assistance system to offer upgraded marketability. The price of the new K8 starts at 37.36 million won ($27,338) i
Mobility Aug. 9, 2024
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SK Earthon secures right to explore CO2 off Australian coast
SK Earthon, an exploration unit under SK Innovation, announced on Thursday that it secured the right to explore carbon dioxide reservoirs off the northern coast of Australia, looking to bolster its resource development and carbon capture and storage, or CCS, businesses. According to SK Earthon, the Korean oil and gas exploration company and Australian CCS firms -- InCapture and CarbonCQ -- won the exploration rights for the mining sector named G-15-AP located in the Carnarvon Basin from the Aust
Companies Aug. 8, 2024
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[팟캐스트] (608) 이번에도 올림픽 휩쓴 한국 양궁이 강한 이유
진행자: 간형우, Kevin Lee Selzer Tall tales and theories on S. Korea's dominance in archery 기사 요약: 2024 파리올림픽 양궁 남녀단체전에서 다시 한 번 금메달 획득한 한국 대표팀의 이야기 [1] South Korea on Monday notched its third-straight gold medal in the Olympic men’s team event, defeating host nation France and completing a sweep of the women's and men's team events at this year's Paris Olympics. tall tale: 믿기 힘든 이야기 notch: 달성하다 defeat: 패배시키다 sweep: 완승 [2] Kim Woo-jin, Kim Je-deok and Lee Woo-seok hoisted
Podcast Aug. 8, 2024
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Hyundai Casper Electric aims to prevent sudden acceleration
Hyundai Motor Company on Tuesday showcased an array of distinguished features of the automaker’s newest battery-electric vehicle the Casper Electric, including the automaker’s latest technology that can prevent sudden acceleration incidents. Named Pedal Misapplication Safety Assist, or PMSA, the new technology automatically controls the vehicle’s speed when the driver floors the acceleration pedal suddenly from a standstill if there is an obstacle within one meter away from eit
Mobility Aug. 7, 2024
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Volkswagen keen to revive Korean sales with new Touareg
Volkswagen Group Korea on Tuesday launched the new Touareg, the first release from the German automaker in the local market in about two years, as the German automaker looks to bolster its presence here. “The Touareg has established a unique position, offering exceptional product value at a reasonable price,” said Till Scheer, CEO of Volkswagen Group Korea, during the launch ceremony of the new sport utility vehicle at Grand Hyatt Seoul. “It is an unmatched powerful premium SUV
Mobility Aug. 6, 2024
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Hyundai Motor chief touts Korean archers' Olympic wins
Hyundai Motor Group Executive Chair Chung Euisun, who doubles as the president of the Korea Archery Association, on Sunday emphasized the importance of believing in the association, the athletes and the staff, as well as the association's system itself, as he thanked the Korean national archers after they won all five available gold medals at the 2024 Olympics Games in Paris. “First and foremost, I want to thank our athletes,” said Chung. “I’m most glad about the fac
More Sports Aug. 5, 2024
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Jeon Hun-young leads S. Korean women’s archery as 'big sister'
South Korea's female archers have swept all available gold medals at the 2024 Olympic Games in Paris, continuing to build on the country’s highly decorated legacy in the sport. Although most of the spotlight has been focused on Lim Si-hyeon, who won three gold medals in the women’s team, mixed and individual events, Jeon Hun-young played an irreplaceable role as the "big sister" of the women’s archery team. Jeon, 30, nine years older than Lim and 11 years older t
More Sports Aug. 4, 2024
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Samsung SDI seeks top US talent
Samsung SDI has embarked on a global journey to find the most talented professionals to advance the Korean company’s level of technology and take the lead in the secondary battery industry. The battery maker held this year’s first career fair at the Hyatt Regency Cambridge Hotel in Cambridge, Massachusetts on Saturday, inviting some 90 people working at top universities and research institutes in North America. Boston is home to Samsung SDI’s first research and development cent
Companies Aug. 4, 2024
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[KH Explains] Can Korea commercialize UAM in 2025?
Korea’s private and public sectors have been working relentlessly to commercialize urban air mobility, or UAM, in 2025 as the country looks to take the lead in the up-and-coming global UAM sector. The Ministry of Land, Infrastructure and Transport has laid out the K-UAM roadmap with two-part demonstration projects of "Grand Challenges," or GC1 and GC2. The ministry explained that UAM, which mainly focuses on utilizing electric vertical take-off and landing, or eVTOL, aircraft to
Mobility Aug. 1, 2024
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Hanwha Aerospace logs record profit in Q2
Hanwha Aerospace posted record operating profit of 358.8 billion won ($260 million) in the second quarter thanks to arms exports to Poland, the Korean defense firm said Wednesday. According to the company, operating profit surged by 357 percent compared to the second quarter of last year. Hanwha Aerospace logged 2.79 trillion won in revenue, up 46 percent on year. The earnings exceeded market expectations. Hanwha explained that the delivery of six units of K9 self-propelled howitzers and 18 unit
Companies July 31, 2024
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NCSoft invests $3.5m in Sweden's Moon Rover Games
NCSoft announced Tuesday that it had invested $3.5 million in Swedish game studio Moon Rover Games, as the Korean game company continues seeking future growth engines to expand its gaming portfolio and global market. Moon Rover Games was established in 2022 by a group of developers who had taken part in creating global hit first-person shooters such as the Battlefield series, Far Cry and Tom Clancy’s The Division. Moon Rover Games is currently developing an FPS titled Project Aldous, based
Companies July 30, 2024
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Hyundai Motor accelerates air mobility business in Indonesia
Hyundai Motor and Kia demonstrated their advanced air mobility in Indonesia as they demonstrated a flying aircraft and hailing procedure at the Samarinda Airport in East Kalimantan on Monday. With officials from Indonesia’s Ministry of Transportation and Nusantara Capital City Authority in attendance for the presentation, the automakers explained how ride-pooling application Shucle and specialized aircraft can be developed to fit the circumstances of the local customers and advanced furthe
Mobility July 29, 2024
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Hyundai Motor’s decadeslong support for Korean archery shines in gold at Olympics
South Korea's female archers continued to rewrite history as they won the Olympic gold medal in the women's archery team event in Paris on Sunday, extending the winning streak to a 10th consecutive title. Behind the archery team’s efforts, there was Hyundai Motor Group’s unwavering support that began in 1985. The auto conglomerate’s 40-year-long sponsorship of the Korea Archery Association marks the longest for a single sports association here. Hyundai Motor Group beg
Companies July 29, 2024
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[Test Drive] Kia EV3 takes regenerative braking to next level
Kia is going all-out to turn around the slowing growth of electric vehicles with the launch of its latest all-electric vehicle EV3 as the Korean automaker has developed an affordable, all-around EV. The Korea Herald got to check out the Kia EV3 long-range model with 17-inch wheels for a test drive last week. The 201-kilometer course included city drive, highways and winding roads between Seoul and the eastern city of Sokcho in Gangwon Province. Categorized as a subcompact crossover sports utilit
Mobility July 28, 2024
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Kia posts record operating profit in Q2
Kia logged another record profit in the second quarter on Friday, driven by an enhanced product mix, higher average selling price and favorable exchange rates. During the April-June period, Kia achieved two new records -- 3.64 trillion won ($2.63 billion) in operating profit and a 13.2 percent operating profit margin -- in second-quarter earnings, continuing to break records for two straight quarters. The automaker’s quarterly operating profit increased by 7.1 percent in comparison to the
Mobility July 26, 2024
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