PRESS DIGEST - South Korean newspapers - Aug 31

SEOUL Aug 31 (Reuters) - The following is a summary of major South Korean newspapers on Tuesday prepared by Reuters in Seoul. Reuters has not checked the stories and does not guarantee their accuracy.

KOREA ECONOMIC DAILY

South Korea's No. 1 fixed-line operator KT Corp (030200.KS) said it would launch a tablet PC based on Google's (GOOG.O) Android operating system, which would be the first of its kind in the Korean market.

MAEIL BUSINESS NEWSPAPER

Hyundai Wia, a subsidiary of Hyundai Motor Group, won a contract worth 300 billion won ($251.9 million) to supply auto parts to General Motors Co [GM.UL] for seven years, according to a company source.

Honam Petrochemical Corp (011170.KS) signed a contract to take a 50 percent stake plus one share in local aircraft parts maker DACC Co., the company said in a statement Monday.

JOONGANG ILBO

STX Europe, a unit of South Korea's STX Group, said it won a contract worth 171 billion won ($143.6 million) to build two platform supply vessels for Norwegian offshore services provider Island Offshore.

(Reporting by Seo Ji-won, Editing by Jonathan Hopfner)