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Reporter : Baek Byung-yeul
Tue, March 28, 2023 | 07:42
KT shareholders frustrated by political influence over CEO appointment
KT's shareholders are frustrated by the future of the telecommunications company being repeatedly swayed by political influence in the process of choosing a new CEO. KT said Monday that Yun Kyung-lim, president of the company, resigned as a CEO candidate 20 days after he was officially nominated.
Samsung to make 3 new chip departments with tech universities
Samsung Electronics has gone all out to foster semiconductor engineers based outside the Seoul metropolitan area in order to contribute to the development of regional economies around the nation and secure quality professionals for its core business, the chip giant said Monday. Samsung said it made agreements with three state-run science and tech universities to launch semico...
Hyundai Motor unveils facelifted Sonata
Seen is Hyundai Motor's facelifted Sonata sedan. The carmaker unveiled Monday the exterior and interior of the mid-size Sonata the Edge to emphasize the sleek design of the facelifted version. The new model will be displayed at the Seoul Mobility Show, which will take place at KINTEX convention center in Goyang, Gyeonggi Province, from March 30. Courtesy of Hyundai Motor
Samsung chief inspects production plants in China for first time in 3 years
Lee Jae-yong, chairman of Samsung Electronics, visited China for the first time in three years to inspect Samsung Electro-Mechanics' multi-layer ceramic capacitor (MLCC) plant at a time when demand for the key component of electric vehicles (EV) is increasing, the company said Sunday. His visit drew particular attention as it came amid the U.S. government's intensifying effor...
Hyundai Motor Group, Busan citizens launch all-out campaign for World Expo 2030
Hyundai Motor Group and residents of Busan have launched an all-out campaign to promote the city's bid to host World Expo 2030 as the automotive giant unveiled a promotional video showing Busan citizens introducing the southern port city's unique qualities in 15 different languages, Sunday.
Workday aims to assist hums with AI, machine learning, not replace it
Workday aims to augment human intelligence with artificial intelligence (AI) and machine learning (ML), instead of replacing people, as the U.S.-based human resources and finance management software maker thinks the emerging technologies need to be human-centric and trustworthy, the chief technology officer of the company's Asia Pacific and Japan region said, Thursday.
HLB's US subsidiary promotes efficacy of liver cancer drug Rivoceranib
HLB, a global biopharmaceuticals company, said Thursday that its U.S. subsidiary Elevar Therapeutics announced the efficacy and safety of the Rivoceranib liver cancer drug at a biopharmaceutical symposium in Washington, D.C. This comes as part of the Korean biotech company's efforts to promote the drug ahead of applying for new drug application (NDA) with the U.S. Food and Dr...
Samsung, SK avoid worst-case scenario as US 'guardrails' are less stringent than feared
Samsung Electronics and SK hynix have avoided the worst-case outcome from the U.S. CHIPS Act - which embodies Washington's attempt to limit Beijing's chip technology development - because details of the regulation did not specify the banning of increases in output through technological upgrades at their chip factories in China, industry officials said Wednesday.
Spain's Smart City Expo to feature Korea's smart cities
Korea's advanced smart city technologies will be showcased at the upcoming Smart City Expo World Congress, an exhibition specialized in presenting the latest technologies and trends of smart cities, an urban system that uses information and communication technology (ICT) to improve operational efficiency, a director of the organizer said Wednesday. “We are honored and excited...
Proxy adviser opposes reappointment of HL Group chairman as director
Chung Mong-won, chairman of HL Group, has hit an obstacle because a proxy advisor here is opposed to an attempt by the construction and auto parts conglomerate to appoint him as director of the group's affiliates, explaining that there could be a conflict of interest concerning the possibility of internal transactions, according to the proxy adviser Monday.
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